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Commerce Resources Corp V.CCE

Alternate Symbol(s):  CMRZF

Commerce Resources Corp. is a Canada-based junior mineral resource company focused on the development of the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada. The Company is primarily focused on suppling of mixed rare earth carbonate and/or neodymium and praseodymium (NdPr) oxide to the global market. Its primary asset is the Eldor Property in Quebec. The Eldor Property is situated in northern Quebec approximately 130 km south of the town of Kuujjuaq. The Property is 100%-owned by the Company and is composed of 244 claims comprising approximately 11,475 hectares, including the Ashram Rare Earth Deposit. Capacitor Metals Corp. is the wholly owned subsidiary of the Company.


TSXV:CCE - Post by User

Bullboard Posts
Post by shelbson Mar 19, 2013 3:45pm
312 Views
Post# 21151738

CCE Share Price

CCE Share Price

Hey all,

 

I don't post much on this BB - as a matter of fact I think this is my first post on this BB. Can anyone shed light on what's going on with this company? 2 NPV's, both are really good, and we sit at 10 freaking cents? I can't figure out why there's a sell off. If this is just institutional investors finding other deals, then why aren't there buyers since this is such a discount?

 

I've contacted Commerce asking them why. I have not received an answer yet. Like someone said a few posts back, this is definately a head scratcher. I don't own a lot of CCE, just 50+K shares, so I'm not that worried about CCE dropping further. It still is a bit baffling how it's possible that a company with billions in NPV value sit at 10 cents. Please, if you have any reasons that this stock is where it is, chime in. If you have any theories, I would also love to hear it!

 

Shelbs

Bullboard Posts