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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 lmcbainon Mar 27, 2014 3:52pm
298 Views
Post# 22378156

Getting restarted on Commerce

Getting restarted on CommerceI have followed the company off and on for a number of years; it currently looks to be on solid footing both financially and technically and I believe it to be value priced (personal opinion only of course).

The recent financing was below where I would have liked to have seen it, but the money was available and the global scene once again looks to be less than stable.

I like the fact they are working diligently towards feasibility and as I understand it there are multiple discussions active with respect to potential big ticket JV partners, who could / would get involved on both the production and consumption side of the equation. I will be looking at things deeper over the next little while and will update if I come across anything of interest.

Salut,
Leigh McBain

Bullboard Posts