Commerce Resources Corp V.CCE

Alternate Symbol(s): CMRZF

Metals & Mining Industrial Metals & Minerals

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

Commerce Resources Corp

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Post by thairaton Aug 28, 2019 10:58am

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Post# 30074648

Kachanovsky: With this discount to market I am going to add

With this discount to market I am going to add to my position

That works out to less than 3 cents a share for stock that was trading at 7 cents not too long ago, pre-consolidation. But I understand how these things work and they need to raise the $3 million to be able to move this project forward. Sitting back and waiting has not done much for the stock, so hopefully they get some good shareholders on board and create some value with that money. I still hold a core position from several years ago, but the price here is compelling enough, and the value of the Ashram project attractive enough for me to buy at this level.

cheers!
mike

CCE runs a paid ad on this website.

https://forum.mexicomike.ca/viewtopic.php?style=20&f=2&t=12167&sid=ecb938ea0bddbb880c6e0b4facbb8330#p217602

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