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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 AllDutch1234567on Feb 01, 2020 7:59am
229 Views
Post# 30628676

CCE's fluorspar is worth USD 10 Billion!!

CCE's fluorspar is worth USD 10 Billion!! The Ashram contains about 20 million tonnes of Fluorspar in total. At a price of USD 500 per tonne this would create a revenue stream of USD 10 billion over the lifetime of the mine.

https://www.youtube.com/watch?v=aJntZtXM-f8&feature=emb_title

But there is more!

CCE also owns 25% of Saville Resources (v.SRE). Saville will add fluorspar to their Nb/Ta project. Their soon to be released assays will probably be even  better than CCE's.
 
RioTinto own the aluminium smelters in Quebec. Right now they are flirting with CCE. But CCE's hands are tied due to an exclusive arrangement with Glencore (MOU with Norfalco). Fortunately for all of us, Saville falls outside of this arrangement ;-)
 
We have a clear winner here!

Bullboard Posts