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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

Comment by dmacdon Dec 31, 2020 2:12pm
195 Views
Post# 32204639

RE:news

RE:newsJust added to my position, still a minor one though. I might move some recent profits from First Cobalt soon. My reason for adding now is that the government's have signaled a readiness to finally place direct support into green metals and later look for next chain investments. Commerce just needs a bit more due diligence to get to the same financing opportunity. Perhaps a fluorspar takeoff agreement would put them over the edge. I would also like to see the local first nations push the feds for an investment grant. I am hoping for $10M for CCE announced followed by $5M in relatively minor dilutive funding. That would firm up the PFS once and for all to remove the stalemate. CCE is too good and world class deposit to ignore much longer IMHO.
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