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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’s primary focus is on rare earth elements (REEs) and the rare metals tantalum and niobium. Its principal assets are the Eldor Property in Quebec and the Blue River Tantalum-Niobium Property in British Columbia. 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. The Blue River Property, located in British Columbia, Canada, is host to the Upper Fir Deposit. The Upper Fir Deposit is located approximately 30 kilometers (km) north of the town of Blue River and is owned 100% with no underlying royalties. Capacitor Metals Corp. is the wholly owned subsidiary of the Company.


TSXV:CCE - Post by User

Bullboard Posts
Post by thairaton Dec 12, 2019 8:17am
137 Views
Post# 30446869

I smell sth is cooking

I smell sth is cooking I can’t be specific about the timing of the next releases, but I think what Chris was referring to was the combination of important near-term developments for both Commerce and Saville. As you know, it is key for investors to understand that these two stories are directly connected (two parts of the same whole). Good news on one is good news for the other.
Commerce has REE, Saville has Niobium, and both have very significant fluorspar.
Both would share any future infrastructure benefits, and would in effect be one combined mine complex if they both go ahead. The implications of this fact are enormous.
As I mentioned, I can’t say too much right now, but anything that does come out should be seen in the context of what I’ve said above.
 
Talk soon!
Cheers,
Justin
Bullboard Posts