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Bullboard - Stock Discussion Forum 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... see more

TSXV:CCE - Post Discussion

Commerce Resources Corp > better than LYNAS
View:
Post by capitalraiser on Aug 19, 2022 1:26pm

better than LYNAS

https://www.rockstone-research.com/index.php/en/research-reports/6003-Commerce-Resources-at-eye-level-with-the-only-two-major-REE-miners-in-the-western-world
Comment by dmacd on Jan 26, 2023 2:04pm
Potentially Energy Fuels will want to lock down REE feedstock for the longer term since they could be a strategic investor. The MC for this resource is way too low, and management is being prudent to slowly advance until the sector gains some momentum. If this was a uranimum play the MC would be $150M not the ridiculous $20M current ... so on valuation the SP could be 3 to 5x just on market ...more  
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