CCE:TSX.V
D7H:FSE

Commerce Resources Corp.

Commerce Resources Corp. is an exploration and development company with a particular focus on developing its Blue River tantalum and niobium deposit (British Columbia) and its Ashram rare earth element project (Quebec). Both projects have significant resources and robust economics released in respective PEAs. The company is working towards the completion of prefeasibility studies for both assets.

Expert Comments:

"One company on the Advanced Rare Earth Projects Index is Commerce Resources Corp., which is operating a mini pilot plant to process a bulk sample from the Ashram REE deposit in Quebec. Commerce has basically developed a process to produce concentrate with a relatively high concentration of REEs. Ideally, the company would need to scale up and show that it can do it on at least a semi-continuous basis with a much larger sample, which means being exposed to more variability. The company is trying to confirm that it has a process that works to produce a viable mineral concentrate. It's an important part of any project in order to move it forward." read more >

Maria Kalbarczyk, Secutor Capital Management (2/17/15)
"Commerce Resources Corp.'s Ashram project has the potential to be one of the world's largest REE-producing mines. . .the company should be able to use standard processing techniques for Ashram, with bench scale and pilot scale testing thus far demonstrating that it can be done. In the baseline flowsheet, Commerce showed that the deposit could produce a high-grade (>40% TREO) mineral concentrate, allowing the company to achieve much lower processing costs than many other projects."

"When you talk about Commerce Resources Corp., you need to think about the optionality inherent in its business model. Commerce really is both a rare earth elements (REE) play and a tantalum/niobium play. Based on initial economics, individually, both are valuable and highly strategic assets.

We also know a lot about the mineralogy, with a majority of the Ashram REE deposit hosted in monazite. This is an underappreciated positive as commercial quantities of REEs have been produced from monazite (as well as bastnasite and xenotime) in the past. . ." read more >

Arie Papernick, Secutor Capital Management (12/22/14)
"Commerce Resources Corp. reported positive metallurgical results at Ashram. . .with trial production of mixed rare earth carbonate concentrates and a mixed rate earth chlorides on the near-term horizon, Commerce will be in a position to demonstrate the entire flow sheet for Ashram and to demonstrate the viability of its product to potential customers."

Stephan Bogner, Rockstone Research Ltd. (10/22/14)
"Commerce Resources Corp.'s Ashram deposit is my top pick in the rare earth element (REE) space. . .the firm's management has shown an unwavering commitment to finding a strategic partner to maximize shareholder value while at the same time is working towards a simple, low-cost, and practical path to production. . .Ashram is a great project in the hands of great management and this is a combination which typically leads to production. . .Ashram is a game changer in the REE space; it is the clear leader with less than half the volumetric input as its closest peer."

Arie Papernick, Secutor Capital Management (10/17/14)
"Commerce Resources Corp is cashed up and ready to advance Ashram; on October 6, the company closed a private placement for gross proceeds of $5M. . .the Ashram project has the potential to be one of the world's largest REE-producing mines. . .Commerce will be able to produce a 43.6% total rare earth oxide mineral concentrate, allowing the company to achieve much lower processing costs than many other projects."

More Comments

Experts Commenting on This Company


The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Commerce Resources Corp. Content