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:

Stephan Bogner, Rockstone Research (8/27/15)
"Commerce Resources Corp.'s Ashram deposit is markedly different from Molycorp Inc.'s Mountain Pass deposit, and this is highlighted by a superior REE distribution more focused on what the market needs now, and will need more in the future. Coupled with the knowledge of why Mountain Pass failed, apart from REE distribution, this may effectively strengthen the potential for Ashram to enter production and avoid the fatal missteps of Molycorp."

"In the rare earth space, we also like Commerce Resources Corp., which recently announced excellent drilling results at its Ashram rare earth deposit in Northern Quebec." read more >

"Commerce Resources Corp. is the owner of the Blue River tantalum-niobium project in British Columbia; this project is noteworthy. . .[Commerce also has the Ashram rare earth elements (REEs) project. Is this a tantalum play now or is this an REE play?] It is probably a strategic metals play. It is advancing on both fronts, I think. Blue River continues to be an important project for it, as well as Ashram, the REE project in northern Québec. The company continues to advance that project, too. . .from my interactions with the team, it is my understanding that the company is focusing most of its resources on developing good processes for the production of the strategic metals in its deposits and in securing partnerships that could help it advance its projects and sell the future products." read more >

"We follow Commerce Resources Corp., which is developing its Ashram REE deposit in far northern Québec. That deposit is quite large, but we need to know how companies are going to overcome the logistics of being a distance from established infrastructure. . .the Québec provincial and federal government's investment in Plan Nord will see a new road built closer to Commerce Resources' Ashram deposit, but the site is even farther north than the road. It will be interesting to see, as Plan Nord proceeds, how it will change the overall flow of materials moving into the northern part of Québec. As that improves, so too will the logistical possibilities for Commerce getting Ashram into production." read more >

"One to watch is Commerce Resources Corp., which is home to niobium and tantalum in the Blue River project in British Columbia and REEs in the Ashram project in Quebec. As the company ramps toward the feasibility stage, it has been focused mainly on optimizing the flow sheet at Ashram and has recently been able to significantly reduce consumption of primary flotation reagents at bench scale. This is important as it will help drive down costs and enhance economics. The tantalum is sort of a secret weapon and dovetails nicely with the theme of optionality. It gets overlooked and isn't really factored into the current valuation of the company, but it could pay off in the long run." read more >

"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 >

More Expert Comments

Experts Commenting on This Company

Chris Berry, Founder – House Mountain Partners LLC.
Stephan Bogner, Analyst – Rockstone Research
Derek Hamill, Head of Research & Communications – Zimtu Capital Corp.
Gareth Hatch, Founding Principal – Technology Metals Research
Douglass Loud, Executive Director – Axiom Capital
Jeffrey Mosseri, President, Director – Greystone Asset Management, LLC., Axiom Capital
Arie Papernick – Secutor Capital Management
Paul Renken, Senior Geologist – VSA Capital

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