Commerce Resources - What Makes Us Unique?

TL;DR

Commerce Resources focuses on the Ashram Rare Earth Element Project in Quebec, which has excellent market potential and is located in a favorable mining jurisdiction.

Transcript

I think the three most important things that people should know about commerce resources is that we are focused on our rare earth element project in Quebec in terms of a commodity I don't think there's a better commodity at this point in time to see appreciation in the markets secondly we're in the province of Quebec and arguably it is the best min... Read More

Key Insights

• 💪 Commerce Resources is focused on the Ashram Rare Earth Element Project in Quebec, which is projected to have strong market potential.
• 📽️ Quebec's status as a mining jurisdiction strengthens the project's prospects.
• 📽️ Unique geology and mineralogy make the Ashram project economically viable.
• 🤨 Raising capital and attracting joint venture partners are current priorities for Commerce Resources.
• 🏁 The government of Quebec's investment is a crucial milestone and signifies ongoing support.
• 📽️ Quebec has a history of supporting mining projects it invests in.
• 🛟 Stornoway Diamonds serves as an example of Quebec's substantial support, including financial assistance and infrastructure development.

Questions & Answers

Q: What sets the Ashram Rare Earth Element Project apart from others?

The project's uniqueness lies in its geology and mineralogy, which resembles the dominant style found in rare earth element projects. This specific rock and mineral composition leads to better economic potential in the sector.

Q: What is the significance of the upcoming financing from the government of Quebec?

The direct investment from the government of Quebec, expected to be a million dollars, is a crucial milestone. It demonstrates significant support and commitment, as Quebec generally continues to support projects it invests in.

Q: How does the government of Quebec's support compare to other mining projects?

The government of Quebec is known to actively support mining projects it invests in. For instance, they are the largest shareholder of Stornoway Diamonds, and they financed the construction of a 245-kilometer road for them.

Q: What can investors expect in 2017?

The completion of the current financing round is a primary catalyst to watch for. This includes the government of Quebec's expected investment, which is anticipated to have a significant impact on Commerce Resources' progress.

Summary & Key Takeaways

• Commerce Resources is primarily focused on the Ashram Rare Earth Element Project in Quebec, which is expected to have high market value.

• Quebec is considered one of the best mining jurisdictions globally, which adds to the project's prospects.

• The company is in the final stages of raising capital, which will help progress the project and attract potential joint venture partners.