Standard & Poor's Releases an Updated Factual Stock Report on Commerce Resources Corp.
Tue Sep 25, 10:41 AM
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NEW YORK--(BUSINESS WIRE)--Standard & Poor’s announced today that it has released an updated Factual Stock Report on Commerce Resources Corp.
Commerce Resources Corp. (TSX V: CCE), in the exploration stage as of April 30, 2007, acquires and explores mineral properties in Canada. The company has three advanced tantalum/niobium properties, the Upper Fir, the Fir and Verity, which collectively are known as the Blue River Tantalum/Niobium Project. The properties are located 300 kilometers north of Kamloops, in central British Columbia.
The Upper Fir property is located in the Kamloops Mining Division of British Columbia, approximately 10 kilometers north of Blue River, British Columbia. Commerce acquired a 100% interest in 69 units by staking in early 2000 and is not subject to any underlying royalties. On January 24, 2007, the company announced that it had entered into an agreement to acquire a 100% interest in three mineral claims adjacent to the Fir claims. On February 26, 2007, Commerce also said that it had staked an additional 79 mineral claims adjacent to the east of the Blue River project. The property now measures approximately 25 kilometers east to west by about 20 kilometers north to south and encompasses about 500 square kilometers.
The company has outlined an indicated resource for the Upper Fir property totaling 8.60 million tonnes grading 208.9 grams per tonne Ta2O5 and 1,372 grams per tonne Nb2O5. The Upper Fir is also host to an inferred resource of 5.50 million tonnes grading 208.2. grams per tonne Ta2O5 and 1,349 grams per tonne Nb2O5.
This report will also be accessible on an ongoing basis to the investment community ---- scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts.
About Standard & Poor's Factual Stock Reports
This Standard & Poor’s service provides factual research coverage enabling information about Commerce Resources Corp. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 1,000 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.
Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account.
Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage.
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
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