Commerce Resources Background
Commerce Resources Corp. (Commerce) is a mineral exploration and development company. The Company's primary focus is on tantalum, niobium and rare earth elements (REEs). During the fiscal year ended October 31, 2010, the Company was in the process of exploring three mineral projects located in Canada: the Blue River Tantalum-Niobium Project, and the Eldor and Carbo Rare Earth Projects. The Blue River Project is at an advanced-stage of exploration. As of October 31, 2010, the Company had a 100% interest in its Upper Fir, Verity, and Fir claims, located in the Blue River region of the Kamloops Mining District of British Columbia, Canada. The Eldor Property is located in the Labrador Trough area of northern Quebec. The Carbo Property is located approximately 80 kilometers northeast of Prince George, British Columbia.
Commerce Resources Corporation
1450-789 West Pender Street
Vancouver, BC V6C 1H2
U.S. Toll-Free # 1-866-484-2700
COMPANY WEB PAGE
FACTS ABOUT COMMERCE RESOURCES AND TANTALUM
Commerce Resources has an increasingly important 100% owned tantalum-niobium property at Blue River in British Columbia Canada.
The United States does not have a tantalum mining industry because U.S. resources are of low grade, and the United States must import all of its tantalum source materials for processing.
Tantalum has been classified as a "strategic metal" by the United States Government.
It is worth currently about $200 Canadian per pound. (About $170 U.S.)
Commerce, through drilling and extensive analysis, has defined a resource of more than 8 million pounds of Ta2 05. This resource value was developed using official 43-101 standards mandated by the Canadian Government for their resource mining companies.
Most of the World's tantalum goes into making capacitors for electronics... (for example, in cell phones).
The use of tantalum is preferred over other metals due to its reliable long life, low energy use, resistance to temperature fluctuations and high capacitance.
Tantalum is VITAL! It cannot be substituted by other metals for high function cell phones such as picture, video, colorscreen phones and Blackberry devices (small handheld e-mailers).
Given the growing usage and dependence of people on cell phones and computers, it is no wonder that TANTALUM is being called "THE HIGH TECH METAL" and also called "THE METAL OF THE FUTURE."
COMMERCE RESOURCES INC.FILINGS & PUBLIC DOCUMENTS with SEDAR
111,000,000 outstanding shares [O/S]
145,000,000 fully diluted shares
15% of the O/S is owned by insiders and management.
35% of the O/S is owned by institutions...primarily in Europe and Canada.
Float 50% of the O/S.
Commerce has $12 million dollars in the bank as of May 2009.
FOR COMMERCE NEWS RELEASES
INFORMATION LINKS FOR TANTALUM AND NIOBIUM
TANTALUM-NIOBIUM INTERNATIONAL STUDY CENTER
Element Tantalum - TA
Table of contents for tantalum
OTHER DUE DILIGENCE
Commerce Resources Corporation and Tantalum by Ed Hone, Mar 2, 2007
EMPOWERING HIGH TECH MATERIALS - H.C. Starck
COMMENTS FROM SHAREHOLDERS
"Fortuitously Commerce Resources enjoys these power and transportation advantages.
I just wish I had more funds to increase my position at the current price."
"Suppose it turns out, that the Blue River is one huge massive all-joined-together-everywhere deposit?
....if you look at a map of the Blue River Property, the Fir deposit, the Verity deposit and the Upper Fir deposit stretch across the northern part of the property. And the Bone Creek deposit is in the south central part."