In light of Trudeau and Trump shaking hands as the U.S. seeks Canada‘s aid to break China‘s dominance on rare earths and other critically deemed commodities, Commerce Resources Corp. has started to shine* bright like a diamond. On the other side of the fence, the overlooked diamond in the rough is clearly Saville Resources Inc. as today‘s news shows in a brilliant fashion. (*Actually, diamonds don‘t “shine“ by themselves, but reflect, refract and disperse light in a glorious display.)
The share price of Commerce Resources Corp. has more than doubled from its low in the last 2 months amid rare earth elements (REE) making headlines globally. However, the share price of its joint venture partner for an adjacent property, Saville Resources Inc., has remained flat, yet deserves a fresh look as the company is making significant progress ahead of its plans for an aggressive exploration program.
Commerce Resources is engaged in the business of acquiring, exploring, developing and evaluating mineral resource properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. Co. is in the exploration stage and has interests in properties located in British Columbia and Quebec, Canada. The recoverability of amounts shown for resource properties is dependent upon the discovery of economically recoverable reserves, continuation of Co.'s interest in the underlying mineral claims, the ability of Co. to obtain financing to complete their development, and future profitable production or disposition thereof.
Rockstone is a research house specialized in the analysis and valuation of capital markets and publicly listed companies. The focus is set on exploration, development and production of resource deposits as well as marcoeconomic analysis of commodity and currency markets. Our international team of five analysts bring our German and English speaking readership a wealth of experience from the commodity markets: Stephan Bogner (mining analyst), John P. Barry (professional geologist), Chris Berry (macroeconomist), Prof. Dr. Hans Bocker (award-winning book author), and Boris Gerjovic (fundamental analyst).
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