had a couple of emails wandering what i meant by geopolitical importance on my last post so I will try to clarify it for the people that asked.
Why is cce going to succeed?
They have most certainly proven up the tonnage they need for a mine,
when they release the assay results this will show this, and not to forget they will keep proving up more tonnage next year as well.
They know in my opinion that the results from sgs lakefeild on recovery rates will be stellar however sgs has been dropping the ball in getting the work done. I would beleive they have some prelim results now, and thats just a guess.
The infrastucture they need to put in place for a mine is next to nothing could not have picked a better location.
When the tonnage gets proven will have 10-15 billion in the ground.
When taking a look at the major supplier now i have heard that the
main ore body has already been mined and that the tantalum grading is
getting less and less maybe 5-10 years if that. With the lower recovery rates thier margins are getting thinner and thinner to the point exchange fluctuations and unexpected costs could put them into a
loss position. Few other producers in africa some legal most not are
producing but not near enough to meet any demand if greenbush mine goes down.
Now with that brief background the geopolitical stuff comes into play.
You have the russian, american and chineese remanners of the concentrate, all need legal supplies from legitimate sources. The players in the tantalum industry are desperately looking for new suppliers and according from what went on at the tic in brazil, the only new source of any significants will be commerce.
The russians are really interested in the project, and from what i heard they are desperately trying to get a seat at the cce table.
The chineese want to get in the action but really dont know how yet, and the western producers are being very coy not trying to show i guess their hand at the moment.
The russians and the chineese need a good legit supply of tantalum, for their electronics industry to try and break into the western market with their products, remember the tantalum has to be traced back to a legit source. Russia and china probably have been getting some of their needs illegaly. Rumor also has it that the russian gov is looking for 75 million lbs for a stockpile. The US to my knowledge has very little in its inventory, and they do consider tantalum and niobium a strategic metals. They use it in many uses niobium for armored vehicles and tantalum in weapons, areospace, guidance systems
etc.
It could only be a question of when one of these groups will make a play for commerce to get at the table, by that i mean buying in a block from the market, as i have been told anyone that wants a seat at the table has to buy stock in the market place, how much i dont know 15% or more would be my guess. With some tensions between all three countries it will be intersting to see who jumps in first, they all need the material and they know to some degree, that are no other developments with any significant volumes. If the the chineese or russians jump in first, you will see the americans jump in quickly
dont forget who owns staark the Carlyle group headed by a bunch of retired senior politicians from the US. Future demand Tantalum is just going to get stronger with china russia india and more third world countries try to modernize, along with the adevent of nano tech. Both the canadian and us govs are going to, or maybe do realize how important it is to have a source of this material on this continent.
That is why cce might become one of the most significant mines on the continent. I might be right or maybe wrong i will stick with cce i think it has a great future, and if it did not there would be alot of pump and dump by now. I also think you will have more then 1 mine on the property my guess 6-8 of them carbonatites are funny things you know. prev message reply post next message see all posts Overall Quality 2+ Overall Quality 3+ Overall Quality 4+ Overall Quality 5 threaded view
add to favorites CCE PRESS RELEASES
Commerce Resources Corp. Announces 17 Drill Holes on Upper Fir Extend Strike to Over 1 KilometerStandard & Poor's Releases an Updated Factual Stock Report on Commerce Resources Corp.Commerce Resources Corp. Discovers New Carbonatites at Blue River Tantalum-Niobium ProjectStandard & Poor's Initiates Factual Stock Report Coverage on Commerce Resources CorporatiCommerce Resources Corp. 2007 Drill Program Increases Size of Upper Fir Carbonatite at Blue RiverBLOG POSTS RELATED TO CCE
A BIG TECH RALLY IS COMING RIM blew out the nubers. APPL keeps moving higher, VMware is the hottes...ANOTHER RETEST OYL.U is ready to retest the $2.50 level, and should do the retest next week....MICROSOFT SAVING FACE book Apparantly MSFT wants a 5% stake in Facebook for $300 million...Explosion of Cellular Use Drives Commerce Resource Commerce Resources (TSX.V:CCE) is developing wh...DOW FUTURES UP BIG!!!!! On news that Bernanke will speak today and that Bush anounce help for the ...
YAHOO ADS
Stocks And Options - Avoid These 10 Mistakes And Watch Your Profits Blast Through The Roof. -
www.stockbreakthroughs.comInvestments - Searching for investment banks? Find instant results now. -
www.Instant-Results.netOffshore Banking and Bank Accounts - Offshore personal and corporate bank accounts in all offshore centers. -
www.myoffshoreaccounts.comCanadian Dividend Stock Data - Web's Top Canadian Dividend Stock Data at "Canada's Dividend Source™". -
www.DividendInvestors.caFREE REPORTS
3 Penny Stocks Poised to Soar 300% - Agora Financial
New NAG Resource Estimates Out! - North American Gem Inc.
Play For Free - $25,000 Wall Street Survivor Stock Market Game - Wall Street Survivor
3 Penny Stocks Poised to Soar 300% - Agora Financial
Company Showcase
View Sectors
All Sectors Automotive Biotech Medical Computers Telecoms Consumer Goods Energy Entertainment Gaming Finance/Real Estate Food/Beverage Internet Manufacturing Natural Resources Pharmaceutical Services Technology Transportation
Today's Feature View Now
HAWTHORNE GOLD CORP
Developing the Frasergold Deposit in the Historic Cariboo Gold District Hawthorne Gold Corp. is a Canadian-based gold exploration and development company with key properties located in British Columbia, Canada. Hawthorne Gold is led by respected mining leaders Richard Barclay and Michael Beley. Now together with mining veteran Michael Redfearn, and a strong board of Directors from across the mining industry, the goal is to become another successful gold company through focused explorati...
read more
Text zur Anzeige gekürzt. Gesamten Beitrag anzeigen »