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commerce resources uneconomic

  1. 54 Posts.

    http://tantaluminvestingnews.com/2010/03/18/conflict-free-canadian-tantalum-companies/

    In the above Commerce Resources appears to have downgraded its resources in which case I strongly suspect that they are almost certainly uneconomic. Maybe the recent failure to meet the Canadian 43-101 resource standards is taking effect????

    ++++++++++++++++++++++++
    Commerce has outlined an indicated resource for the Upper Fir totaling 11.30 million tonnes grading 198 grams per tonne Ta2O5 and an inferred resource of 26.20 million tonnes grading 194 grams per tonne Ta2O5. The Fir deposit hosts an indicated resource of 5.65 million tonnes grading 203.1 grams per tonne Ta2O5.
 
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