That's an interesting way of operating.
No EIS or BFS, significantly smaller than GIP's deposits, won't be mining for years, no host minerals of value, won't be known for years if it's economic, competing for local labour with oil sands projects taking on people at $100,000 p.a. plus ... but someone reckons an offtake agreement is in the offing.
Does Commerce Resources (market cap. around C$100,000,000.00), have a credibility problem or have they invented a new wheel? At least they haven't claimed urani-com status like most of their peers have tried to do.
www.clearwatertimes.com/portals-code/list.cgi?paper=7&cat=23&id=1039206&more=0
Blue River tantalum mine to have strong local focus
By ROBERT MANGELSDORF
Aug 06 2007
"... the company has invested $2 million into the exploration project ... has seen it's stock rise from only 11 cents per share two years ago to more than $1.30 ... However, it will still be years before geologists will be able to determine whether or not a tantalum mine will be economically feasible"
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