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Commerce Resources Hits Two-Month High After New Assay Expands Ashram REE Deposits

Commerce Resources Corp. (CCE.V) is now down 2 cents at 55 cents a share, giving back an earlier 10% rise that followed final assay results from its winter drill program at its Eldor property in northern Quebec, including a 344-meter interval that intersected 2.06% total rare-earth oxides (TREOs). Other samples yielded 1.99% TREOs over 243.5 meters and expanded the overall size of the Ashram mineralization by another 275 meters to the northeast.

Commerce shares reached 63 cents each earlier in the session, their best level since June 4.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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