Hallo,
aus aus stockhouse:
http://www.stockhouse.com/bullboards/...=14784503&t=0&all=0&TableID=0
The #1 most significant thing about Commerce Resources Blue River carbonatites is the fact that they ARE CARBONATITES. In the tantalum world it is unheard of to have grades at an average of 200 grams per ton in a carbonatite – there are no other deposits like CCE in the world, as far as anyone knows – and you can poll all the carbonatite experts, as CCE has.
With our carbonatite, the recovery rate is 83 – 97 %, (on average a very fair 90%) and so with the recovery rate and head grade, this makes CCE the richest tantalum deposit on balance on the planet.
Every other tantalum deposit is hosted in a pegmatite which have a recovery rate of typically 55% (The Sons of Gwalia for specific example).
The other factor that does complicate geological estimations is that there is only one jurisdiction on the planet that has a stringent piece of legislation called the NI 43-101, AND THAT IS HOME, THAT IS CANADA.
All of these other deposits are in other countries where there is no such legislation in place.
For example take a look at the TIC website – www.tanb.org and see what the niobium giant CBMM has to say about their deposit. They say that they have enough niobium for the next 500 years!!!!!!!!!!!!!
Do you actually think they have drilled this size of a resource out? ABSOLUTELY NOT – they can say these things because a) they are a private company and b) because nobody in Brazil cares what they say – THEY ARE MAKING MONEY SO WHO CARES WHAT PEOPLE BELIEVE ABOUT THEIR PRIVATE COMPANY!
And now in regards a very similar case in point – the world’s dominant tantalum supplier is the Sons of Gwalia (SOG). The SOG also happen to be the very same company who are currently behind $980M of gold hedge book debt. HOW DO YOU THINK THEY GOT INTO THAT KIND OF DEBT? THEY SOLD GOLD THAT THEY ENDED UP NOT HAVING IN THE GROUND!
The two brothers – the Lalors – who used to run the SOG, before they both left all of a sudden in February of 2004 – a full 6 months before the companies gold hedge book debt was found out – they are the very same guys who actually CREATED THE WHOLE GOLD HEDGE BOOK SCHEME!!!
AND NOW DO YOU BELIEVE ANYTHING THAT COMPANY HAS TO SAY????
CCE is on its way to becoming a major player in the very important tantalum and niobium sector. With Intel building a new chip plant in China, and demand for electronics going through the roof, the demand for tantalum will continue to grow. CCE, becoming the lowest cost producer, and based in Canada will have a significant advantage over all other suppliers.
THIS, folks, is the reason that funds are all over this, and will continue to buy. We are sitting on a potential 5-10 bagger from current levels.
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