MISSISSAUGA, Ontario, May 9, 2006 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, provides an update on a previously spotlighted company Commerce Resources Corp. (TSX-V:CCE).
Commerce Resources Corp. is an exploration and development company focused on its Blue River Tantalum/Niobium Project in eastern British Columbia. Following the completion of a financing with an institutional investment fund, the company is now initiating a pre-feasibility study and large-scale bulk sample on the project.
Tantalum and niobium are not traded in an auction-style commodities market. Instead, prices are negotiated on a per-contract basis between suppliers and processors or end users. For a growing number of industrial/manufacturing companies that particularly rely upon tantalum, buying this 'rare earth' metal typically involves signing long-term supply contracts at fixed prices. Again, Commerce's ability to honour such long-term contracts (in the eventuality of a mine becoming a reality) would make the company appealing to processors or end users.
CCE's stock price has risen approximately 100% in value since AllPennyStocks.com's previous write-up on the company.
The complete updated CCE profile can be viewed at: http://www.allpennystocks.com/apsc/can/stock_profiles/cce.htm
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AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a weekly market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Commerce Resources Corp. (TSX-V:CCE). The amount is two thousand five hundred dollars by a non-affliated third-party, BayStreet.ca Media Corp. in February 2006 and six thousand dollars from the company in May 2006 for its efforts in presenting the CCE profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/apsc/can/stock_profiles/cce.htm.