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Gold/Mining/Energy : Commander Resources Ltd -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (37)9/20/2003 10:07:20 PM
From: Letmebe Frank  Read Replies (1) | Respond to of 169
 
kidl, I took a quick look. CMD has 17,750,000 shares out, trades at .5 -> Market cap of 9 mill, lets say.

THe stock seems to have risen in late August because of its Baffin NR: commanderresources.com
Is this the explaination for the effective doubling is share price then?

Or was there prior knowledge of the "FALCONBRIDGE LIMITED TO DRILL SARAH LAKE NICKEL PROPERTY" NR: commanderresources.com

I'm trying to understand the possible potential of these projects. In the NR it said: "The objective of the nickel programs which have been ongoing for several years in the South Voisey Bay area is to discover a nickel sulphide ore body similar to Inco’s Voisey Bay deposit, i.e. 128,000,000 tonnes of 1.7% nickel and 0.87% copper."

How likely a scenario is this for CMD? Any idea when drill results will be out?

LMBF