Tim Worstall

It is all obvious or trivial except…

 

 

Commerce Resources Corp

November 8th, 2007 · No Comments

Just a quick note for any thinking about investing in a company called Commerce Resources Corp.

In the company’s press release here they seem to have  made a small error.

Rare earth oxides, which are processed into powdered form, may range in price from US$3.00 per kg, for cerium oxide to US$15,000 per kg for scandium oxide.

That’s an at least ten times over estimation of the price of scandium oxide. For bulk uses (ie, anything over about 100 kg a year) perhaps 30 times.

Not wildly important, I know, but perhaps Mr. Google will help bring this to the attention of anyone searching for information on the company.

 

Tags: Metals

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