Compliance Energy Corp CPYCF

Energy Metals & Mining Industrial Metals & Minerals

Compliance Energy Corp Is a Canada-based exploration and development company. The company is engaged in the exploration and development of resource properties. The firm is an exploration and development company working on resource properties it has staked or acquired, principally on Vancouver Island. It has interest in Comox Joint Venture (CJV), which holds the Raven Underground Coal Mining Project (Raven Project).

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Compliance Energy Corp

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Comment by xtdon Dec 10, 2010 3:07pm

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Post# 17830931

RE: it's about cash

Boca I agree with you on the grade of coal and 44% recovery is a little scary.
But all things being said if they can come up with their share of the capital
cost and the tree huggers don't strangle them, they will have the lowest
fob cost of any producer in Western Canada and it could get lower yet if
they can find away to ship out of Comox. They do know coal as they had
the Basin mine at Princeton which they shut down primarily due to trucking
cost. Their partners have deep pockets and they may be able to fund it
similar to what they did at CUM.

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