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Compliance Energy Corp CPYCF

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).


GREY:CPYCF - Post by User

Comment by 2guyson Jul 10, 2012 12:20pm
103 Views
Post# 20098352

RE: RE: Postive On CEC?

RE: RE: Postive On CEC?

Good to see you back bocaman.  It's been a while, but you seem to have chosen the most opportune time to talk negative about CEC, or most any stock for that matter.

 

Could you tell us how the numbers you wish to plug in, look when the mine is scheduled to be operating end of 2014, beginning of 2015?

 

They firm that prepared the Feasibility Study used an average saleable coal price for Raven (using both Met and Thermal coal price outlooks) which came out to Can$174 per tonne FOB Port Alberni, with total average mining costs of Can$76.50 per tonne FOB Port Alberni.

 

If you can show us exactly how the 2015 projected coal prices and beyond, may effect the economic viability of the Raven Project that Pincock, Allen, and Holt of Denver, Colorado, the qualified indepent mining consulting firm that prepared the Feasibility Study didn't take into account, it would be greatly appreciated.   

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