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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 Sep 27, 2012 9:23am
149 Views
Post# 20419648

RE: RE: RE: RE: Met Coal demand and prices down--i

RE: RE: RE: RE: Met Coal demand and prices down--i

I think what it boils down to is, Met or Coking coal is the preferred market to be in. 

 

Not to say that there isn't or won't be demand for Thermal coal in the years to come, but Met coal has always demanded higher pricing, as it is less abundant and available than Thermal.

 

Still a long ways off until Thermal goes the way of the wooden wagon, but eventually demand will fall.  But transition will take time.  Not months or quarter, but many years.

 

This is not the time to stray from CEC's current stage of permit application.  Coal pricing has no effect on Compliance yet. 

 

Current share price is giving a minimal value to CEC's properties, but if/when the EA permit is approved, it should be a very different story, IMO.  atb

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