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 > Business Insider Interview

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Comment by chrisaleon Oct 31, 2012 2:17am

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Post# 20542815

Business Insider Interview

Automatic Google News searches never fail to pay off. Bold/Underline added by me.

The Energy Report:: What about coal?

Sid Rajeev: Coal is another commodity we are bullish on. There is a company called Compliance Energy Corp. (CEC:TSX.V), which has five properties on Vancouver Island. It is focused on semi-soft metallurgical (met) coal. Coal comes in two types: met coal and thermal coal. Met coal has a higher value than thermal coal; prices of met coal have not dropped as much as thermal coal. Compliance Energy is now working on its environmental processing. The neighboring community has been extremely vocal against having a mine in the neighborhood, but we have not come across any major concerns. Progress is going to be slow and it is hard to predict an outcome, but we believe it is a good time for investors to get in if they want to speculate on a positive outcome on the environmental assessment. Right now, shares are at $0.09. Our last valuation in July was $0.85.