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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 mokitaon Feb 26, 2013 12:00pm
98 Views
Post# 21043232

selective opinions/change can go either way

selective opinions/change can go either way

change can go either way and many credible analysists project coal will not recover, or not likely til after 2015. By that time crippling increases in production costs, financing charges, security bonds for cleaning up AMD, diesel fuel and transportation costs and competition from countries jumping on the coal bandwagon--Australia, Indonesia, Mongolia, the US, and 8 new coal mines in BC  spell continuing surplus and low prices. 

  

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