Compliance Energy Corp CPYCF

CEC is Targetting Met Coal mokita...

[2guys]

Yes there is a move away from thermal coal, as there's a move from gas engines to electric motor.

 

When that happens and all thermal and gas powered engines are phased out, you can talk.

 

Things take time, and as per the Feasibility Study, if we have to keep going ther, Compliance will be producing 88% Met coal and 12% Thermal coal.

 

Keep looking for holes mokita, but the fact is that if/when CEC get an EA permit, the stock price should be valued accordingly.  Right now CEC is still trading near cash value.

[mokita]

2guys--what aren't you getting?  Is CEC paying your salary?  companies mining met coal are folding and laying off workers. Met coal prices are falling and demand down, w/ no end in sight.  

[jvand]

I'm sure this wouldn't be the first time the coal market has turned bearish.  Coking coal is being phased out slowly but surely in all developing countries, but MET coal will continue to have a reasonably consistant fluctuation corresponding to supply and demand.   

[mokita]

industry pundits are predicting a significant departure from the boom bust coal cycle that has bankrupted companies and tanked stocks.  Credible sources are not predicting a recovery.  additionally canadian coal will be competing with developing Asian countries that are developing their coal resources  and with lower costs for labor and transport how can you imagine a profitable

[turbo221]

THe hinton prject is purely thermal so the costs need to be lower to be economical, CEC is met so it can have a higher cost and still ave a better margin

[chrisale]

"THe hinton prject is purely thermal so the costs need to be lower to be economical, CEC is met so it can have a higher cost and still ave a better margin" *Barely* a better margin.  Raven SSC met coal is only commanding a price 20-25% greater than run-of-the-mill thermal.

[2guys]

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

[mokita]

A significant disconnect is the claim 88% is met coal.  This figure is misleading as less than 40% of excated product will qualify as met grade, but ONLY AFTER being mixed with high grade coal.  The 60% rejects will stay on the site to leach toxins into watersources like every other mine on Vancouver island.   The SEC has clear rules about knowingly misleading investors, but I guess