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Bullboard - Stock Discussion Forum 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... see more

GREY:CPYCF - Post Discussion

Compliance Energy Corp > Hi everyone
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Post by MOshowme on Mar 28, 2013 10:49pm

Hi everyone

I am a long term CEC.V shareholder. I have seen it at 10 cents, then up to 60 cents, then back to 5 cents. I am holding on, because the company has good management, good backing, and although slowly is progressing. Looking forward to 2014, but would like to see the share price get back to 20 cents. Lets say everyone using this board buys 50,000 shares each or in 30 days when the application goes into 180 day review. This is a promising company that has unfairly been beaten down.  Are there a lot of environmentalists on this board?
Comment by mokita on Mar 29, 2013 11:20pm
Like CEC, Walter Energy promised over 300 jobs that will be lost when Willow Creek, which produces much higher quality coal than Raven, closes down. Why?  A  bust market, with no end in sight and high, rising production costs.  Like Teck coal mine  poisoning of Elk River, Walter Energy is charged with failing to mitigate a toxic ...more  
Comment by minor007 on Mar 31, 2013 2:00pm
The economics of the project change with the price of the commodity. It is quite likley this project will not get off the ground immediately even if approved. If the majority of the population dont want Mining change the laws so the investors don't get led down the garden path filling out thousands of pages of work that employ hundreds of lawyers digging through looking for holes to stop ...more  
Comment by 2guys on Apr 01, 2013 4:27pm
minor007, I agree with your post.   As for economics, I'm not sure how much the economics at Raven have changed, but if costs remain little changed, then whether it be Met or Thermal coal, the cost FOB port Alberni will be well below the current selling price of either commodity IMO.    mokita likes to rant about things that aren't directly related, but I would hope that the ...more  
Comment by mokita on Apr 01, 2013 5:43pm
Another Rant:  although claiming commitment to povide uptodate, accurate information, CEC repeats on its Feb. 2013 updated  raven web fact sheet that  economics for Raven are ROBUST and to use 2009 figures and projections.    To place faith in a return to high prices and demand by 2015 is  to ignore the 10 percent increase yearly in production costs ...more  
Comment by 2guys on Apr 02, 2013 5:28am
In 2012 some thought the world would end.......it didn't.   mokita, get over it.  Your doomsday predictions, which is all they are, aren't based on facts, but scare tactics.    Raven will be economical, and if you look at the costs per each commodity and their current selling prices, you'll see that Raven would be profitable even today.   Things have changed ...more  
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