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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 > A little faith ?
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Post by orrzee on May 21, 2013 8:45pm

A little faith ?

I know many on this board myself included have run out of patience with CEC.  I have lost about 5 grand so far but the way I look at it who cares.  We all knew what we were getting into with this company.  There is plenty of risk but plenty of upside as well or no one would have bought shares.  I was in the mining industry for almost 10 years so I understand the pitfalls of the business.  I still have hope the sun will eventually shine on this company and it's shareholders.  In the meantime lets all try to be patient (not so easy) and have faith in the process.  At the end of the day I am a believer in responsible mining no matter what so Complaince will either address the issues they need to or they won't.  I say they will, there is too much to lose now and they have come too far to just hang up the skates.  Hopefully like I have said before there will be a good balance between good paying jobs for the community, a safe and efficient mine, and happy shareholders.  If not anything else it has been a very interesting journey, not sure if I would take the same journey again but like anything there is no changing the past, it is only the future that matters.

Lets see what happens.......

 

All the best to the shareholders who keep hanging in there.  I would suspect most of us have lost so much we have no other choice LOL

 

OrrZee

Comment by jvand on May 21, 2013 11:45pm
Yeah pretty much true, but the problem is will existing shareholders invest more of their money into this company to keep it going?  Tough call.  They will have to draw new investors in to keep their financials afloat it seems like.
Comment by chrisale on May 22, 2013 1:53am
And my honest advice to anyone who would consider investing in CEC at this point or any time before their application is actually accepted and approved by the Minister: "It hasn't even made it to the final public process yet and it's already been rejected once.... the forces arrayed against this mine are formidable and growing.  There are hundreds of other penny stocks with far ...more  
Comment by 2guys on May 22, 2013 8:02am
jvand, if management isn't willing to invest in CEC at these prices, then how can they expect investors to?   I don't see where John Tapic bought T.CUM shares, but he did dispose of over 280k T.CUM shares in February so I would think that besides his over $200k per year salary here at CEC he has the cash to buy a few CEC shares under a dime.   No confidence from management is ...more  
Comment by turbo221 on May 22, 2013 11:25am
sorry tapics was a grant of shres but i see o'rourke bought some t.cum (chairman of cec)
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