Compliance Energy Corp CPYCF

No insider confidence in the Raven Project

[coalbad]

With the expiration of John Tapics 1,500,000 stock options at $0.11 per share on November 3rd, it looks like even the insiders have little confidence the Raven Project will be successful in getting the green light.

[chrisale]

I've been told the latest filing by Compliance showed they were officially in the red, having exhausted all of their working capital.  It'll be great to see this company evaporate.  One wonders though if their holdings are going to get bought out by some other company.... And whether that company would go through the motions yet again.  With coal prices where they are now

[WileyCoyote1]

If anyone was dumb enough to purchase this company, we still have 60 groups that would rise up on short notice to run this dog out of town.  The billion liter spill of toxic coal slurry in Hinton didn't help their case either.  And like you say coal prices are in the toilet so the mine is not a viable investment any way you look at it.  

[The_Shadow]

Looks like confidence is on the rise no doubt sensing that the timing of getting this mine into production in the next year or so would catch the next world wide coal cycle just now starting to gain traction. Fresh partners to replace the old ones would of course be the clincher once the BC permits are in place courtesy of the NDP bombing out in the last election. Money and jobs will always