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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 bestguesstooon Sep 02, 2012 9:57pm
148 Views
Post# 20310443

RE: RE: RE: RE: Circumstantial Evidence

RE: RE: RE: RE: Circumstantial Evidence

It's the nature of the processing plant that allows them to produce either Met coal or thermal coal for only a $2M difference in capital cost.  I understand, as they are business people, why this is an obvious low cost option. 

Although, as I have explained, I expect they will be producing Met coal, but nothing in life is for certain.

I don't want them to produce and just sell thermal coal either.  If my interpretation of what they are intending is correct then that is less likely.  If this project actually becomes a producing mine, time will tell. 

I believe that since we are such a resource rich country (Canada) that we have to find ways to sell our resources to maintain our comfortable lifestyle.  But, I also believe that it's possible to do so in a manner that is friendly to our environment.  Our regulations are very tough but maybe not tough enough.  I don't think its unreasonable to expect corporations to meet these tough requirements.  As time goes on, we will develop new technologies and they, hopefully, will make mining even less intrusive.

Just my opinion.

BGT

 

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