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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 2guyson Mar 26, 2013 3:17pm
114 Views
Post# 21170317

RE: RE: low

RE: RE: low

turbo, IMO the market is waiting for the EAO to accept the application.  EAO acceptance would give it much needed credibility and hopefully a boost in share price, but then I believe it should flat line until a final decision later this Fall. 

 

I think the wait will be worth it.  Too bad it took this long to get it filed, but that's only because this may well become a precedent case of how the EA process will be in the future.  Surely I hope CEC isn't being singled out, and that all projects will have the same process as this one here.

 

Unfortunately, I'm not sure what good will come of this as it will only have a stalling effect on progress of other miners. 

 

IMO, a compromise needs to be reached where reasonable input is accepted and anything deemed as a stall tactic or unnecessary, should be set aside unless the opposition is willing to put up a bond where, if the findings are within EAO guidelines, then the related costs are paid by those opposing the project, and if not, then they are paid by the proponent.

 

It's so easy to ask for something, but maybe if a cost is placed on it, then it had better be necessary, otherwise the costs are bared by those that want it done.  Just sounds fair.

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