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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 MOshowmeon Jun 30, 2013 10:51am
190 Views
Post# 21581986

RE:sink like a stone

RE:sink like a stoneBoccaman appreciate your comments. I wish I could have heard what was going on in the board room at that meeting. It is not like Tapics had a milliong things to do. Just one, manage the folks doing the application. Apparently he must of had, I assume, little involvement in the process whereever he worked for 20 something years. The guy striked me as a plant manager. My hope is Ellis can put the project back on track, that this is just a tic in LG's radar since they are a huge corporataion and don't mind or care about waiting this thing out. They could have this permit by mid 2014 which is a year and half late  and maybe Q3/12 was not realistic for getting the permit, so a year late is acceptable? There a lot of good news with this project when it gets going. Right now, most commodities are out of favor and penny stocks. People are making money off the regular stock market, so don't see the need to take this risk. So now Compliance is caught up in that. Heck, the stock was .60 when we were not even this close to a permit. I read articles also about coal going away as a fuel, but when? Japan still needs coal, its not like the world population is decreasing, its not like there are no more third world countries and everyone has money to start up green energy projects.So my point is we are being manipulated by more than some not too sharp Compliance leadership. But now I am stuck and will have to wait and not quit my day job. I guess this is what contrarian investing is all about, sit and wait. I think I and anyone else holding on to their investment will be waiting  for probably a year, maybe two to see a comeback, I don't know, just a guess. Bottom line getting the permit would I would also think bring back the folks who had a million shares, got tired of waiting and went onto something else while I sit like a fool with my head in the sand. yeah there are other penny stock companies that offer more promise, but the solid fundamentals that brought LG into this are still there such as job creation, a coal supply that has been mined before, a close harbor for shipping, customers in Asia, Coal market is extremely down, but that does not mean it can't come back, just may take two to three years? So, I have to hope the new manager can make a difference. I mean the whole application thing is a no brainer. The good people of Bristish Columbia want these good paying jobs, so Compliance just needs to do their job quit acting like idiots.
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