Compliance Energy Corp CPYCF

sink like a stone

[bocaman]

"You better start swimmin', or you'll sink like a stone" - that advice wasn't for shareholders of deadbeat companies like Compliance ... well, in a metaphorical way, it was, I suppose.

Whatever, we're seeing some serious swimming happen around the SS Compliance Energy this morning. Imagine that - nearly a quarter million shares as I type and shares only three cents!

Defer took a dive, Tapics walked the plank, and now it's Captain Ellis, sort of, since he was not named CEO.

Ellis was still new to his new job as production manager at the Pike River Mine the day 29 miners died in an explosion underground. Pike River's senior management have all jumped ship. Compliance's management were pushed, but again, Ellis - last seen testifying in hearings about the mine tragedy - has only arrived.

Isn't that going swimmingly?

[2guys]

I would think that insiders are taking advantage today and scooping up these undervalued shares of Compliance. This has been quite the ship wreck hasn't it.  Prophecy Coal was the smart one, selling out when they did.  Should've seen the writing on the wall back then.  The only thing I can see happening is them abandoning Raven and promoting some new venture as they still

[chrisale]

Wow.  Coming from you 2guys, that is quite a scathing remark.  An incredible change in a just a few years.  I can't say I would have ever expected it.  It speaks volumes to the seriousness of Compliance's predicament.

[2guys]

chris, I've always been honest in my posts.  Always relayed any relevant information I was able to get directly from the company and/or its IR contact. I even went to see John Tapics at their booth over a year ago when they were in Toronto. IMO, I always believed they were a serious bunch especially seeing they were instrumental in bringing the Copper Mountain mine into production. I

[bocaman]

Very gracious comments, 2guys, with a generous gift at the end. All the best with your next ventures.

[chrisale]

Well good on you 2guys.   I hope you are much more successful in your future investements.  And I also hope they never again involve a coal mine, because I think it is clear they will all come with serious baggage just like Raven.  It's a commodity that is losing its acceptance in society. Good Luck, Chris

[MOshowme]

Boccaman 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

[MOshowme]

What I don't understand where was the contingency planning? they knew the risk of delay and they should of had a plan for dealing with it at 6,  12 and 18 months beyond the original date, I think 4th quarter 2012. at each late point they could have figured out what they needed to get by and at what point they had to sell Copper Mtn. Delays should never be a surprise. Also, where was the

[bocaman]

Hi, MOshowme. Your comments about how to file an EA application are interesting, and you might be even more disheartened at how much Tapics and his cronies failed shareholder by knowing this: an application for an environmental assessment must follow the format specified in the "Application Information Requirements" or AIR the BC Environmental Assessment Office (EAO) provides

[bocaman]

Hey - see that sentence in my previous post that says, "The ***** shares were milked..."  I had typed the trading symbol for Copper Mtn. Mining but I guess the bullboard editor has a dirty mind. Funny.

[MOshowme]

What I don't understand where was the contingency planning? they knew the risk of delay and they should of had a plan for dealing with it at 6,  12 and 18 months beyond the original date, I think 4th quarter 2012. at each late point they could have figured out what they needed to get by and at what point they had to sell Copper Mtn. Delays should never be a surprise. Also, where was the