Compliance Energy Corp CPYCF

Energy Metals & Mining Industrial Metals & Minerals

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).

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Compliance Energy Corp > Postive On CEC? Seriously?

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Comment by bestguesstooon Jul 11, 2012 3:11am

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Post# 20100936

RE: RE: Postive On CEC? Seriously?

Interesting, that the price you are quoting, the Wood Mackenzie forecast, is showing a decrease and then very slow rise in coal price until 2035. That seems contrdictory in light of the increase in consumption projected by the US Energy Information Administration forecast. see https://205.254.135.7/forecasts/ieo/coal.cfm

Also, look at the chart below. My crystal ball is probably not anywhere as clear as theirs but basic economics tells me the price should rise with increasing demand unless the supply rises at the same rate. If the supply is to increase that means more coal mining doesn't it? What am I missing here?

Figure 65. World coal consumption by region, 1980-2035