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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 chrisaleon Aug 08, 2012 6:48pm
116 Views
Post# 20196252

RE: RE: RE: 88% Met Coal 12% Thermal...

RE: RE: RE: 88% Met Coal 12% Thermal...

LOL um, isn't that what I've posted 4 times now? (that's rhetorical by the way, no need to answer)

 

 

I insist it's being designed for both because that's what the news release says!  Duh! 

 

So all your bleeting about them only ever doing 88/12 met is actually the lie, not what I've been quoting from the raven release. 

The release clearly states they are leaving their options open.  I don't pretend to know the exact circumstances that would have to happen in order them to switch their process plant to produce only high quality thermal coal but they wouldn't identified so clearly as an alternative to their normal 88/12 production if they did not think it was likely to happen.

And by the way, your thing about 'met coal can be used for thermal but not the other way around' is a gross oversimplification.  What is actually happening is the process plant is specifically set up to produce semi soft and thermal middlings... 2 very different products with their own specifications AND it is being designed to be switched to produce ONLY high quality thermal coal (100%) which is a 3rd product with its own specifications.

Those are the facts from the report you quoted.

 

 

 

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