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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

Post by mokitaon Jan 25, 2013 11:05pm
216 Views
Post# 20893321

Peabody market cap 6.3B and losing money

Peabody market cap 6.3B and losing money

2guys, check out your FACTS.  Peabody has a $6.3 billion market cap and is losing money big time which is bad news for investors--prognosis is coal exports will continue to tank and Peabody stock will continue to drop. Read research on the vulnerability of Jr miners like CEC that are most at risk in todays bearish market.

Given the 10% production increase each year, CEC has demonstrated it has big holes in its deep pockets and the missing costs in Feasibility study--compensation to First Nations expected to be in milllions, security bond for contamination that is a given, as with Quinsam that is contaminating Long Lake and now Quinsam Lake and was ordered to pay a $7 million security bond, taxes, and increases in diesel fuel costs etc., CEC finances don't look good especially when you add the 10% a year increase in production costs operating mines are claiming.  .  

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