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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).


GREY:CPYCF - Post by User

Compliance Energy Corp > :)
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Comment by chrisaleon Feb 07, 2013 6:53pm
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Post# 20955211

RE: :)

RE: :)

Someone correct me if I'm wrong.  But I believe Tek's met coal is mainly Hard Coking coal.   Not the semi-soft stuff Raven is eyeing.  There is a very significant difference in price.  

 

Platts had hard coking at $145 in December.

https://www.platts.com/newsfeature/2012/steeloutlook/2

And 

semi soft from Australia at $110.

https://www.platts.com/RSSFeedDetailedNews/RSSFeed/Coal/7305075

The feasibility study from Woods Mackenzie pegged Raven coal at a slight discount to Australia semi soft... So maybe $105 right now.

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