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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 2guyson Feb 16, 2013 4:36pm
133 Views
Post# 21000731

RE: RE: The Facts on Feasibility

RE: RE: The Facts on Feasibility

str8t, here's some helpful links to coal pricing for thermal coal.  Seems that demand for thermal has increased from last year as price for natural gas has increased.

 

Don't let the misleading tactics of the dark side convince anyone that Raven won't be profitable if it succeeds in getting their permits.  I honestly don't know why these guys are posting here unless they get their thrills in seeing people selling and losing money at these prices.  Still risk, but CEC is doing everything right, IMO.

 

https://www.reuters.com/article/2013/02/12/genscape-coal-idUSL1N0BC48L20130212

 

Coal-fired power generation rose in January vs 2012 -Genscape

 

NEW YORK Feb 12 (Reuters) - Coal-fired power generation rose 8.9 percent last month above January 2012 on higher electricity demand and gas prices and less power generated from nuclear and renewable sources, energy data provider Genscape said on Tuesday.

 

https://www.reuters.com/article/2013/02/04/coal-asia-idUSL4N0B439320130204

 Asia Coal-Australian coal prices climb on flood concerns

PERTH | Mon Feb 4, 2013 4:33am EST

PERTH Feb 4 (Reuters) - Australian thermal coal benchmark prices rose to around $95 a tonne last week for their biggest weekly gain in nearly two months as heavy rains in the country's east coast stoked supply worries after two major coal producers declared force majeure on their deliveries

 

https://www.bloomberg.com/news/2013-02-13/european-2014-coal-declines-most-in-two-weeks-as-ship-rates-rise.html

 

European 2014 Coal Declines Most in Two Weeks as Ship Rates Rise

 

European coal for 2014 declined the most in two weeks as shipping rates rose, implying increasing exports of the fuel from the U.S.

Thermal coal for delivery to Amsterdam, Rotterdam or Antwerp next year dropped as much as 90 cents to $99.50 a metric ton, according to broker data compiled by Bloomberg. That’s the biggest decline since Jan. 31. The contract traded at $99.60 a ton at 4 p.m. London time

 

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