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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 25, 2013 12:41pm
128 Views
Post# 21038744

RE: TECK interpretation bleak economics/soft coal

RE: TECK interpretation bleak economics/soft coal

Just for the record mokita, are you an environmentalist hoping to stop Raven from moving forward, or just a manipulative trader trying to manipulate the share price?

 

You're giving mixed signals here, IMO.  I hate to burst your bubble, but whether things slow or move ahead at the current slow pace, it doesn't take away from the positive economics of the project whether Raven produces Met or Thermal coal.

 

You're entitled to your negative opinion, but Compliance isn't Teck, and any assets CEC has, them being Raven aren't being priced into the share price at all, unless you believe 60% of Raven is only worth $5 million, which is CEC's current market cap.

 

The risk to CEC shareholders at present is not mine economics as they should still be positive, but the risk is getting an environmental approval.  JMO

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