Compliance Energy Corp CPYCF

RE:Itochu is staying!

[bocaman]

Compliance has a unique way of portraying reality.

Spin: Ellis says, "We're still compiling our resubmission."
Reality: All they are doing is rearranging and organizing the material. They haven't had any money for a year to do any more studies or reports or add any new content to the application.

Spin: Ellis says, "It's gone slower than we thought."
Reality: This company takes months or even years more to do anything that more credible companies do in a few months. This is what you should expect from them if they get permission to build the mine, if a response to a disaster is ever required.

Spin: Itochu is not leaving the Comox Joint Venture. Ellis: "It's just not an easy thing to do."
Reality: If it were easy, Itochu would already be gone. The hang up is that the remaining partners, Compliance and LG, have to buy out the shares of a departing partner, and LG isn't interested in doing that, and Compliance is broke.