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Bullboard - Stock Discussion Forum 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... see more

GREY:CPYCF - Post Discussion

Compliance Energy Corp > Peabody market cap 6.3B and losing money
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Post by mokita on Jan 25, 2013 11:05pm

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.  .

Comment by jvand on Jan 26, 2013 2:13pm
Additional info from International Energy Association. https://www.iea.org/aboutus/faqs/coal/
Comment by jvand on Jan 26, 2013 2:17pm
This should work.https://www.iea.org/aboutus/faqs/coal/
Comment by thebaker on Jan 30, 2013 9:30am
mokita, you really should make up your mind. In your first post you say that Peabody's profit's are down. Then you say they are losing money. Which is it. There is a difference. Since it is their report that says profits are down, I expect this is the case, but that didn't sensationalize your post, so you changed the facts to suit yourself. The fact that coal exports and ...more  
Comment by mokita on Feb 01, 2013 12:02pm
instead of splitting hairs, suggest you look at Peabody financial statements, and competing coal mines to determine just how likely it is that CEC will be feasible.
Comment by 2guys on Feb 04, 2013 4:03pm
mokita, what coal price does CEC need in order to be feasible, and while you're at it, what is the insitu value of Raven's coal deposit, if CEC gets the necessary permits?   If you know the answers to the above, then I would say you know what you're talking about.   I'll give you a hint.  If CEC doesn't get the necessary permits, then the insitu value is zero ...more  
Comment by c0lmustard on Feb 04, 2013 8:20pm
Mokita, The difference between shrinking profits and actually losing money is not "splitting hairs".  Far from it.
Comment by mokita on Feb 05, 2013 1:01am
source: www.mineweb.com ENERGY Peabody Energy reveals 2012 losses; more losses anticipated in 1Q13 Despite US$1 billion in 4Q losses, Peabody Energy executives insist they see “signs that the coal markets are recovering, though this improvement comes off a lower base.” Author: Dorothy Kosich Posted: Wednesday , 30 Jan 2013 RENO (MINEWEB) - Not only did ...more  
Comment by mokita on Feb 05, 2013 1:17am
Raven feasibility report claims economics for coal is "robust,"  a claim made in 2009.  No evidence for "robust" but plenty for "bust" --coal mine stocks down up to 60%, coal miner layoffs, shutdowns and slowdown of production; plunging coal prices; more competition from third world countires developing coal resources etc. Analysists state Junior miners are ...more  
Comment by 2guys on Feb 05, 2013 7:38am
So mokita, you don't know Raven's insitu value, and you don't know what coal price Raven needs to be profitable, so you decide to spin a negative angle in order to deflect from the fact that you really don't know what you're talking about when it comes to relevant information for this "particular" project.   By chance, are you a politician?  lol
Comment by mokita on Feb 05, 2013 12:48pm
2guys, Read the feasibility study--met coal price needs to be  $174 mt to be profitable, but CEC avoids giving a price for thermal coal to be profitable, yet is designing Raven for both met and thermal.  other serious gaps in Raven feasibility study is no budget line for the high finance charges that is tanking Cline Coal currently, and most significantly, no budget line for mitigations ...more  
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