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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 > justification for RAven is claim of robust economi
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Post by mokita on Feb 09, 2013 1:10pm

justification for RAven is claim of robust economi

2guys, read CEC Technical report and government submissions.  The central claim given for coal mine development in the Comox Valley is economic.  CEC continues to state unequivocally on its Jan 2013 webpage that the economics for Raven are "ROBUST."  The report cited uses outdated information.  Some would argue this misinformation places CEC in a position of intentionally deceiving investors, especially given the highly speculative nature of any prediction that coal prices etc. will increase once, hypothetically, Raven goes into operation.  Also, missing from feasibility study are the millions needed for financing such a project.

buyer beware.

Comment by supra48 on Feb 09, 2013 7:31pm
 You could say that for any stock on the venture exchange, could you not !!!
Comment by 2guys on Feb 09, 2013 9:34pm
The information is all there in black and white mokita.   You're just lying and being deceptive in order to continue your agenda of misinformation here and wherever else you feel like wasting your precious time. 
Comment by mokita on Feb 10, 2013 12:25am
  Wood Mckenzie, who did the financial analysis for Raven economics bases  projections of robust economics on outdated  2010 prices and projections.  CEC feasibility study uses $174 a tonne average price (Met andThermal) to claim feasibility wheras today's average price is $105 a tonne.  Yet in its Jan. 2013 website update,  CEC  continues to state ROBUST ...more  
Comment by chrisale on Feb 10, 2013 12:58pm
Speaking of First Nations, apparently there was a community meeting on the Tseshaht reserve in Port Alberni about the Raven mine this past week including a visit from Mr. Tapics.
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