Stockhouse Movers & Shakers: Junior takes on coal mine skeptics

Compliance Energy Corp. (TSX: V.CEC, Stock Forum) wants to develop a coal mine in the Comox Valley, a scenic region of Vancouver Island that is known for its hiking trails, sandy beaches and wildlife. The company is going ahead despite obvious investor skepticism, and concerns that the Raven Coal project will suffer a similar fate to some of the other B.C. mining projects which have been stopped in their tracks in recent years. “The fact that Compliance was trading at 37.5 cents on Thursday tells you that investors are assigning no value to the coal project,” said one Canadian analyst who preferred to remain anonymous.

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