Compliance Energy (CEC.H.V)

Long term target is based on the hope for power plant construction in the Tulameen Basin. When that comes on stream, probably early '08, that could add $0.17 to cash flow. 50% partner with Northland Power which is a great plus interms of winning some contracts. Could see $0.20/0.25 in cash flow in a year or two from production. Speculative.

Recently doubled his position at $0.79. Weakness is from an overall weakness in junior coals as well as an underwriting at $0.75 several months ago which were selling off now.

A junior coal play in B.C. May also become a junior power producer as well. Just signed a deal with Northland Power (NPI.UN-T) to do a joint venture on a coal deposit in Princeton B.C. and will be submitting a bid to B.C. Hydro to supply up to 45 megawatts of power. A long term hold. Lots of risks.

Basically a steam and metalurgical coal producer. Looking for a reasonable cash flow from the steam coal on hoped for production of 1 million tons by the end of 2006. Speculative.

They own a steam coal deposit in B.C. and will soon be doing some testing on trenching on metalurgical coal on Vancouver Island. Looking to sell power produced from coal and ship wastes. Speculative.

Going into production this month on a major coal play in south eastern B.C. which has great prospects for expanded production up to 1 million tons a year. Subject to the B.C. election on May 17th will probably build a power plant which will be sold to B.C. Just got permission to explore for metalurgical coal. Can see a substantial cash flow in 2/3 years.

Has coal deposits in British Columbia with potential for methane gas. Also looking to build a power plant. Have steam/met coal deposits on Vancouver Island. Should see a good cash flow in 2/3 years. Speculative.