(http://www.midasletter.com/index.php/prophecy-coal-founder-and-director-greg-hall-discusses-chandgana-power-plant-on-midas-letter-money/)About Prophecy Coal Corp.
Prophecy Coal Corp. is a Canadian listed company engaged in developing energy projects in Mongolia. The Company has approximately 1.4 billion tonnes(i) of near surface thermal coal resources on two coal properties in Mongolia. Prophecy Coal's Chandgana 600 MW mine mouth power plant, for which technical studies are underway, has been permitted. The Company's Ulaan Ovoo coal mine is now in production. Prophecy Coal is the controlling shareholder of Prophecy Platinum Corp. (TSX-V: NKL.V (http://finance.yahoo.com/q's=nkl.v) - News (http://finance.yahoo.com/q/h's=nkl.v)). Mineral resources that are not mineral reserves do not have demonstrated economic viability. Further information on Prophecy Coal can be found at www.prophecycoal.com (http://www.prophecycoal.com/).
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Source: Midas Letter Portfolio Advisors AG via Thomson Reuters ONE
