hier kann man """kohle"""machen

ist für PC der Verkauf der UO-Kohle. Natürlich geht das nicht im ICE-Tempo, das braucht Zeit. Der Zeit-Rahmen dafür wird nicht nach Jahren verlangen, so wie es das KKW tut, auch mit Genehmigung wird das KKW noch dauern. Der Kohleverkauf bringt den ersten cash flow, das ist für jedes Unternehmen ein Meilenstein. Für PC darf man das nicht unterschätzen, wenn für die nächsten Jahre bis 2015, aus den Kohleverkäufen nach Buratyen und Seaside positive Margen für Gewinne sorgen. Damit wird man das KKW nicht bezahlen können, aber sicher einen Teil davon, wenn er auch nicht groß sein wird. Ausserdem sorgen diese Einnahmen für Schutz vor weiterer Verwässerung. Man sollte das nicht kleinreden, für die Werthaltigkeit der PC-shares ein wichtiger Schritt!
Gruß  

Wow..heilige mongolei....kurs Explosion..jetzt hoffe das das bleibt und nicht abkackt

 

Warum gab es nur in Berlin so eine kursexplosion?????  versteh ich nicht

 

wovon redest du eigentlich? Vielleicht im falschen Thread gelandet?  

Gegen 9.30uhr war in berlin der kurs von Prophecy Coal auf 0,83cent gestiegen, das stand auch in meinem Depo so da und auf der Finanzen.net seite. Frage ist warum es so war?? Auf anderen seiten stand es auch da. In einem anderem forum haben es auch paar leute mitbekommen.^^. ist aber egal weil es nicht stimmte.schönen tag noch

 

zustande kommt, würd mich auch mal interessieren ....

in Berlin über den Tag wird 0,45 angezeigt. Ist wohl irgendwo ein Fehler aufgetaucht.
Wäre ja schön gewesen  

bitte mal hier lesen.

demnach sollen einige minenverträge evtl  überdacht bzw. überarbeitet werden.
von pcy war allerdings bisher noch nicht die rede.

http://www.bloomberg.com/news/2011-09-21/...roject-agreements-1-.html

und
p.s.:  die berliner kurse stellen keinen Maßstab. Berlin hat mit ausländischen Aktien genausoviel zu tun wie die unbefleckte Empfängnis mit dem Kinder kriegen.

gruß  

Oyu Tolgoi und tavan Tolgoi sind strategische Lagerstätten der Mongolei. Da gelten andere staatliche Beteiligungsregeln als bei den PCY-Feldern. Die gehören nicht dazu.

Beim KKW muss man allerdings abwarten, welche Auflagen die ERA erteilen wird bezgl. der Strompreise für mongolische Abnehmer.

Die 20 Abgeordneten machen mir keine Sorge. Ein Teil der Abgeordneten hat immer schon erheblich höhere Beteiligungen des mongolischen Staates an den Minen gefordert. Das Thema könnte natürlich vor den nächsten Parlamentswahlen wieder hochköcheln.

Ansonsten macht mir die Gesamtlage auf den Märkten viel mehr Sorge als die mongolischen Besonderheiten. Hoffentlich braut sich da nix zusammen.  

Prophecy Drills 120.9 Meters Grading 1.26 g/t PGM+Au, 0.36% Ni, 0.30% Cu within 457 Meters Grading 0.47% NiEq at Yukon Wellgreen Project



VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/26/11 -- Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) announces the drill results received from its 2011 drilling Wellgreen PGE-Ni-Cu Project. Borehole WS11-188 encountered 457 meters of mineralization grading 0.47% NiEq (including 0.72 g/t Pt+Pd+Au) from surface to the footwall contact. Within this larger swath of mineralization, the hole encountered a high grade section of 17.8 meters of 3.14 g/t Pt+Pd+Au, 1.03% Ni, 0.74% Cu (1.77% NiEq).

The hole was drilled completely outside of current resource boundaries, between the East Zone resource and the West Zone resource that was reported in the company's July 14, 2011 press release. The drill results are tabulated below:
Table 1. WS11-188 Drill hole Composites (in metres)
--------------------------------------------------
From       To   Length (m)   Ni %   Cu %   Pt+Pd+Au   NiEq  From surface (m)
--------------------------------------------------
7.53   464.91      457.38    0.29   0.18       0.72   0.47             7.07
--------------------------------------------------

including...
--------------------------------------------------
From        To  Length (m)   Ni %   Cu %   Pt+Pd+Au   NiEq  From surface (m)
--------------------------------------------------
268.38  389.29     120.91    0.36   0.30       1.26   0.67           252.19
--------------------------------------------------


--------------------------------------------------
From        To  Length (m)   Ni %   Cu %   Pt+Pd+Au   NiEq  From surface (m)
--------------------------------------------------
280.72  298.55      17.83    1.03   0.75       3.14   1.77           263.79
--------------------------------------------------


Table 2. PGM+AU Composites from WS11-188
--------------------------------------------------
From       To   Length   Pt g/t  Pd g/t  Au g/t   Pt+Pd+Au  From surface (m)
--------------------------------------------------
7.53   464.91   457.38     0.34    0.33    0.05       0.72             7.07
--------------------------------------------------

including...
--------------------------------------------------
From        To   Length  Pt g/t  Pd g/t  Au g/t   Pt+Pd+Au  From surface (m)
--------------------------------------------------
268.38  389.29   120.91    0.63    0.54    0.08       1.26           252.19
--------------------------------------------------

--------------------------------------------------
From        To   Length  Pt g/t  Pd g/t  Au g/t   Pt+Pd+Au  From surface (m)
--------------------------------------------------
280.72  298.55    17.83    1.33    1.64    0.17       3.14           263.79
--------------------------------------------------
Notes:

      1.  NiEq calculations are based on long range pricing index of $US
          9.52/lb nickel, $US 2.96/lb copper, $US 15.78/lb cobalt, $US
          1,085/troy oz gold, $US 1,776/troy oz platinum, and $US 689/troy
          oz palladium. The equation for NiEq value is as follows:

      2.  NiEq = ((Ni grade x Ni price x 22.04622) + (Cu grade x Cu price x
          22.04622) +(Co grade x Co price x 22.04622) + (Au grade x Au
          price x 0.02916) + (Pt grade x Pt price x 0.02916) + (Pd grade x
          Pd price x 0.02916)) / (Ni price x 22.04622)

      3.  WS-188 was drilled at an inclination of -70 degrees; reported
          widths are intersected widths and not true widths.


The high grade intercept located between the two resources is significant in that it not only demonstrates that the East and West zone resource form a single, geologically contiguous body, but also indicates that the higher grade material in the East Zone continues to the west and at depth at Wellgreen.

The West Zone, contributing approximately 24% of the Wellgreen inferred resource (see table 3 below) is currently mostly defined in the upper 200 meter portion from surface, with very little drilling beyond 250 meters from surface.

The results of WS11-188 indicate the exploration upside within immediate proximity to the already defined Wellgreen resource, which is shown open to depth (West and East), and past the east boundary of the East Zone.
Table 3. Wellgreen Indicated and Inferred Resource Totals.
--------------------------------------------------
NiEq%                               Ni    Pt    Pd    Au PGM+Au    Ni    Cu
cutoff Category Zone      Tonnes   Eq%  (g/t) (g/t) (g/t)  (g/t)   (%)   (%)
--------------------------------------------------
0.4   Indicated East  14,308,000  1.36  0.99  0.74  0.52   2.25  0.69  0.62
0.4    Inferred East 219,327,000  0.76  0.54  0.45  0.26   1.25  0.39  0.34
0.4    Inferred West  69,919,000  0.67  0.50  0.34  0.12   0.96  0.34  0.38
Total inferred       289,246,000  0.74  0.53  0.42  0.23   1.18  0.38  0.35
--------------------------------------------------

--------------------------------------------------
Metal                          Indicated                 Inferred
--------------------------------------------------
Nickel (Ni)            0.22 Billion lbs.        2.42 Billion lbs.
--------------------------------------------------
Copper (Cu)            0.20 Billion lbs.        2.23 Billion lbs.
--------------------------------------------------
Platinum (Pt)           0.46 Million oz.         4.93 Million oz.
--------------------------------------------------
Palladium (Pd)          0.34 Million oz.         3.91 Million oz.
--------------------------------------------------
Gold (Au)               0.24 Million oz.         2.14 Million oz.
--------------------------------------------------
PGM+Gold                1.04 Million oz.        10.97 Million oz.
--------------------------------------------------
Based on resource estimated at 0.4% NEq cut-off, and 100% metals
recoveries
              Source: Wardrop Technical Report on Wellgreen
              dated July 21, 2011


Currently, approximately 2,300 meters of drilling has been completed on the property in the 2011 exploration season. Prophecy Platinum is continuing with its drilling program and intends to release more results as assays are completed. Separately, the Preliminary Economic Assessment (PEA) study by Wardrop Engineering is proceeding on target and the Company is expected to release preliminary pit shell parameters in October to demonstrate the potential open-pittable resource within the Wellgreen project.

Visit www.prophecyplat.com for drill cross section and location maps.

This news release has been reviewed and approved by Danniel Oosterman, P.Geo., an independent consultant and a Qualified Person as defined in NI 43-101.

Quality Control and Quality Assurance

Prophecy Platinum executes a quality control program to ensure best practice in sampling and analysis. Samples are cut and split for assay with the remaining sample retained for reference. Blanks, Standard Reference Material (SRM), and duplicates were inserted into the sample stream every 20th sample. A duplicate sample is taken every 20th sample of core. The selected sample is sawn in half and then sawn in half again. The quartered core is then placed into two different sample bags with different sample numbers and sealed. The SRM material comes from Natural Resources Canada and Analytical Solutions Limited. These were inserted into the sample stream immediately after the second duplicate. The SRMs used are WMS-1, WPR-1 and WGB-1. Sample Blanks are obtained from two sources; granodiorite from a local quarry and garden marble from hardware stores in Whitehorse, Yukon. A Blank sample is inserted into the sample stream after the SRM. Assayed samples are transported in sealed and secured bags for preparation at ALS Chemex Prep Lab located in Whitehorse, Yukon. Pulverized (pulp) samples are shipped for analysis to ALS Chemex Assay Laboratory in Vancouver, B.C. ALS Chemex is an ISO/IEC 17025:2005 accredited laboratory and registered under ISO 9001:2000.

Quality assurance and quality control are monitored using scatterplots, Thompson-Howarth plots and statistical analysis to ensure duplicates, blanks and standard data are reliable and indicate robustness of overall results. ALS Chemex quality-assurance procedures are also included in this process.

About Prophecy Platinum

Prophecy Platinum Corp. is a Canadian based Nickel PGM exploration company with projects in Canada, Argentina and Uruguay. Prophecy Platinum's flagship Wellgreen PGM-Cu-Ni project is in Yukon Territory, Canada and the Lynn Lake project is located in Manitoba, Canada. Further information can be found at www.prophecyplat.com.

ON BEHALF OF THE BOARD OF DIRECTORS of Prophecy Platinum Corp.

John Lee, Chairman

Forward Looking Statements: This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including, without limitation, statements potential mineralization, the estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties.. Although Prophecy believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals in respect of the Transaction, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with operating in foreign jurisdictions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on Prophecy and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Contacts:
Prophecy Platinum Corp.
Asif Visram
Manager, Investor Relations
1.800.358.5865
avisram@prophecyplat.com
www.prophecyplat.com  

http://www.thefinancialexpress-bd.com/...d=150985&date=2011-09-28

Gruß  

Was issn nu hier los`????  

Chinakrsie -Konjunkturkrise, d.h. raus aus Rohstoffen um jeden Preis...das wird gerade gespielt.

Prophecy gibt es jetzt zum halben Preis....Mann-o-Mann; die Bewertungen von Rohstoffunternehmen sind nicht mehr rational erklärbar im Moment, denn wir bewegen uns mit rasender Geschwindigkeit den Bewertungen von 2008/09 zu.

Wer auf Cash sitzt kann hier mal bald einkaufen gehen..:-) 

 

 

heute in kanada +17%, schluß auf tageshoch.

vorher sind in deutschland welche für knapp über 0,28 über die theke gegangen.
wow hätte soöche kurse nicht mehr für möglich gehalten.
hoffentlich waren das erstmal die tiefstände.. so verrückt wie sich der markt verhält..

gruß black.jack  

Wenn der Chart in Frankfurt recht hat, dann sollte in den nächsten Tagen etwas passieren?
gruß  

Zum Hintergrund: Die Kohleimporte nach China werden sich bis 2015 verdoppeln, Indien liegt bei den Importmengen nur wenig zurück.

Die "Times of India" berichtet, dass heftige Regenfälle die Produktion in verschiedenen indischen Kohleminen lahm gelegt hat, was dazu führt, dass einige Kraftwerke kurz vor dem Abschalten stehen, weil der Nachschub fehlt. Im Land sieht man die Mögilchkeit einer "Black-Out-Situation", da nahezu alle thermischen Kraftwerke auf der Basis von "on-demand Kohle" arbeiten, die aber jederzeit ausgehen könnte.

Brace for blackouts as supply falls short
TNN Oct 8, 2011, 02.47AM IST
New Delhi: The city may have to face power cuts for the next few days due to continuing shortage in supply from power plants in Dadri, Singrauli and Badarpur. Though low demand saved the day on Dussehra, several parts of south and west Delhi faced severe load shedding throughout Friday as supply was short by 650 MW. Discoms have warned of rotational load shedding across the city if the supply doesn't return to normal soon.
...

http://articles.timesofindia.indiatimes.com/...plant-power-generation  

 

 

passt hier auch, zur Kurzweil eine kleine Story über den Besuch von Bundes-Merkel in der Mongolei, insidern sicher bereits bekannt.

http://www.faz.net/aktuell/wirtschaft/...n-der-mongolei-11492400.html

mfg  

Auch dieser Beitrag ist mal erwähnenswert -  Die Erde "muß" ausgebeutet werden und Rohstoffe sind wichtiger denn je.

1. Ausbeutung

Gut zweieinhalb Millionen Einwohner und fast fünfmal so groß wie Deutschland: Der wahre Reichtum der Mongolei sind die unglaublich weiten Naturlandschaften die es dort noch gibt, die aber in eine rasend schnellen Tempo vernichtet werden. Aber wen kümmert so etwas schon, wenn die Kanzlerin von Thyssen-Krupp den Befehl erhält sich um Kupfer und Kohle zu bemühen.
An den Mongolen selbst wird das mal wieder größtenteils vorbeigehen, als strategischer Partner und Rohstofflieferant wird das Land eh gebraucht und die Eliten in Ulaanbaatar leben mit ihrer Korruption sehr gut, da stören ein paar salbungsvolle Worte zur gerechten Verteilung dann auch nicht weiter.

http://www.zeit.de/politik/ausland/2011-10/mongolei-merkel-rohstoffe

Die  nächste million Dollar wartet schon.

Also ab dafür oder wie oder was ?
++

na ja , so wirklich hat das ja niemanden interessiert und schon gar nicht die Amis.
Kohle, Kohle und Gewinne.  
Jeder will dabei sein

Also ab dafür .......... kaufen, kaufen  

Prophecy to Trade on Toronto Stock Exchange Starting October 19



VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/18/11 -- Prophecy Coal Corp. ("Prophecy") (TSX VENTURE: PCY)(OTCQX: PRPCF)(PINK SHEETS: PRPCF)(FRANKFURT: 1P2) (the "Company") is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange ("TSX") under its current trading symbol "PCY" starting Wednesday, October 19, 2011. The Company's shares will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX.

John Lee, CEO and Chairman of Prophecy Coal, states: "TSX is the premier global exchange for the mining industry. The high standards embraced by the TSX should improve Prophecy's trading efficiency and liquidity, strengthen access to capital markets, and broaden the Company's market exposure. The Company continues to achieve major milestones and expects to hear from the Mongolian government regarding license issuance of the Company's flagship Chandgana power plant project soon."

Prophecy is also pleased to announce the appointments of Mr. Patrick Langlois as Vice President, Corporate Development and Mr. Joseph Li to its Board of Directors.

Mr. Langlois has extensive investment banking and venture capital experience, with past roles that have included Director of Investment Banking at Stonecap Securities and Managing Director of Investment Banking at Laurentian Bank Securities. Patrick has provided corporate finance expertise across a broad spectrum of industries, advising numerous corporations regarding public offerings, private placements, as well as mergers and acquisitions. Mr. Langlois, based in Toronto, joins Prophecy on a full time basis and holds an M.B.A. from Universite de Sherbrooke, as well as a CFA designation and membership in the CFA Institute. Mr. Langlois has been granted 300,000 options at $0.77 per share with a 2 year vesting schedule for a period of five years, subject to regulatory approval.

Mr. Li is a Certified General Accountant (B.C.) and has a B.Com (Hons) from Laurentian University. For 13 years, Joseph was a Senior Auditor with the B.C. Ministry of Finance, a position which allowed him to gain valuable insight into how diverse businesses and organizations of all sizes are operated. Mr. Li has been the General Manager and Corporate Secretary of Prophecy Coal Corp. since January, 2011, and oversaw the successful spinoff of Prophecy Platinum Corp.

About Prophecy Coal

Prophecy Coal Corp. is a Canadian listed company engaged in developing energy projects in Mongolia. The Company has over 1.4 billion tonnes of surface minable thermal coal resources on two coal properties in Mongolia. Prophecy Coal's Ulaan Ovoo coal mine is in production and Chandgana mine mouth power plant is currently being permitted. Prophecy Coal is the controlling shareholder of Prophecy Platinum Corp. (TSX VENTURE: NKL). 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.

ON BEHALF OF THE BOARD OF DIRECTORS Prophecy Coal Corp.

John Lee, CEO/Chairman

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Contacts:
Prophecy Coal Corp.
Chris Ackerman
Manager, Investor Relations
1-800-459-5583
cackerman@prophecycoal.com
www.prophecycoal.com  

Prophecy CoalFull Prophecy Coal profile here

Prophecy Coal Corporation (TSX-V: PCY, OTC-QX: PRPCF, Frankfurt: 1P2) is an internationally diversified thermal coal production company that in November 2010 saw its first coal project, Ulaan Ovoo commissioned for production. The company controls over 1.4 billion tonnes of open-pittable thermal coal in Mongolia (839 Mt Measured, 579 Mt Indicated) between 2 distinct deposits with power plant plans for its second deposit (Chandgana's) well under way. Additionally Prophecy Coal Corp holds the Okeover Copper project and the Titan, Vanadium Iron ore & Titanium projects in Canada.



Prophecy Coal to begin trading on TSX Wednesday
Thursday, October 20, 2011 by Brad Lemaire
Coal miner Prophecy Coal (CVE:PCY) said Tuesday its shares will begin trading on the Toronto Stock Exchange this Wednesday, giving the company greater access to capital markets and broadening its market exposure.

Prophecy Coal, which controls over 1.4 billion tonnes of open-pittable thermal coal in Mongolia, said shares currently trading on the junior TSX Venture Exchange will be delisted.

The company will trade on Toronto's main market under the symbol “PCY".

In a statement, Prophecy’s chief executive, John Lee, said: "The high standards embraced by TSX should improve Prophecy's trading efficiency and liquidity, strengthen access to capital markets, and broaden the company's market exposure."

In separate news, Prophecy Coal also announced it has appointed Patrick Langlois as vice president of corporate development and Joseph Li to its board of directors.

The first appointee, Langlois, brings investment banking and venture capital experience. His past roles include director of investment banking at Stonecap Securities, and managing director of investment banking at Laurentian Bank Securities.

Li, the second appointee, is a certified general accountant and for 13 years, was a senior auditor for the Ministry of Finance in British Columbia.  Since January, he has been general manager and corporate secretary for Prophecy.

In addition, he also oversaw the successful spin-off of Prophecy Platinum Corp. (CVE:NKL).

Prophecy Coal develops and explores energy projects in Mongolia. Its flagship Ulaan Ovoo property started production in 2010 and its Chandgana mine mouth power plant is currently being permitted.  

http://video.cnbc.com/gallery/?video=3000051838  

habe inzwischen mal wieder angefragt, wie weit die Arbeiten gediehen sind und folgende erfreuliche Antwort  von JLi  erhalten von heute:

Hi Mike,

Your continued interest and support are much appreciated.

http://www.frasermackenzie.com/newresearch/.../FM_Coal_Scoop_V1-3.pdf

The above link shows a summary of all coal stocks and in terms of performance, Prophecy Coal is in about the middle of the pack.

The recent debt crisis in Europe has caused a lot of stocks to go down and Prophecy is no exception.

After taking out Prophecy Coal’s holdings in NKL, NI and CEC, plus the ~$18 million of new mining equipment, our coal assets are not being valued at very much at all.

Due to the diesel rationing in Mongolia and high mining costs with Leighton, we decided to hire and train our own staff to mine Ulaan Ovoo.

As we do this, we have reduced production and focused on selling our coal stockpile (~200,000 tonnes).

We have a number of off takes signed but we do not wish to announce anything until we are 100% sure, such as funds being received.

The logistics and rail tariffs for transporting the coal across Russia and selling at the far east seaport have been a lot more challenging than we expected.

Once we ramp up production next year, we will take another look at selling at the far east seaport.

We are also working to get the Zeltura border crossing open next year which will greatly reduce our transportation cost.

Our main focus right now is the Chandgana power plant project.

As you know, we receive the Ministry endorsement recently.
We expect to receive the power plant license any day or week now.

In the meantime, various studies, like the bankable feasibility study, are moving along to completion.
We are in talks with major EPC contractors and expect to select somebody by the end of this year or early next year.

The next step after receiving the power plant license is negotiating a purchase power agreement (PPA).
We have engaged a HK based law firm which has experience with PPA to advise us.
Please don’t hesitate to contact us again if you have any further questions.
Regards,
Joseph Li  

InvestmentPitch: Prophecy Coal (TSX:PCY) Begins Trading on Toronto Stock Exchange - Video Summary of Company Posted on www.InvestmentPitch.com






Vancouver, British Columbia, October 20, 2011 - Prophecy Coal (TSX:PCY) is one of the latest new listings on the Toronto Stock Exchange, having graduated from the TSX Venture Exchange.

InvestmentPitch.com has produced a "video news alert (http://www.investmentpitch.com/media/1059/...._TSX:_PCY_News_Alert/)" about Prophecy Coal. If this link is not enabled, please visit www.InvestmentPitch.com (http://www.investmentpitch.com/) and enter "Prophecy" in the search box.

Earlier this year, the company spun off Prophecy Platinum, which trades on the TSX Venture Exchange, under the symbol "NKL", in order to focus on its coal projects.

Prophecy Coal is developing energy projects in Mongolia. The company has more than 1.4 billion tonnes of surface minable thermal coal resources on two coal properties in Mongolia.

Jay Taylor, publisher of J. Taylor's Gold, Energy & Tech Stocks newsletter, gave Prophecy Coal a buy recommendation last month. Jay Taylor believes that the company's very substantial coal holdings in Mongolia offer shareholders major upside potential

The new producing mine is the Ulaan Ovoo Mine, which has a 20 million tonne reserve and a 209 million tonne resource of high quality thermal coal. A single-seam, 50 metre thick coal seam, and a strip ratio of 2 to 1, should make this a relatively low-cost mining operation. 230,000 tonnes of coal have already been stockpiled. Although geophysical surveys suggest significantly more coal exists at this mine, even the present reserves and resources suggest a minimum mine life of 20 years.

The second project, which Jay believes is potentially far more significant, is the Chandgana Project. The company expects to hear from the Mongolian government in the near future, regarding the issuance of the license for this project. The resource here is 1.2 billion tonnes of thermal coal, but longer term this could get much bigger with some 100 square kilometres of prospective claims. Plans are to use this coal to fuel a power plant to be built at the mouth of this open pit mine, to initially serve Mongolia's electricity demand and then later to increase the plant's size to sale into Beijing and other Chinese markets which are starved for more electricity.

The current timeline has construction beginning during the second quarter of 2013 and for the project to be completed by 2015. Jay believes the anticipated bankable feasibility study should bolster confidence in this project.

Prophecy Coal trades at $0.50, and with approximately 195 million shares outstanding, is capitalized at $98 million. Prophecy Coal still holds a 45% interest in the spinoff company, which contributes approximately $0.30 to the value of Prophecy Coal's shares.  

For a more information on Prophecy Coal, visit their website www.prophecycoal.com (http://www.prophecycoal.com/), phone Chris Ackerman at 800-459-5583 or email cackerman@prophecycoal.com (mailto:cackerman@prophecycoal.com).

InvestmentPitch.com is a multimedia company that provides a combined solution for creating, hosting, and distributing financial video content across multiple platforms to investors and financial professionals.

CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com (mailto:bmorgan@investmentpitch.com