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11th October 2012, 01:30 PM
#25
Re: Coal! Buy it now. 2012 Coal = 2003 silver!
Prophecy Coal (PRPCF.PK in the US and PCY in Canada) is also up 15-20% today. They have 2 billion tons of near-surface thermal coal in Mongolia, plus they own 22 million shares of Prophecy Platinum, which accounts for all but $5 million of their market cap. Prophecy Platinum owns the Wellgreen deposit in the Yukon, which has $30 Billion in recoverable PGM's, nickel, copper, and gold. Prophecy Coal is getting the last pieces of the puzzle together for a 600 MW mine-mouth power plant, with plans to expand it to 4200 MW for sale of electricity to China.
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mamboni (11th October 2012)
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