Prophecy Coal: A Mongolian Energy Power Play

March 15, 2012  | 7 comments  |  about: PRPCF.PK, includes: PNIKF.PK, RWEOY.PK, VALE

Valentine's Day 2012 for me was a seven hour road trip to visit the Chandgana site of Prophecy Coal (PRPCF.PK) where they intend to mine thermal coal and build two power plants over the next decade. On my road trip I was accompanied by Prophecy Coal Executive Director in Mongolia, Ronnie Van Eeden, and Prophecy Coal's Manager of Geology Christopher Kravits. Three days later on February 17th, I met CEO John Lee over dinner.

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