Prophecy Coal Founder and Director Greg Hall Discusses Chandgana Power Plant on Midas Letter Money
(Thomson Reuters ONE) -
Prophecy Coal Corp. (TSX:PCY) (OTCQX:PRPCF) (FRANKFURT: 1P2) co-founder and
director Greg Hall discusses the company's progess at the Chandgana mine-mouth
power plant development in Mongolia with James West on Midas Letter Money. The
600 megawatt coal-fired electrical generation plant is now permitted and the
Power Purchase Agreement is all that remains to be determined.
Mongolia is one of Asia's fastest growing regions, and its electrical power
generation systems are antiquated and in varying stages of disrepair, making
Chandgana a very important project both for Prophecy Coal and for the people of
Mongolia.
Click on the image (or copy and paste the link into your browser) below to watch
the video in a new browser window:
http://www.midasletter.com/index.php/prophecy-coal-founder-and-director-greg-
hall-discusses-chandgana-power-plant-on-midas-letter-money/
The full transcript of the interview is available here:
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 - News). 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.
About Midas Letter Money
Midas Letter Money is the show about commodities, energy, and natural resources
and the public companies who seek for and develop them. Hosted by James West and
distributed to 450,000 installed subscribers to the Thomson Reuters Insider
platform, the show is available at insider.thomsonreuters.com or at
http://www.midasletter.com.
Contact: James West
midasletter(at)midasletter.com
http://www.midasletter.com
(416) 598-9181
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Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Midas Letter Portfolio Advisors AG via Thomson Reuters ONE
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