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Website  http://www.prophecycoal.com/index.php  

PRPCF Pink Sheets http://www.otcmarkets.com/stock/PRPCF/quote  PCY TSX http://tmx.quotemedia.com/quote.php?qm_symbol=pcy


TSX-V: PCY 2060-777 Hornby Street
OTC: PRPCF Vancouver, BC
Frankfurt: 1P2 Canada
Email: info@prophecyresource.com V6Z 1T7
Phone: +1.800.459.5583 Fax: +1.604.642.2629
 

This is why I think that the power plant will be our victory ticket: 12-11-2010 (Prochorovka) http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57659733

 

 

Year End Letter from Chairman of Prophecy

Prophecy's objectives for 2011 include the following:

  • Conclude long term Ulaan Ovoo coal off take agreements with regional Russian power plants;
  • Commence shipments of Ulaan coal to Asian customers via Russia's eastern coal ports;
  • Produce and transport between 1 and 1.5 million tonnes of coal at Ulaan Ovoo in 2011;
  • Increase profit margins at Ulaan Ovoo with owner equipment and Zeltura port opening;
  • Secure Chandgana power purchase off take MOUs with Mongolian entities;  
  • Obtain Government cooperation and full licensing on our Chandgana Power Plant;
  • Secure equity and debt financing for Chandgana Power Plant construction;
  • Consider a possible spin-off of Prophecy's Canadian assets; and
  • Seek additional listings

http://www.prophecyresource.com/news_2010_dec24b.php

 

 

 

 

Share structure as of January 3 2011:

outstanding shares: 184 981 199
warrants: 27 699 790
options:23 449 600
____________________________

fully diluted: 236 130 589 shares



Prophecy Resource Corporation (TSX-V: PCY, OTC-QX: PRPCF, Frankfurt: 1P2 ) is an internationally diversified company engaged in developing energy, nickel and platinum group metals projects. The company controls over 1.4 billion tons of open-pittable thermal coal in Mongolia (839 Mt Measured, 579 Mt Indicated). In Canada Prophecy owns Wellgreen Platinum, Palladium and Rhodium Project in Yukon, Lynn Lake Nickel Sulphide Project in Manitoba, and a 10% equity stake in Victory Nickel.

The 100% owned Ulaan-Ovoo coal deposit is strategically located 10 km from the Russian border and 120 km from both Mongolian and Russian rail links. The project contains 209 million tonnes of measured and indicated economically recoverable high quality, high volatile bituminous thermal coal with a 2:1 strip ratio. The caloric output is at 5,204 kcal/kg with low ash at 12.46% and very low sulfur of 0.40%. Coal thickness of 53 meters and first 8 years requires no washing with an estimated production cost of $10-$15/ton.

The second thermal coal deposit is the Chandgana Tal and Chandgana Khavtgai Coal Project, contatining 1,211 million tonnes of measured & indicated coal resource (NI 43-101). Click here for the resource page. The resource is contained almost entirely within a single coal seam averaging 37.7-45.4m with very few partings with a strip ratio of 1.9:1. The calorific value is 4,354 kcal/kg with low ash level of 12.49% and very low sulfur of 0.68%. Chandgana is within 160km from rail, 45 km North of the proposed railway, 16 km from paved highway, and 150 km from 2x220kv power line. It is ideally suited for a 600MW mine mouth power plant with extension to eventual 4,200MW.

The Wellgreen Nickel Copper Platinum, Palladium and Rhodium project in Yukon, Canada is the Company's flagship Platinum, Palladium and Rhodium project. The project is situated close to good infrastructure, main roads, electricity and water and Yukon is one of the most mining friendly jurisdictions in the world. The potential of Wellgreen property is in the range of 77 to 254 million tonnes at 0.26 to 0.38 % nickel, 0.26 to 0.36% copper, 0.55 to 0.85 g/t platinum and palladium, based on thestrike length range of 4000 to 7000 m, depth of 200 to 250 m and a width of 30 to 35 m.

The Lynn Lake Nickel Mine is the fourth largest known nickel sulphide deposit in Canada. The project covers the majority of the claims that were operated by Sherritt-Gordon from 1953-1978. An independent technical report done by Wardrop Engineering Inc., dated January 2010, confirms 22.9 million tons of measured and indicated resources at 0.57% Nickel and 0.30% Copper. This translates to over 262 million pounds of Nickel and 138 million pounds of Copper in situ. Click here for full NI 43-101 resource estimates.

In addition to the above resource, there are also exciting exploration opportunities. The recent 2008, near-surface, Disco Zone discovery is 1.5km away from the outlined deposit. The Disco Zone is 80m x 20m x 270m with drill highlights such as 18 meters of 1.5% nickel, 0.7% copper, 0.04% cobalt and 47.1 meters of 0.7% nickel, 0.5% copper and 0.02% cobalt. Click here for more drill results and to learn about the Disco Zone discovery.

Prophecy's other properties, including the Titan vanadium-titanium-iron project. A deposit in Ontario, Canada, between Angus and Flett Townships, with access to excellent infrastructure. Titan is estimated to contain an inferred resource of 49.0 million tonnes at 0.24% vanadium (0.43% vanadium pentoxide), 14.82% titanium dioxide, and 48.09% iron oxide. Click here for the full NI 43-101 resource estimates.

And the Okeover copper molybdenum project, which is 20 km north of Powell River on the B.C. coast.

In late 2006, N.C. Carter, PhD, P.Eng, completed a technical report on the Okeover Property pursuant to NI 43-101 that estimated an inferred mineral resource of 86.8 million tonnes grading of 0.31% copper (approximately 593 million lbs) and 0.014% MoS2 (approximately 15.9 million lbs of molybdenum disulfide) at a 0.20% copper cut-off for the North Lake Zone. North Lake is the best understood of the eight zones of mineralization known to exist on the Okeover property.

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Wiki
PRPCF News: Prophecy Coal Announces Results of AGM 06/19/2014 06:47:30 PM
PRPCF News: Prophecy Coal Announces Grant of Incentive Stock Options 05/02/2014 01:55:48 PM
PRPCF News: Prophecy Coal Announces New Member of Board of Directors and Executive Director of Subsidiary 04/24/2014 02:11:11 PM
PRPCF News: Prophecy Coal Corp. Announces Annual Results and Outlook for 2014 04/08/2014 02:18:31 PM
PRPCF News: Prophecy Coal Announces Adoption of Advance Notice Policy and Majority Voting Policy 03/27/2014 04:24:22 PM
PostSubject
#196   Chandgana is still in the pipeline of future riverrock 03/23/14 05:35:06 PM
#195   I read questions such as “Why doesn't PRPCF riverrock 10/11/13 06:56:16 PM
#194   They are finally coming around... jjeeddoo7 10/07/13 01:24:28 PM
#193   Prophecy Coal Signs Multiple Coal Offtake Agreements, Aims jjeeddoo7 08/28/13 01:29:03 PM
#192   Comparing Mongolia's Proposed Shirvee Ovoo Power Plant and riverrock 07/20/13 08:55:10 PM
#191   latest news jjeeddoo7 06/26/13 12:07:08 PM
#190   NEWS lapared2008 06/05/13 08:56:46 AM
#189   Prophecy Provides Update on Closing of $1.14 million NITE/$TOCKER 05/31/13 03:09:31 PM
#188   Just a matter of time...nice ride up from jjeeddoo7 05/30/13 08:24:06 PM
#187   i think next week PPA is coming lapared2008 05/30/13 11:58:26 AM
#186   Why you say "strong buy" ? gharma 05/29/13 10:04:48 AM
#185   Strong buy lapared2008 05/29/13 03:25:04 AM
#184   probably so. RonnieD 04/19/13 12:16:24 PM
#183   I'm thinking this is a safe deal at woodtick27 04/18/13 07:23:53 PM
#182   PP unit buyers paid .14/share and don't get RonnieD 04/18/13 06:33:47 PM
#180   South of Klondike canucklehead80 05/28/12 12:23:49 PM
#179   For sure Volabe. I'm still keen on Prophecy, the cork 05/10/12 12:49:14 AM
#178   I don't blame you. Sure, I'll take the Volabe 05/09/12 03:27:18 PM
#177   I know what you mean. There is probably the cork 05/09/12 03:03:49 PM
#176   Is the company selling shares to finance construction? Volabe 05/09/12 09:17:21 AM
#175   It has been the case for a long the cork 04/26/12 03:01:06 PM
#174   Ya, I think people just figure that they Volabe 04/26/12 02:21:06 PM
#173   Good stuff Volabe. All that, and yet the the cork 04/26/12 02:15:42 PM
#172   http://www.prophecycoal.com/investor_conference.php April 30-May 1, 2012: Joh Volabe 04/26/12 01:51:02 PM
#171   http://www.prophecycoal.com/news_2012_jan17_prophecy_receives_power_plant_feasib Volabe 04/26/12 01:48:46 PM
#170   **Excerpt From Midas Letter** Volabe 04/26/12 01:40:43 PM
#169   Prophecy Coal Founder and Director Greg Hall Discusses Volabe 04/26/12 01:36:24 PM
#168   http://seekingalpha.com/article/435841-crucial-coal-powering-mongolia-s-future?s jjeeddoo7 03/15/12 11:53:57 AM
#167   Prophecy Coal Arranges $9 Million Private Placement the cork 03/01/12 11:37:21 AM
#166   Prophecy Coal Celebrates TSX Listing by Opening the the cork 02/27/12 04:43:12 PM
#165   Prophecy Provides EPC, PPA, Project Financing Update on gharma 01/24/12 10:41:33 AM
#164   Prophecy Receives a Positive Feasibility Study for the the cork 01/17/12 01:39:32 PM
#163   YEAR END NEWS LETTER...CEO http://www.prophecycoal.com/news_2011_dec21_prophecy jjeeddoo7 12/21/11 01:59:14 PM
#162   the double bottom set in today and we jjeeddoo7 12/15/11 05:28:53 PM
#161   CEO ON CNBC jjeeddoo7 11/30/11 01:46:09 PM
#160   NKL on BNN jjeeddoo7 11/23/11 07:24:38 PM
#159   and this morning on Bloomberg tv they were jjeeddoo7 11/21/11 11:05:23 PM
#158   VIDEO http://www.investmentpitch.com/media/1104/Prophecy_Coal_Corp._TSX:_PC jjeeddoo7 11/21/11 04:00:24 PM
#157   Finally the news we have wanted . . gharma 11/21/11 09:32:38 AM
#156   Close, but high . . . gharma 11/17/11 03:14:20 PM
#155   mEANT THE pROPHECY pLATINUM NOT COAL CLOSED FINANCING...WE jjeeddoo7 11/17/11 02:38:02 PM
#154   .5204 x .543 the cork 11/17/11 01:42:53 PM
#153   Latest from website: Prophecy to Trade on Toronto the cork 11/17/11 11:08:22 AM
#152   closed financing...2 million dollars more than originally planned...restricted jjeeddoo7 11/17/11 10:50:22 AM
#151   Thx for that info Jeeddoo. I know gharma 11/16/11 06:42:14 AM
#150   there is a message board from stockhouse.ca of jjeeddoo7 11/16/11 12:04:28 AM
#149   there is a message board from stockhouse.ca of jjeeddoo7 11/16/11 12:04:27 AM
#148   hoping you are right . . . gharma 11/15/11 04:54:57 PM
#147   Sounds good to me jjeeddoo7! the cork 11/15/11 03:38:19 PM
#146   jump was last thursday due to heavy last jjeeddoo7 11/15/11 03:23:38 PM
PostSubject