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Prophecy Dev Corp. (PRPCF)

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Last Post: 4/11/2019 10:39:29 PM - Followers: 21 - Board type: Free - Posts Today: 0

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






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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PRPCF News: Report of Foreign Issuer (6-k) 05/15/2019 02:03:26 PM
PRPCF News: Report of Foreign Issuer (6-k) 05/02/2019 04:32:39 PM
PRPCF News: Report of Foreign Issuer (6-k) 05/01/2019 11:48:55 AM
PRPCF News: Prophecy Is Starting The First Major Vanadium Mine in the USA 04/25/2019 01:45:27 PM
PRPCF News: Report of Foreign Issuer (6-k) 04/16/2019 12:20:43 PM
#249   http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=PRPCF&insttype=& mick 04/11/19 10:39:29 PM
#248   Prophecy Development (PRPCF) mick 04/11/19 10:39:22 PM
#247   http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=PRPCF&insttype=& mick 03/12/19 04:46:46 PM
#246   http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=PRPCF&insttype=& mick 02/04/19 12:26:52 PM
#245   Report of Foreign Issuer (6-k) Edgar (US Regulatory) mick 12/28/18 09:08:10 PM
#244   Prophecy Development (PRPCF) mick 12/28/18 09:07:53 PM
#243   PRPCF buy 0.1994 stocktrademan 12/24/18 12:02:06 PM
#242   Adding ;) Impacto 12/10/18 09:54:10 AM
#241   Prophecy Development (PRPCF) mick 11/19/18 02:53:23 PM
#240   Bouncing from the 20! ;) Impacto 11/16/18 03:30:06 PM
#239   excerpt 5/ Prophecy's other properties, mick 11/15/18 12:17:52 PM
#238   excerpt 4/ The Lynn Lake Nickel Mine is mick 11/15/18 12:17:19 PM
#237   excerpt 3/ The Wellgreen Nickel Copper Platinum, Palladium mick 11/15/18 12:16:42 PM
#236   excerpt 2/ The 100% owned Ulaan-Ovoo coal deposit mick 11/15/18 12:16:01 PM
#235   excerpt 1/ Prophecy Resource Corporation (TSX-V: PCY, OTC-QX: mick 11/15/18 12:15:17 PM
#233   That cat seems to have 9 lives. At AlwaysOptimistic 11/12/18 09:59:52 AM
#232   Dead cat bounce running out of steam here. Ryguy008 11/11/18 04:14:04 PM
#231   PCY.TO breaking out on both the daily and TrendTrade2016 11/11/18 06:35:47 AM
#230   Let's keep the UBM spam off the board. Scott From MI 11/10/18 05:35:46 AM
#228   Analysis Report on United Battery Metals IG13 11/06/18 01:58:23 PM
#227   This one not so lucky. kpisme 11/05/18 01:50:07 PM
#226   United Battery Metals Corp. Up 8.89% IG13 11/05/18 12:52:46 PM
#225   hearing good chatter for the future here doinit 11/05/18 01:06:19 AM
#224   Lots of selling... Why? kpisme 11/02/18 03:50:11 PM
#223   Has There Been A Better Time To Be IG13 11/02/18 02:06:23 PM
#222   Wonder what the news is Rocketstockpix 11/02/18 07:17:14 AM
#221   HALTED https://www.stockwatch.com/Quote/Detail.aspx?symbol=PCY&region=C T:PCY - PROPHECY D Rocketstockpix 11/02/18 07:15:37 AM
#220   UBM CEO on the vanadium market opportunity IG13 11/01/18 01:54:15 PM
#219   The Outlook for Vanadium Market Is VERY Promising IG13 10/31/18 02:18:54 PM
#218   Vanadium Market Growth Set To Continue IG13 10/29/18 04:31:15 PM
#217   Agreed LowFloatLopes 10/29/18 10:44:52 AM
#216   For those that are not real familiar with jagmanjoe 10/27/18 09:01:49 AM
#215   PCY.TO the next big VANADIUM PLAY!!! TrendTrade2016 10/26/18 05:59:08 AM
#214   Such a quiet place with so much potential jagmanjoe 10/24/18 01:01:26 PM
#213   Hi there, I am thinking to invest. Curious AlwaysOptimistic 10/09/18 08:54:41 AM
#212   Forward split helping now. Prophecy looks nice Longer Than Most 10/07/18 01:41:13 AM
#211   Forward split not helping. And if not helping willlbone 08/08/18 02:26:06 PM
#210   PRPCF Froward split 10 for 1 effective August TenKay 07/26/18 07:16:00 AM
#209   PRPCF: effective June 7,2016 a one for 100 Renee 06/06/16 08:55:38 AM
#208   PRPCF .02 240k bid http://stockcharts.com/freecharts/gallery.html?PRPCF startingboy 12/16/15 02:11:44 PM
#207   China news DFRAI 04/21/15 06:25:52 PM
#206   Does anyone hold shares anymore? Any opinions DFRAI 04/09/15 09:26:12 AM
#205   Prophecy had a meeting with Ministry of Industry DFRAI 02/26/15 10:14:28 AM
#204   Prophecy Update DFRAI 01/14/15 01:47:49 PM
#203   Prophecy Resources changed to Prophecy Dev Corp.: Renee 01/07/15 05:49:54 PM
#202   I asked IR to place a value on DFRAI 10/24/14 03:19:58 PM
#201   Appreciate your analysis. I've been patient, just seekingjustice2 10/23/14 10:14:07 AM
#200   I actually bought before the insider bought their DFRAI 10/23/14 10:02:12 AM
#199   You're thinking the PPA is close? Any seekingjustice2 10/23/14 07:14:57 AM
#198   Should be an interesting end of year over DFRAI 10/22/14 05:47:02 PM