Mongolian Mining Corp. (MOGLF)

[OMOLIVES]

Maybe Hong Kong is finally seeing what I see..........it's early though...:)

Remember this:

With its own advantages and quality services, the company and Mongolia ENERGYRESOURCES LLC, OYU TOLGOI LLC, KAZ MINERALS, SUMITOMO, Zijin Copper, Central Plains Gold,Yunnan Copper,Jiangxi Copper,Shanghai Construction EngineeringDomestic and foreign companies have established good business relations through cooperation all the year round.

More than 20 days ago, Jiayou International once again reported good news. The company has signed a tripartite agreement with Shenhua Inner Mongolia Coal Coking Co., Ltd. and Mongolian Mining Corporation (MMC). In the next five years, the company will supply 3 million tons of main coking coal and 1 million tons of 1/3 tons of coal annually as a cross-border supply chain service provider. Coking coal products, this cooperation can predict the high-speed development trend of Jiayou International will be effectively guaranteed.

http://westdollar.com/sbdm/finance/news/1349,20180428865076087.html

.....and this..:

Ulaanbaatar /MONTSAME/ Erdenes Mongol LLC reports that Chinese side has added entrance lanes starting from April 16, enabling coal trucks to cross the Gants mod border checkpoint through three gates.

Previously, 1-2 lanes were operational and as a result of Prime Minister’s visit to China last week, Chinese part is taking measure to intensify coal transportation. The three gates allow 1100 vehicles to cross the border daily.

When the Prime Minister worked in the border checkpoint on April 13, there was 22 km long queue of coal trucks there.

150 trucks of border trade, 200 trucks of copper concentrate (Oyu Tolgoi LLC) and almost 120 trucks of coal cross the Gashuunsukhait and Gantsmod border checkpoints a day. Total of 138 thousand passengers, 18 thousand vehicles crossed the border in the first quarter of this year.

Improvement of entrance capacity of the checkpoint will bring positive influence to income of coal exporters such as Erdenes Tavan Tolgoi, Energy Resources, Tavan Tolgoi and their partner transportation companies.


....compound that with this...:

Biggest Miner Says China's Shift to Quality Iron Ore Will Hold
By David Stringer
and David Ingles
May 7, 2018, 2:48 AM EDT

https://www.bloomberg.com/news/articles/2018-05-07/biggest-miner-says-china-s-shift-to-quality-iron-ore-will-hold

....and now see why ETT wants to possibly use MMC's washing plant. They need it....but it may be too late.