Replies to post #541 on Mongolian Mining Corp. (MOGLF)

[OMOLIVES]

Well...it's certainly not a bad thing with regards to HK movement today/tonight. My only concern is that there is a possibility that all is connected to Tavan becoming a deal. This equity is currently worth much more stand alone compared to current pricing....and so it goes.

[OMOLIVES]

A few days old....but a good note:

Mongolian miners plan coal output hikes as China demand rises

extracted:

Battsengel said his company aims to produce 9 million to 10 million tonnes of coking coal next year, more than double this year’s output of the raw material for steel.

Energy Resources sold 2.3 million tonnes of washed hard coking coal in the first half of 2017, up from 600,000 tonnes in the same period last year.

“Our factory next year will run on full capacity because of market conditions,” Battsengel said, referring to the company’s coal washing plant at its Ukhaa Khudag mine.

https://af.reuters.com/article/africaTech/idAFL4N1LP39O