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Experts Commenting on This Company

• Thomas Drolet
• Chen Lin
• David Morgan
• James West
• Carrie White

Prophecy Coal Corp. TICKER: PCY:TSX; PRPCF:OTCQX; 1P2:FSE Visit Company Website Prophecy Coal Corp. is an internationally diversified thermal coal production company that controls over 1.4 Bmt of open-pittable thermal coal in Mongolia (839 Mmt Measured, 579 Mmt Indicated) between two distinct deposits. In November 2011, the Mongolian government allowed … read moreconstruction of a 600 MW (first phase) 3,600 MW (second phase) power plant at its Chandgana deposit. The company released a positive feasibility study in January 2012, with construction anticipated in Q2/13. Prophecy Coal's project at Ulaan Ovoo was commissioned for production in November 2010. The company holds 22.5M shares of Prophecy Platinum Corp., along with the Okeover property (copper-molybdenum) and the Titan vanadium-titanium-iron projects in Canada. hide

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

Chen Lin, What is Chen Buying? What is Chen Selling?(7/31/12) "Prophecy Coal Corp. is getting close to getting cash flow from its Ulaan Ovoo mine and consolidating the Chandgana mine. It is making progresses on both mines. . .I visited both Prophecy Coal Corp. and Prophecy Platinum Corp. and was very impressed with the assets the management assembled in a few short years. John Lee was a fund manager before he started both companies, and his strength is deal making."

Erin Sugar, Proactive Investors(7/17/12) "Prophecy Coal Corp. said late Monday that it has arranged a $10M secured debt facility with Waterton Global Value to complete the purchase of the Tugalgatai, Mongolia coal licenses. . .the Tugalgatai licenses are contiguous to the company's Chandgana licenses, which host a Measured resource of 650 Mmt and an Indicated resource of 540 Mmt of thermal coal."

The Energy Report Interview with Chen Lin (7/12/12)TER: On May 24, Prophecy Coal Corp. said it had entered into a deal with an unnamed Mongolian buyer for its iron manufacturing plant to purchase 22 Kt of coal this year. What is your impression of this news?

Chen Lin: I think it is creditable. I went to the mines over a month ago. It has a lot of coal ready to mine. There is a huge amount of energy demand in Mongolia, so I wouldn't be surprised if the company continues to find more buyers. The key is the selling price. Prophecy has been selling to local buyers at cost to show good will. However, this deal looks like could have a nice margin. . .the hurdle is high for newcomers to Mongolia. Prophecy has already been operating there for a while and has the advantage of knowing the country and the people. Mongolia is a huge country and there are a lot of opportunities there, and like many companies I own, Prophecy Coal is deeply undervalued. Now I am waiting to see the company's progress before I decide when to buy more. If there is no significant news and the market doesn't improve for the rest of the year, then tax-loss selling later this year could present a bargain-hunting opportunity. More >

James West, Midas Letter(5/29/12) "A Mongolian direct reduced iron (DRI) manufacturing plant will buy 22,100 t of product from Prophecy Coal Corp.'s Ulaan Ovoo mine; as well, the plant has indicated that it intends to develop a relationship with Prophecy to buy 300,000 t of thermal coal on an annual basis. . .Mongolia's GDP is expected to rise an impressive 19% in 2013, positioning Prophecy to benefit from a surge in coal use. . .the company is offering competitive prices to Russia, which should help expand growth. . .there's no doubt the company is sitting on substantial coal resources."

Carrie White, Proactive Investors (5/24/12) "Prophecy Coal Corp. announced it will sell 22,100 tonnes of thermal coal from its Ulaan Ovoo mine in Mongolia to a local, direct reduced iron (DRI) manufacturing plant. . .Prophecy said the undisclosed buyer has indicated that the initial purchase will meet shortfalls from other suppliers, and that it would eventually like to increase the supply from Prophecy to 300,000 tonnes on an annual basis. . .the pricing is competitive to offers received from Russia, the company noted, and sets a benchmark for the continuation of offtake discussions with other local industries in the growing Mongolian economy, for which the Mongolian government forecasts 19% GDP growth in 2013."

• Corporate Presentation (7/20/2012)

• Read about Mongolia's Sparkling Potential