Prophecy Coal Founder and Director Greg Hall Discusses Chandgana Power Plant on Midas Letter Money

Prophecy Coal Corp. (TSX:PCY) (OTCQX:PRPCF) (FRANKFURT: 1P2) co-founder and director Greg Hall discusses the company's progess at the Chandgana mine-mouth power plant development in Mongolia with James West on Midas Letter Money. The 600 megawatt coal-fired electrical generation plant is now permitted and the Power Purchase Agreement is all that remains to be determined...

New York, 17/04/2012 (informazione.news - comunicati stampa - varie)

About Prophecy Coal Corp.

Prophecy Coal Corp. is a Canadian listed company engaged in developing energy projects in Mongolia. The Company has approximately 1.4 billion tonnes(i) of near surface thermal coal resources on two coal properties in Mongolia. Prophecy Coal's Chandgana 600 MW mine mouth power plant, for which technical studies are underway, has been permitted. The Company's Ulaan Ovoo coal mine is now in production. Prophecy Coal is the controlling shareholder of Prophecy Platinum Corp. (TSX-V:  NKL.V  -  News ). Mineral resources that are not mineral reserves do not have demonstrated economic viability. Further information on Prophecy Coal can be found at  www.prophecycoal.com .

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