was würdest du also sagen, warum dem so ist/war? warum der verkauf/kauf statt gefunden hatte?
|
Prophecy in Mongolia
Hi SpeedDemon. I have followed your posts and you have hit the nail in the head many times.
I respect Prophecy for trying to bring a very needed project to my country. We desperately need investment now, but the problem is that the management team in that company has given themselves a very negative perception with people in the countryside and in the government.
I still have a few university friends working there and the environemnt is so-so. The problem is what i hear from my close friends in government. They usually give me great inside knowledge on the companies with good prospects or big obstacles. Unfortunately, Prophecy seems to have many obstacles for them.
Apparently, Prophecy has been lying to many people regarding their progress in both the coal mine and the power project.
This is what i heard and you can check from other sources:
1.- Their coal mine pit is full of water still. They have yet to pump out the water and they are claiming that they will export to Russia. I hope they can show recent pictures with regards to the progress on the pit.
2.- My friend inside the company told me that they DO NOT have mining equipment at the mine site anymore. That Prophecy is renting or leasing the equipment to some iron ore company or some gold mine. One of the auditors also confirmed this the other day.
*** Water in mine pit and mining equipment somewhere else.... how will they mine and export that coal?
3.- My friends in government tell me that Prophecy's management has really upset their bosses and coworkers in government, especially some key people in the Great Khural and in the Energy/mining ministry.
http://www.stockhouse.com/companies/bullboard/...corp?postid=21720054
hat nochmal was geschrieben. Falls es jemanden interessiert
Answers to the points from Geezer 21
Hi Geezer 21.
Please see my responses below:
1. I clicked on SpeedDemon's name and his articles/posts came out and I read them. I did the same for Geezer21 and read your posts on ORV, PCY, LGO, NKL. I didnt mean to say that I have been following SpeedDemon for a while. My apologies for my English.
2. Yes, I agree. Many people in my country are indeed racists. Not many of us studied abroad and even some of the ones who did, are still racist. China is the number one source of Foreign Investment (FDI) in my country. Many people have succesful businesses with Chinese businessmen here. But for some reason, a lot of my friends and contacts have very negative feelings toward's Mr. john Lee.
3. I checked further on this. Yes, the equipment is leased out. I found out which equipment and to whom it was leased out to. I was wrong, it wasnt an Iron-ore mining company, but a Gold mining company. The company name is Altan Dornod, run by Ganbold, very succesful businessman here. Some of the equipment was leased for 1 year (until 2014) and the other equipment for 2 years (2015). There are heavy fines and demobilizations costs if Prophecy breaks the contracts and calls the equipment back. But you are right.... I guess they can call it back.
http://www.stockhouse.com/companies/bullboard/...corp?postid=21722030
|
| Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
| 28 | 4.802 | hier kann man """kohle"""machen | tolksvar | klarakaro | 25.04.21 01:36 | |
| 4 | Barchart.com und Finanznachrichten.de | Basysa | Basysa | 22.12.15 20:28 | ||
| 21 | 648 | Prophecy Resource Corp | Base | madold | 25.05.12 01:40 | |
| 9 | RED HILL - Einstieg zu spät? | bounce1 | bounce1 | 22.04.10 23:33 |