Thread starter on a new coal IPO - Hunnu Coal Limited.
It has the following coal exploration targets in Mongolia:
ArZuulGol& ZuunGolProjects 200 Mt target, Advanced exploration
TsagaanDelgerProject 100 Mt target, Grass roots exploration
DelgerehProject 50 Mt target, Grass roots exploration
MunhHaanProject 50 Mt target, Grass roots exploration
Some large numbers there and Mongolia is close to China. Tight capital structure and likely newsflow in 2010 and beyond. Mongolia is certainly and emerging commodities market.
On the watch list; DYOR.