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Prophecy Resource Corp. supports GATA
3p PT Friday, January 15, 2010
Dear Friend of GATA and Gold:
GATA has a new supporter in the mining industry: Prophecy Resource Corp., a Canadian company looking to acquire advanced mineral assets. The company's objective is to stay ahead of the investing public by acquiring projects whose underlying commodity is temporarily overlooked. The company aims to buy distressed and secondary assets.
In October 2009 the company acquired the advanced Lynn Lake Nickel-Copper project in Manitoba, one of the top five undeveloped nickel deposits in Canada. The company also has just announced the acquisition of an 80 percent interest in a vanadium deposit in Ontario that includes past intercepts of 142 meters of 0.27% vanadium (0.48% vanadium pentoxide) and 174 meters of 0.26% vanadium (0.46% vanadium pentoxide).
The chairman of Prophecy, John Lee, CFA, is a longtime GATA supporter who studied under GoldMoney founder and GATA consultant James Turk and frequently speaks at international conferences, as he will join GATA is speaking at the Vancouver Resource Investment Conference this weekend.
Prophecy has an agreement by which it can earn an 80% interest in the Titan Vanadium-Titanium-Iron project in Ontario, Canada, and you can read the press release about it here:
http://www.prophecyresource.com/news_2010_jan14.php
Investors with questions about the company can call Lee at +1-778-558-0588.
The company trades on the TSX-V exchange as PCY, on the OTC board in the United States as PCYRF, and on the Frankfurt exchange as 3P1.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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Join GATA here:
Vancouver Resource Investment Conference
Sunday and Monday, January 17 and 18, 2010
Hyatt and Fairmont Conference Hotels
Vancouver, British Columbia, Canada
http://www.cambridgeconferences.com/index.php/vancouver-resource-investm...
Phoenix Resource Investment Conference
Thursday and Friday, February 4 and 5, 2010
Renaissance Glendale Hotel and Spa
Glendale, Arizona
http://www.cambridgeconferences.com/index.php/phoenix-resource-investmen...
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Support GATA by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://www.cartserver.com/sc/cart.cgi
Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:
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Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
http://www.gata.org/node/16
