RE: Hong Kong Listing?Lee seems very determined not to leak anything about additional listings....
I asked him about HK and TSX, but he only said that he is not allowed to discuss particulars....
but as his intention is to line up institutional investors (from North America and Europe, but I think primarily from Asia), I'm betting that a HK listing is one of his top priorities....
I'm just not sure what the market cap target he needs PCY to be at in order to facilitate a HK listing...
but I truly believe that the spin off (and creation of Prophecy Coal) was done with the primary thought to attract investors (which Lee said have already shown a deep interest) into a coal-oriented company (hence PCY Coal creation)...
not only that, but he can concentrate Mongolian investors (very important if we want to be successful there) into PCY Coal....
after all, if the important politicians (via their private Mongolian companies) own a piece of PCY Coal, they will be much more likely to try to get things done in a favorable way for PCY....
just my guess...