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Stocks To Watch


Canadian Penny Stocks to Watch - June 07 to June 11, 2010

Prophecy Resource Corp.
Symbol: PCY
Exchange: TSX-Venture
Industry: Basic Materials
Products: Metals & Mining

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Profiled Price: $0.58   (June 04)

Company Snapshot:

Prophecy Resource Corp is a near term coal producer with 1 billion tonnes of Measured and Indicated open-pittable thermal coal resources in Mongolia. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The Company's other focus is in Nickel Sulphide in Canada, where Prophecy owns 100% of the Lynn Lake Nickel Sulphide project in Manitoba and 10% stake in Victory Nickel (TSX:NI). The Company is currently reviewing additional opportunities for growth.

Note: The weekly stocks to watch are selected by a number of criteria. The weekly stocks to watch should not be construed as stock picks. Stocks to watch companies are companies that should be watched because of significant happenings in the company or their stock price. Momentum, important or significant financials and news releases, strong technical analysis indicators, unusual volume or stock price increases as well as other criteria are some of the criteria we look at when selecting our weekly stocks to watch.


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