hotter than ulaanbaatar

sain - by - noo (Hello - Mongolian).

Ulaanbaatar (Capital of Mongolia) was 5 degrees celcius today.
Hunnu Mongolian coal (ASX:HUN) was decidedly hotter, trading on the ASX again as if it was 120 degrees.

Mongolian coal stocks seem to be flying at the moment, in Australia, Canada and Asia, with good reason, despite the recent ABARE report, and the many challenges (including infrastructure and power).

Aspire Mining also has a 100% owned premium Coking Coal tenement in Mongolian Ovoot, near the Chinese border.

Aspire Mining, at 17 cents, has to be the 'Crime of the Century', what a steal IMHO.

The Canadians are paying $16 dollars for SouthGobi Coal (TSX:SGO) with tenements in Ovoot, a neighbour of Aspire.
Now admittedly, SouthGobi are a large coal producing company, but just the same, if they found out about the share price of their young Aussie neighbour - then game over.

Article:
Aspire Mining (ASX:AKM) acquires Mongolian Ovoot Coking Coal Project.
http://www.aspiremininglimited.com/

Down the road SouthGobi (TSX:SGO) also have a lucrative Ovoot Coking Coal Project.
SouthGobi now trading at $16 Canadian.
Multiple Canadian broker targets for 2010 predict $25 Canadian.

SouthGobu raised $400 million in a Hong Kong IPO in January 2010, now trading at $115 Hong Kong dollar.

Citigroup (C.N) and Macquarie (MQG.AX) handled the SouthGobi IPO.
Rio Tinto owns a minority stake in SouthGobi via Ivanhoe (Canada).

And Aspire Mining has a cousin in Hunnu Coal (ASX:HUN), both have exceptional Mongolian tenements.
Hunnu coal listed at 20 cents in February 2010, and is now at $1.20 and has recently been climbing faster than a space shuttle.
Boardroom radio interview with Hunnu director George Lkhagvadorj Tumur.
http://www.brr.com.au/event/64129

Like the Mongolian CEO of Hunnu, George Lkhagvadorj Tumur, Aspire Mining also have a Mongolian Non-Executive Director with ten years experience as a mining engineer in Mongolia and Canada.
Meet Mr Gan-Ochir Zunduisuren.
http://www.linkedin.com/pub/gan-ochir-zunduisuren/16/46/746

China is actively searching for Mongolian coal.
http://translate.google.com.au/translate?hl=en&sl=zh-CN&u=http://info.cm.hc360.com/2010/03/020831165853.shtml&ei=ZnaMS7zTEYyOkQXf0qQk&sa=X&oi=translate&ct=result&resnum=5&ved=0CEsQ7gEwBA&prev=/search%3Fq%3D%2522aurox%2Bresources%2522%26hl%3Den%26client%3Dfirefox-a%26hs%3DRex%26sa%3DX%26tbo%3D1%26rls%3Dorg.mozilla:en-GB:official%26tbs%3Dqdr:d
Hebei Steel, Wuhan Steel, River Steel of China actively searching for investment and development coal projects in Mongolia.

SouthGobi selling an estimated 12 million tonnes of coal to China in 2010, building roads and infrastructure.
http://www.chinamining.org/News/2010-04-14/1271207066d35440.html

Since July 1, 2009, SouthGobi's coal mining fleet has been operating 24 hours a day, 7 days a week.
http://www.southgobi.com/s/OvootTolgoi.asp

Mongolia is building new railways and ports to export coal to China, Asia, and the world.
China Daily, Mongolian Coal article:
http://www.chinadaily.com.cn/bizchina/2010-03/18/content_9608785.htm
I like the entry about the Mongolian official who, when he heard of the new infrastructure plans, was too excited to sleep.

Perhaps Aspire Mining, within the year, will become SouthGobi's rising little brother, who knows.
On the charts it has only just crossed the XJO, 17 cents as at April 20, 2010.
And it's stock price could be anything in a year or two IMHO (precluding another GFC of course).

Do your own research (and come over and say hello to your Hunnu (ASX:HUN) brothers some time).

by - yar - tai (Goodbye - Mongolian)

Gw

Rule 161 - Ferengi Rules of Acquisition
Never kill a customer, unless you make more profit out of his death than out of his life.