Shares of Mongolia Mining Corp drops in HK stock exchange

Mongolian Mining Corp. (975 HK): Mongolia's biggest closely held coking-coal producer said Chief Executive Officer Battsengel Gotov didn't give an estimate of 2011 revenue of $700 million in press interviews, dismissing media reports of the number as "pure speculation."

The stock declined 0.2 percent to HK$9.02.

Source:Bloomberg news wire service



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