RE: RE: This is Bull S.hitI guess v.CQ is looking like a much better play then? Does someone have the name of the poster who suggested CQ as I would like more information? Can you inbox me, please, mate? Not spamming, but this is what caught my eyes:
Cooper Minerals Inc. has entered into an option agreement with Gul Asghar Khan to acquire a 60-per-cent interest in certain thermal coal properties located in Pakistan. The properties consist of 2,230 acres of land, and an application for an additional 200 square kilometres, for the exploration and production of coal located within the Navel and Planna, and Karjai villages, Kotli tehsil and district, state of Azad Jammu and Kashmir (AJK), Pakistan.
Pakistan ranks seventh amongst the top-20 countries of the world so far as coal resources are concerned. Pakistan's coal reserves are 97-per-cent lignite rank, and vast deposits of these occur in the AJK and Thar areas. The company can acquire the interest by making cash payments totalling $500,000 (U.S.), incurring exploration expenditures of $2-million (U.S.) on the properties over a three-year period and issuing four million common shares from treasury upon receipt of TSX Venture Exchange approval for this transaction.