RE: Coal is heating up in Pakinstan....Remember, CQ's NR in Sept:
Option to acquire Thermal Coal Properties in Pakistan
Vancouver, British Columbia, Canada, September 3, 2010 – Cooper Minerals Inc. (“Cooper” or the “Company” - TSX-Venture: CQ) is pleased to announce that it has entered into an Option Agreement with Gul Asghar Khan (the “Optionor”) to acquire a 60 per-cent interest in certain thermal coal properties (the “Property”) located in Pakistan. The Property consists of 2,230 acres of land and an application for additional 200 sq kms for exploration and production of coal located within the Navel & Planna Village, and Karjai Village, Tehsil and District Kotli, State of Azad Jammu and Kashmir (AJK), Pakistan.
Fast forward here, 4 months later, check out today's article in the Pakistan news paper today:
Power generation through Thar coal gasification by next year
'Pakistan Times' Business & Commerce Desk
ISLAMABAD: The country would start generating electricity through Thar coal gasification by next year, official sources said.“A project has almost been finalized to produce electricity by utilizing Thar coal reserves, which are one of the five largest coal reserves in the world,” they said.
The Thar coal reservoirs has the potential to generate 5,000MW electricity for at least 800 years to meet the growing energy demand of the country, the sources added.They said inexpensive production of electricity would bring an industrial revolution in the country, putting it on consistent path to progress and prosperity.