Copper
Cum Gold: Humming In Pakistan
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Plus: WTH Is Thom?
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February 16, 2015
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TOKYO – There is rich and rocky landscaping taking place on the Pakistan minerals front.
?A Canada company,
Colt Resources, looks to benefit.
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Two fronts, actually.
-- ?Reko Diq, the vast
copper-cum-gold deposit that is under scrutiny by the
Balochistan government, and now sent to courts to review;
-- and an
iron-ore discovery that is getting some attention in Chiniot this week in Asia and the Middle East.
Our connections via
Colt Resources are active in the nation. Few Western shareholders, or mining media, seem to care about Colt's one-year effort to forge links to Pakistan and Afghanistan. That will change.
Reko Diq is enormous, coveted by many, including Shahal Khan and Richard Quesnel's
Colt Resource Middle East -- with financing roots in Montreal.
Colt Resources (our Colt -- GTP in Canada and COLTF in USA) is an affiliate of the Pakistan and Afghanistan explorer and investment firm. Lake Resources (LKE in Australia) is involved as a country exploration arm and partner of Colt Middle East.
REKO DIQ is what likely is driving Colt Resources shares here in 2015. The stock is among the biggest gainers since late December with increasing volume. Yet the worth of the Canada stock, which is the only public way into Colt Middle East, is slim. GTP shares barely reflect the worth of its longstanding tungsten and gold projects in Portugal.
Reko Diq is in legal limbo and arbitration among several parties and the government of
Balochistan.
At the same time, news of the
Chiniot iron-ore deposit has stirred interest in Pakistan's minerals potential.
Please see this full article at
https://thomcalandra.com/reko-diq-copper-cum-gold-in-pakistan/
Where The Hoople Is Thom? Just into Tokyo from Cambodia, where several bankers and financiers, along with a load of India engineers and executives, four big investors and 12 hardhat women supporters, are accelerating development of the kingdom's first commercial gold mine. At the same time,
Angkor Gold, which spawned the property in NE Cambodia and sold it to
JK Singh's Mesco Gold of India, is along with its India partner also advancing many of the social projects for the communities around the
Phum Syarung Mesco Gold Mine and across the entire Ratanakiri Province. Here is the author pictured in front of village water tanks installed thanks to Angkor's sister foundation, called
Advance Nurture Khmer (ANK) and operated separately as a non profit by Angkor Gold executives
Delayne and
Mike Weeks of Grand Prairie, Canada.
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-- Thom Calandra
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Thom Calandra & TCR are researchers and investors. They are not registered investment advisers. The research and material they offer to subscribers are meant as editorial opinion.