Good News About Pakistan

World's 5th largest gold, copper reserves found in Pakistan 

The world's fifth largest reserves of gold and copper were discovered in Chaghi area in Pakistan's southwest Balochistan province, local newspaper The News reported on Thursday.

Director General of Provincial Department of Mineralogy Maqbool Ahmed said that two multinationals, Canadian and Chilean-firms, which were issued licenses 10 years earlier for exploration of gold in the Bekodik area, have completed the exploration work and have chalked out a project for the extraction of gold and copper.

In the preliminary stage, the two companies will invest a billion U.S. dollars in the project, Ahmed said.

According to Ahmed, 200,000 tons of copper and 400,000 ounce of gold will be produced annually through the said project.

The Balochistan government will get a share of 25 percent. With the start of the project, employment will be provided to 3,000 youth of the province.

According to Ahmed, there are gold reserve in Zhob and Lasbela districts of the province and nine multinationals have been issued licenses for their exploration.

However, the opposition parties in the province expressing their reservations charged that federal government wishes to loot the resources of the province.

Source: Xinhua 


OGDC finds 4200 barrel oil, 17 mmcfd gas with Nashpa well

KARAK: Oil & Gas Development Company (OGDC) has discovered oil and natural gas with its Nashpa No. 1 exploratory well, drilled in Karak district in NWFP. The well flowed 4,200-barrel oil and 17 mmcfd of natural gas per day. OGDC officials told Geo News that the discovery was made upgradation of the Nashpa Well-1 in Karak. Pakistan Petroleum Limited (PPL) and Government Holding Petroleum Limited are jointly working on this discovery. Earlier, 3000 barrels of oil and 9.7 mmcfd gas had been discovered from the same place on August 31. 2009.

Why Pakistani Media is Showing Indian Content

We have forgot the words of our Pakistan's greatest leader and philosopher Muhammad Ali Jinnah and Allama Iqbal that hindus and muslims are opposite poles which can never come together. And our media is going totally opposite to this idea. Our media has dedicated itself to promote Indian content in Pakistan (including movies premiers,dramas, songs and bunch of useless stuff). Our youth is already on the wrong track (again thanks to our free media), we have given up our religious values, we have lost our integrity and credibility but that is not our point of concern. Everybody is concerned to make money whether it destroys our religious values, our cultural values or our social values.
Go beyond borders, Indians hate Pakistanis neither their media praise Pakistanis nor they show Pakistani content on their TV channels. So why we are watching Indians Content, why our media is showing this to us, why don't we raise our voices to bring change. I request to every Pakistani to raise their voice please show them that we have enough strength to bring change.

Rising Gold Prices

Rising Gold Prices indicating the true picture of the economy, closing rate on Friday (20-Nov-2009) was 31,800/10gms which simply means out of the reach. People have already shifted to artificial jewellery but now even rich cannot afford to buy gold. Gold was a premium choice for mid income groups to offset the effect of inflation but the trends have shifted to an alarming situation, people are losing there jobs gold traders are not investing much in gold, they are trying to diversify there risk by shifting to other businesses. The role of government is clear in this whole situation.

PTCL EVO Failure or a Success

PTCL EVO is getting more and more popularity, what do you think? Share your experience