DDCC trading volume is up a lot lately and this stock always has its ups and downs as investors position themselves while others try to flip for a few quick bucks. The real potential here is for the longer term as the company signs the major contracts that are in development.
From today's PR that time is coming...
HENDERSON, Nev. (BUSINESS WIRE) -- August 19, 2014 -- Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company, (hereinafter, "Double Crown") today provides an update on new developments with the company's first commercial order for high grade barite ore from our source in Mexico to a well established oilfield service company based in Texas. The customer has now requested we plan for an additional 200 metric ton shipment of high grade barite from our 2nd Mexican mine site. The new request came after their certified geologist inspected and approved our 1st mine site earlier this month. Inspection and approval of the 2nd mine site is currently being arranged. Although we are ready and able to ship product immediately, at the customer's specific request, both shipments will be planned for the month of September which is the soonest the product can be put to work at active oilfield test drilling sites. Upon successful completion of test drilling operations, it is anticipated that our customer will move forward with the signing of a planned, 5-year supply purchase contract for regular monthly shipments of Double Crown's high grade barite product.
AI
