North America Frac Sand Inc (NAFS)

[SouthSea]

What is the float? Scottrade says 50M, but OTC site says 4M and Yahoo, I think, says 9M. Thoughts? I've researched the segment, and some other companies with similar, albiet smaller, potential in terms of location, are at many multiples of this market cap, i.e. SLSDF with about the same stock structure (it has a little larger o/s and float) and is producing some, has a $114M market cap versus 800K for NAFS. So, could be a good opportunity, though risky. I will definately think about this. ss