North America Frac Sand Inc (NAFS)

[Grayhair]

The original drill program suggested close to 6,000,000 tonnes. If 43-101 identifies a similar number and that ratio applies to the entire 39,000 acres, well, you do the calculation.

The aspect of this opportunity that is luring me relates to the potential risk vs reward. As I see it the down side risk would occur only if there is no resource, but given the previous drill program, that appears highly unlikely. If the resource is verified and NAFS starts to duplicate Select Sands price activity, the reward is almost irresistible.

Simply put, a $1500 investment could purchase 100,000 shares.
Down side minimum.
Upside (similar to Select Sands) of potentially $1.00+ per share ($100,000) could generate a great return. Will it happen? Or maybe the question is, "Is it worth the risk for this type of potential reward?"

This scenario is very intriguing.