Sunday, March 05, 2017 2:24:29 PM
1) Frac sand market is "hot" and demand is going to increase.
2) They are using the proceeds to pay for previous purchases and pay down debt.
3) Their main area of activity is in Western Canada, thus confirming that the demand for frac sand is there and it's increasing in demand for that part of the continent. (Good for NAFS)
4) Their main source of frac sand is form the US. (NAFS has a competitive advantage due to its property's closer proximity to Western Canada, thus reducing transportation costs)
5) $17.00 to $20.00 per share for a 2,000,000 ton per year annual capacity. If the market cap is $900,000,000 based on a 2,000,000 ton capacity. This suggests some great expectations for NAFS.
6) When NAFS releases the 43-101 we should do very well.
Recent NAFS News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/04/2024 03:34:19 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM