Double Crown Resources Inc. (fka DDCC)

[ProfitScout]

Today's news from DDCC does say the barite from China was procured for a long term contract with a major drilling company. That's what we really want to see announced here.
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HENDERSON, Nev. (BUSINESS WIRE) -- Apr. 1, 2014 -- Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company, (hereinafter, "Double Crown"), is pleased to report the signing of a new, 8 year Master Purchase Agreement (MPA) with a strategic mineral mining company in China for monthly shipments of high grade barite. This agreement will provide Double Crown with 30,000 metric tons of high grade barite per month (market value approximately $5.5 million per monthly shipment). The MPA was negotiated and signed to procure product for a long-term oilfield service contract with a major petroleum drilling company now in late stage development and near finalization.