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.025's just taken out EOD.ss
If 43-101 is ready, perhaps NAFS is waiting till Tuesday, after the holiday weekend, for release. ss
Probably, but it's gotta be good. ss
Oil is up over $51 again. Would be a good time for a nice 43-101.ss
Remember, report has to be decent.Thats where the risk is.ss
ALL depends on 43-101 report. If it's good, she runs and never stops, imo. Remains too risky for some until report is out, but then it will likely trade wildly for a time and super-cheapies are gone. That's the paradox with plays like this - The best entries are when the risk is highest.
All just my humble opinion as always. ss
That was one of the things that brought me here - NAFS is NOT being promoted or hyped. It is almost completely under the radar. The more hype in the early stages like what NAFS has just traversed, the more uncertainty and potential manipulation of the stock. Either way, though, if NAFS has the goods, it will explode, but probably just a bit faster than most because of the absense of hypesters and direct promotion by short-termers. Just my 2 cents. SS
Likely won't stay that way, but cool to see nonetheless.
... IF it's good.
For me this IS NOT a chart play. This is a moderate- to long-term BIG MONEY play. I'd rather have one 100-500 bagger than a bunch of small plays over time, many of which won't work out. NAFS will either fad on a poor 43-101 or be an outta-the-park homerun. Very little space for in-between, imo. The most potential for a killing than any other stock I've seen in a long time. Obviously I would plan on cashing out principal at .10 or so, but leaving the rest Moderate- to long-term. This is where the $$ is to be banked with NAFS, imo. BIG difference between .10 and $5.00 pps.
All just my very humble opinion. If the 43-101 is good and resouce is proven up. This CANNOT be less than a buck in in 6-12 months, imo, and will likely be pushing several bucks. If 43-101 in poor, than, well, we pick up our toys and go home, as I've said before. GLTA! ss
Probably. But remember, we know NOTHING until that report comes out. ss
Nice stack of shares, W. If you hold onto them, they may be worth something sometime soon.
No need for hype on NAFS. This is amazingly simple ... If 43-101 is good, we will be at .25 - .50 in short order and $1.00 - $5.00 within several months to a year with no hype at all, imo. In fact, hype can sometimes be unhelpful, as it tends to inflate the facts and looks to the short-term rather than the moderate- to long-term, which is where the real money will be made here, imho. It ALL rides on the 43-101. Period. End of story. We know NOTHING until that report comes out. We wait.
Did the CSI website just pop up or has it been there all along?ss
The float is something like 20M, which IS nothing. ss
Um... I'm actually floored. Can't believe I didn't put two and two together earlier. So, they could be in production right quick. If I read correctly, CSI has a plant already built and could immediately begin processing?
Question: Why the hall is NAFS trading at .015? Even SLSDF was in the .20's prior to their 43-101's. What happened to this thing? ss
What makes you say that?, xZx?
Website is still under construction. Wonder what the updates will be. Should obviously include findings from the 43-101 and outline the plans going forward, imo. If things are as they seem, NAFS WILL BE an outta-the-park homerun with bases loaded... in the bottom of the 9th. This has been a long game for many people, it seems, and it may just pay off bigtime in the very near future. All just my humble opinion. ss
Wow, super-crazy trading today. Volume is up. ss
Yes, definately explosive... IF 43-101 is decent, imo.ss
NAFS float = 18.2M and $14.62M enterprise value.
http://www.gurufocus.com/term/FloatPercentageOfTSO/NAFS/Float-Percentage-Of-Total-Shares-Outstanding/North-America-Frac-Sand-Inc
Nice low float. SLSDF (Select Sands) is where NAFS can be in 6 months, imo, but slsdf is having difficulty staying over a buck twenty due to much higher float and O/S. Long-term potential is obviously much higher with NAFS anyway, imo, but a buck would be a good start. . But... only with good 43-101's over next several months.
Interestingly, NAFS actually lowered their O/S by a million since the last 10Q. That'd be negative dilution, folks. Glad to see company borrowing from officers rather than destroying the share structure through dilution.
Lots of good things could happen here IF CEO stays motivated and develops this thing. The fact that he finally did get the 10K out and that it lookes very good suggests NAFS may have a story and the 10K was worth the expense. Otherwise, CEO would have just let it float onto the greys, as seemed the likely course last week. But viola - There it was yesterday!!! At this point it all now rides on the 43-101. That will be the ticket to the show ... if it's positive. If the report is good and further exploration proves up 100M+ tons of resource (as historical data has suggested), we're looking at a retirment maker, imo, with a several hundred million dollar market cap likely even if they were to just sell the resource to a big player. If the 43-101 is less than stellar, well, time to pack up the toys and go home.
All just my very humble opinion, as always. Do your own dd, which is what brought me here in the first place. Glad to see some progress here. ss
NAFS website still under construction.
http://www.nafsinc.ca/
I just like to stay in reality. I don't play games, I try to stay honest, and you have to admit it was beginning to smell with the late 10K and no report. 10K does look good, imo. ss
Wow, they haven't diluted. That's good. They also lowered A/S from 10B to 500M last year, if I remember correctly, so it seems they have no plans to do so. Hopefully they can do debt financing once the report comes out, provided it's positive. ss
Knock and the door will open unto you.
You have 55M shares? lol
Like I said, this will either be a disaster or a full-on outta the park homerun, imo. If CEO can produce, we may be quite happy. We shall see. ss
Good. Hope it happens, and all is what it is purported to be. ss
Lookin' like no news this week. CEO misleading again, it seems, if he told you, KEEMAJO, there would be news this week. This is the second time he has done this, if posters on this board are to be relied on. First he allegedly told someone "two weeks" and that was a month ago and now another possible lie. Integrity seems lacking here, people... Geez. Sad, but this may end up being just another penny dupe job. Sure looked good for awhile there, though. Just my opinion as always. Do your own dd. ss
Anybody call CEO lately?
Hi Grayhair. Here is the info directly from the OTC site, as to when the filings were received last year and the period covered through. I too am hopeful, by my hope has been waning of late because of CEO's apparent lack of motivation and followthrough. Who knows, maybe we will get some good news this week. ss
NT 10-K Mar 31, 2016 Dec 31, 2015
10-K Apr 14, 2016 Dec 31, 2015
Actually, that's not true Grayhair, from what I can see. Last year's annual was filed on 4/14/16 after the NT10K came out on 3/31/16, so they were within the 15 day period.
https://www.otcmarkets.com/stock/NAFS/filings
NAFS is now 20 days out from the NT10K and are setting up to have the "E" added to their symbol, formalizing their delinquency. I honestly don't know what this guy's thinking. Obviously, I've never met him but he seems distracted and unmotivated, squandering time, $$ and potential. If they can't come up with $40K, there's something wrong. Heck, they could maybe even give Northwest some shares just to get the 43-101 out to get the pps up so they can do some real financing, provided the report is positive. There's some piece of the puzzle missing here, imho, but who knows. Maybe the results are actually marginal and CEO is stalling. When a guy puts a vacation ahead of a multi-million dollar venture, you know that it, well, might not be a multi-million dollar venture.
Just my 2 cents. We will see in short order if he's been lying and making stuff up. If nothing happens next week, I think we can probably kiss this goodbye, pick up our toys and go home. Just my very humble opinion as always, ss
I highly doubt they will, Grayhair. Afterall, he's on a "working vacation," as someone said who called him, and wouldn't want to be interrupted. lol. ss
Watch for the "E" to be added to NAFS for being delinquent on their 10K. How strange this company is, imo. If they have an actual resource, why squander the opportunity to fund and develop it into the dollar pps range? Anyone else think NAFS is beginning to fail the smell test? Here's to fearing the worst and hoping the best. Another day in penny land. ss
Interestingly, NAFS has a 5-star Rating from Morningstar, as being very underpriced, even as it stands.
https://www.otcmarkets.com/stock/NAFS/quote
CEO doesn't exactly sound motivated. It's weird. He has what seeems a awesome opportunity for a several hundred million dollar market cap, but squanders it away on "working vacations," may be delinquent on his filings and doesn't get vital reports out on anything close to a timely basis.
NAFS is beginning to fail the smell test, from my point of view. All just my opinion. Do your own dd folks. ss