Wednesday, February 22, 2017 3:09:46 PM
The article I just posted indicates a looming shortage of frac sand and potential logistics issues surrounding deliver. NAFS appears to be located in a perfect location to solve both these issues for the Alberta, Saskatchewan, and the Bakken demand.
I previously mentioned the potential demand in Alberta, it appears that Saskatchewan also has a huge potential demand for fracking. The Saskatchewan provincial government is also very supportive of this type of activity, both the development of the frac sand resource and oil exploration.
When the 43-101 is announced, I wonder if, as the previous article indicated, if NAFS could commence talks with potential customers for long term supply contracts.
NAFS could be on the edge of a perfect storm. Shortage of sand supply, increasing sand demand, close proximity the immense market, potentially favourable transportation logistics and a supportive governmental jurisdiction.
We just need more news to get this pony running.
Recent NAFS News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/04/2024 03:34:19 PM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM