Replies to post #7867 on Double Crown Resources Inc. (fka DDCC)

[Stephimac]

I think this move to market TransLock2 is smart and efficient. Also good to see the product passed all evaluations.

[magicman]

note well that the supply orders are developing and this will bode well for the future of ddcc. the scenario for a great outcome is all in place now.

[ProfitScout]

Here's the DDCC news from Tuesday showing up on Jim Cramer's TheStreet.com site: http://www.thestreet.com/story/13081352/1/double-crown-resources-details-progress-and2015-company-focus-in-letter-to-shareholders.html

[magicman]

the fact that the purchaser's own lab tests are proving the efficacy of the materials sent should be bolstering confidence in the future of ddcc's ability to deliver as promised.

[magicman]

the recent proxy will raise the capital necessary to get the translok supported and will ultimately prove to be a blessing in disguise

[ProfitScout]

Frac sand industry could get bigger
Posted: Monday, March 16, 2015 12:55 pm

By Jim Massey, Editor | [e-mail]

News Link: http://www.thecountrytoday.com/front_page/article_b99c7310-cc05-11e4-b393-bbd9f0cd45dc.html

MADISON — The Wis­con­sin in­dus­trial sand min­ing in­dus­try has grown rapidly over the last five years, but more ex­pan­sion could be com­ing in the fu­ture, the Depart­ment of Nat­u­ral Re­sources’ west­ern re­gional di­rec­tor said March 11.

Dan Bau­mann, the DNR’s spokesman for in­dus­trial sand min­ing, told mem­bers of the Wis­con­sin Board of Agri­cul­ture, Trade and Con­sumer Pro­tec­tion that in­dus­trial sand sites — also known as frac sand — have ex­panded from less than a half-dozen five years ago to more than 150 in 2015. Most of the sand mines are in west­ern Wis­con­sin.

The mines pro­duced about 30 mil­lion tons of frac sand in 2014 that left Wis­con­sin on trucks and rail cars for gas and oil fields in North Dakota, Ok­la­homa, Texas and Pen­nys­lva­nia.

“Depend­ing on which trade mag­a­zine you read, the state is still only at about one-third of (po­ten­tial),” Bau­mann said. “So when the price of a bar­rel of oil is high, we could be putting out 80 mil­lion tons.”

Bau­mann said there are still ap­pli­ca­tions com­ing into the DNR from in­dus­trial sand min­ing com­pa­nies, but get­ting those ap­pli­ca­tions through the per­mit­ting process and the mines opened some­times takes a long time.

“It is com­plex, work­ing with the town, county, the DNR and the (U.S. Army) Corps of Engi­neers,” Bau­mann said.

It is not un­usual for a mine site, com­plete with a rail­road spur, to cost $100 mil­lion, he said.

“If they’re mak­ing a $100 mil­lion in­vest­ment, they’re not plan­ning on pick­ing up and leav­ing in 10 years,” he said. “They’re look­ing to be a neigh­bor for 30 to 50 years.”

Bau­mann said the sup­ply of in­dus­trial sand isn’t lim­it­less in Wis­con­sin, “but it would seem to me that in our life­times, we’re not go­ing to run out.”

“When you think of ev­ery hill in Buf­falo County, that’s a lot of sand,” DATCP Board mem­ber Mike Dum­mer said.

“And Chippewa and Eau Claire and Trem­pealeau coun­ties,” Bau­mann said.

Bau­mann ad­mit­ted the sand mines have di­vided res­i­dents into those who be­lieve min­ing will be an eco­nomic boom for their com­mu­nity and those who fear the mines will have ad­verse ef­fects on hu­man health, road safety and the en­vi­ron­ment.

One landowner might sell land or min­ing rights for mil­lions of dol­lars, while his or her neigh­bor “is strug­gling to pay off the trac­tor,” Bau­mann said. “There are neigh­bors who have been neigh­bors for 30 years who are now en­e­mies.”

Wis­con­sin is a prime site for in­dus­trial sand min­ing be­cause of the qual­ity of the sand, Bau­mann said. As much as 70 per­cent of the fine-grain sand ex­tracted from the mines is us­able by gas and oil com­pa­nies for a type of oil and nat­u­ral gas drilling known as hy­draulic frac­tur­ing, or frack­ing.

Wis­con­sin is the na­tional leader in in­dus­trial sand pro­duc­tion.

“We have the most mines and the most sand — prob­a­bly as much as the rest of the coun­try put to­gether,” Bau­mann said. “It’s an in­dus­try that’s go­ing to be here a while.”

Bau­mann said the min­ing com­pa­nies know they have im­pacts in their com­mu­ni­ties and gen­er­ally have been good to work with. So far, no air sam­ples taken at the mine sites have ex­ceeded health stan­dards, he said.

While a typ­i­cal gravel mine might be 20 or 40 acres, the foot­print of an in­dus­trial sand mine might be 5,000 acres, with 400 to 600 acres open at a time, Bau­mann said. All of the sand is shipped out of Wis­con­sin.

A large plant can han­dle about 1 mil­lion met­ric tons a year.

The DNR doesn’t reg­u­late noise, light pol­lu­tion, blast­ing or land-use zon­ing, and some­times coun­ties and lo­cal mu­nic­i­pal­i­ties haven’t ma­tured enough to ad­dress those is­sues, Bau­mann said.

“A lot of town and county boards are re­ally chal­lenged with try­ing to man­age these sit­u­a­tions,” Dum­mer said.

The DNR does reg­u­late wa­ter use and air qual­ity, so that’s where the agency in­ter­acts with the mine op­er­a­tors, Bau­mann said. The DNR has 100 staff mem­bers who are in­volved with in­dus­trial sand min­ing at some level.

Some of the en­vi­ron­men­tal is­sues as­so­ci­ated with the mines have been bore­hole aban­don­ment, where the min­ing com­pany will drill a hole to gauge how far it might have to drill to ground­wa­ter, and then leave the hole open; the dry­ing up of wet­lands or neigh­bors’ wells due to high wa­ter us­age; and runoff from the mines into sur­face wa­ters.

The agency has worked with the Depart­ment of Jus­tice on some en­force­ment ac­tions against the min­ing com­pa­nies, Bau­mann said, with for­fei­tures rang­ing from $20,000 to $200,000.

“Our phi­los­o­phy is to be con­sis­tent, get the prob­lem fixed, and do it in a timely fash­ion,” he said.

Some min­ing com­pa­nies plan to plant the land into grass when they are done ex­tract­ing the sand, while oth­ers might build a pond or a cran­berry bed, Bau­mann said.

The Nat­u­ral Re­sources Board is plan­ning to re­visit a 2012 im­pact study with a strate­gic anal­y­sis to get a bet­ter feel for the im­pact min­ing is hav­ing on the Wis­con­sin en­vi­ron­ment.

The DNR will be­gin the re­view this month and plans to com­plete the re­view within a year, Bau­mann said.

[ProfitScout]

In Double Crown's PR last week they commented that the lower oil prices prevailing in the markets over the past several months have caused many driling companies to reorganize plans and make changes in the orders to their oilfield service companies. Double Crown is one of these oilfield service companies. It's a no-brainer that this has resulted in some projects taking longer than originally expected to get approvals and purchase orders signed. However, Double Crown also told us that things are gettting back on track now and their customers have been requesting finalized sales quotations and logistical planning for new projects. Product samples have also been shipped to Double Crown's customers, tested and approved. The next step is getting the contracts signed.

It's all in the news for those who take the time to read it.

From the March 17th release:

Next, we would like to address the oilfield commodity supply orders we have been developing over the past several months. Due to the reorganization of drilling projects in response to lower oil prices throughout the global markets, oilfield service companies, including Double Crown, have seen many changes to the types and quantities of products needed. Double Crown is pleased to announce at this time that our clients have been requesting finalized sales quotations for industrial quantities of our products. The sample products that were provided by Double Crown have all passed the purchasers' own laboratory testing with regard to quality and all pricing has been quoted for the costs of materials and logistics to the various destinations globally. As a result, we are now awaiting new industrial quantity pilot supply programs to begin in the very near term and we anticipate purchase orders to follow.

[ProfitScout]

The oil industry has some major restructuring and reorganization going on right now (as Double Crown mentioned in their recent news).
This, of course, has caused many plans across the industry to be delayed over the past few months. The upside is that such restructuring efforts result in a better environment for the future which is more suited to the market needs and projects can move ahead again.

Here's the biggest development right for the oilfield services sector...

Shareholders Approve $35 Billion Deal Between Halliburton Company (HAL) And Baker Hughes Incorporated

Bidness Etc takes a look at the $35 billion merger deal between Baker Hughes and Halliburton approved by shareholders of the two companies.

By: MICHEAL KAUFMAN
Published: Mar 30, 2015 at 12:11 pm EST

Link: http://www.bidnessetc.com/38325-shareholders-approve-35-billion-deal-between-halliburton-company-hal-and-ba/

[ProfitScout]

Double Crown Resources Announces International Patent Filing for TransLock² Interlocking Bulk Material Transport System and Details Significant Design Improvements

HENDERSON, NV / ACCESSWIRE / April 27, 2015 / Double Crown Resources, Inc. (OTCQB: DDCC), a fully reporting company, is pleased to announce that we have filed an International Patent Application with the U.S. Patent and Trademark Office, in accordance with the Patent Cooperation Treaty. This application was filed on April 13, 2015 and covers the unique and original TransLock(2) (TransLock Squared) interlocking bulk material transport system. Full engineering drawings detailing the most up-to-date design features of TransLock(2) and factory material specification sheets are completed and available. A new marketing logo for TransLock² has also been developed and will soon be submitted for trademark protection.

In recent months the TransLock(2) system design has been given multiple improvements to increase its overall efficiency and economic viability. One of the most significant benefits of the improvements has been a reduction in total weight of the container system by more than 4000 lbs with an actual increase in strength. This weight reduction was achieved through the employment of truss frame style engineered plating allowing stronger bends than flat sheet metal. Fewer welds and bolts are required which also lowers the amount of labor required for production and thus reduces the cost of each container unit. This is a method already proven and currently in use by manufacturers of trucking and other large transport equipment. Additionally, new construction materials have been employed, which, in addition to offering a higher tensile strength, also have better corrosion resistance for longer life and superior protection of the cargo from any contamination in transit or storage. One other improvement has been the incorporation of tamper-proof fasteners which can not be removed without specialized equipment.

Regarding these latest developments, President Allen E. Lopez commented, "Double Crown Resources is now positioning to launch the unparalleled TransLock(2) system into the international markets. With the most recent engineering improvements our team has made there is simply no other industrial commodity container that can match TransLock(2) for efficiency, material handling, product and environmental protection and, of course, cost savings to the user. TransLock(2) can actually offer all its advantages at the same shipping rate of a standard rail car. We are eagerly looking forward to the active commercial introduction of this system in 2015 as a game-changing technology."

About Double Crown Resources, Inc.

Double Crown Resources, Inc. (Trading Symbol: DDCC) is a public, fully reporting company in the natural resource development and supply business with a primary focus on marketing the patent-pending, multi-advantage container system called TransLock² (TransLock Squared). This system is designed for highly efficient, economical and environmentally friendly shipment of aggregate commodities to the oilfield services industry. TransLock(2) may also be used to transport fluid shipments for a wide range of other industries including agriculture, chemicals, construction, etc. Oilfield service & commodity supply projects are another main focus of marketing activity. Additionally, the company holds a 100% interest in the Bateman gold & nickel prospect near Thunder Bay, Ontario, Canada. Double Crown Resources, Inc., originally founded in 2006, is based in Henderson, NV with marketing offices in Houston, TX.

Neither this press release nor any related calls or discussions constitutes an offer to sell, or the solicitation of an offer to buy, any securities.

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Double Crown Resources, Inc., please refer to its website at http://www.doublecrownresources.com/.

Contact:

Double Crown Resources, Inc.
Jerold S. Drew, CEO & Chairman of the Board
10120 S. Eastern Ave. Suite 200
Henderson, Nevada 89052
[phone]
[e-mail]


SOURCE: Double Crown Resources, Inc.