Frac Sand More Valuable than Coal and iron A ton of FRAC sand goes for around $200 to $250.
In comparison, a ton of iron ore cost around $140 while thermal coal goes for around $100.
In terms of price, it would be reasonable to say that a ton of FRAC SAND in BC currently commands higher price than coal and iron ore.
SKY has estimated that the operation cost to produce 1 ton of FRAC Sand form their Angus Project is around $36. Even at OPEX of $100 per ton, this would be highly profitable at current FRAC price.
SKY owns 2 assets with more than 2 Billion tons of FRAC Sand on surface. More valuable that 2 Billion tons of Iron Ore......................Trading at market value less than $10 million.
SKY - Stikine Energy is a strong BUY!!!