RE: SKY Frac Sand More Valuable than Coal and iron In price comparison to coal, SKY's ANGUS project alone contains more than 750 million ton of Frac Sand implying an equiavlaent of more than 1.5 Billion ton of coal equivalent!!!!
The other project Norad would be more than 2 Billion tons of coal equivalent.
Capturing 20 to 30% of the BC Frac Sand would result in a very huge cash flow for SKY starting 2014.
The best part is that SKY is selling at market cap less than $15 million, No debt, surrounded by Rail, Power & Road, located in mining friendly stable country Canada, and is targeting supplying FRAC sand to the massive Shale Gas Basins in British Columbia that will be supplying gas to Asia because of the close proximity of China & India to BC coast.