RE:RE:RE:RE:News is outFloridas2000 wrote: thepbay wrote: Floridas2000 wrote: Oh my.
Summary the quality of Silica is top notch - one of the best in the world and there is a lot of it. It can be used in high purity applications which means that the margins will be extremely high.
There are a few really good holes, lots of meh holes, but the point is there will be more drilling/testing of the property. The goods are there, just need to find more. Should get a bump today. As for the Dr, I think you need to go back and read what I was actually saying and the responses to your posts. GL
pbay
Yes there are some excellent holes in there. Not every hole was of top purity but in a mine this size that's not realistic. However there is enough holes of high purity that it can service the high end market.
The potential is there and the speed they are drilling and their now current relationship with Anzaplan helps them alot going forward. This isn't frac sand we're dealing with.
What is up with this play. There is no volume, no excitement from the market. Is it too complicated for the market to understand it?? Or is it that no one cares about investing in silica (kind of boring). The news finally comes and we have no volume or interest at all. There was no volume or interest leading up to the news either. Is this a sleeper or what. I am glad I had some YFI for today news. That has been exciting over there today, lots of volume and the stock is up 24%.