Silica is the New Gold, Morgan Stanley Analyst Expects Shortages for Years - Rogue Resources Inc. Appears Poised to Yield Results
ACCESSWIRE - Thu Sep 04, 4:29PM CDT
New York, NY / ACCESSWIRE / September 4, 2014 / Market Equities Research Group has published insight on the opportunity for investors in publicly traded silica producers and select junior miners with solid high-purity silica prospects -- Rogue Resources Inc. (TSX VENTURE:RRS) (OTC:GCRIF) is identified in this newly issued market bulletin report. Bloomberg noted last week that the stock price of publicly traded silica producers have been on an impressive and steady rise. The growing use of fracking (extracting oil and natural gas from shale formations) has contributed to a surge in share prices of U.S. companies which supply high-quality sand to energy producers. When used in the fracking process, silica helps prop open fractures in shale, which eases the flow of oil and gas. Bloomberg reported that investor demand does not look set to stop anytime soon, quoting "Sand is the new gold" from Ivaylo Ivanov, founder of Ivanhoff Capital. Additionally, Ole Slorer, a New York-based analyst at Morgan Stanley, expects demand for fracking-grade sand in 2016 will be 96 percent higher than last year's level. He expects shortages for years, with supplies in 2016 trailing demand by 10 percent.
EMES: 55.25 (+1.80), HCLP: 37.88 (+0.99), RRS.VN: 0.040 (-0.005), SLCA: 29.82 (+1.25)
Rogue Resources Uniquely Diversified/de-risked; Advancing High-Purity Silica, Gold, and 18 Million Lbs of Nickel
ACCESSWIRE - Fri Aug 01, 6:48AM CDT
New York, NY / ACCESSWIRE / August 1, 2014 / Rogue Resources Inc. (TSX VENTURE:RRS) (OTC:GCRIF) is the subject of a Mining MarketWatch Journal Review. RRS.V is a uniquely diversified/de-risked junior miner currently advancing projects on several commodity fronts, three of which present substantial near-term catalyst potential and make RRS.V an exceptional risk-reward scenario.
RRS.VN: 0.040 (-0.005)