Investment Matters

Company news: Heemskirk

Heemskirk released its third quarter activities' report, for the period ending 30-Jun-16.

Construction progressed on the Canadian Moberly plant and associated infrastructure.  This included excavation, foundation and structural steel erection for buildings, work on the rail line and associated infrastructure, and commencement of the mine haul road.

The report also included an outlook for frac sand demand in 2017 and 2018, which was positive.  Research from three entities indicates use of more proppants (frac sand) than in the past, as drill length increases.