Sand Is the New Gold

by Ivaylo Ivanhoff, Ivanhoff Capital

During the Gold Rush in the 1850s, merchants made a lot more money than gold diggers. During the fracking rush of our time, some of the biggest winners have been sand producers.

Fracking is a process of horizontal drilling for crude oil and natural gas. It requires thousands of tons of sand.

The three publicly traded sand companies have more than tripled in the past year – $HCLP, $SLCA and $EMES.

Screen Shot 2014-08-28 at 7.48.27 AM

I like the way HCLP is looking here. It is showing notable relative strength in a red tape as it is trying to break out from an eight-week base.


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.


Copyright © Ivanhoff Capital

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