Mississauga, ON -- (SBWIRE) -- 10/12/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Double Crown Resources Shares Surge On Intermodal Transport System Update."
Companies mentioned in this article include Double Crown Resources Inc. (OTCPK:DDCC).
Article Excerpt:
The metals and mining sector has had a mixed year as commodities prices have fluctuated. The sector began the year on a disastrous note following a sell-off in commodities due to the slowdown in China. However, prices bounced back in March, leading to a sharp rebound in metals and mining stocks.
While the sector has bounced back from its lows, it remains under pressure as the outlook for commodities such as iron ore and copper remains bearish. While the iron ore market is not expected to rebalance until at least 2020, the copper market is likely to turn to a deficit by 2018.
Despite the near term bearish outlook on the metals and mining sector, shares of Double Crown Resources Inc. (OTCPK:DDCC) are soaring in trading today. Based in Henderson, Nevada, Double Crown Resources is an exploration-stage company, focusing on building a portfolio of producing mineral properties through acquisition of properties that are in production or have the potential for near-term production. The company plans to participate in negotiations and discussions with joint venture parties regarding sourcing frac-sand, barite, guar gum and other industrial chemicals and establishing the infrastructure to deliver these materials to oil and gas drilling sites.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special-reports/679/double-crown-resources-shares-surge-on-intermodal-transport-system-update.htm
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