Chris Cline (GTac) enters Sand Frac Frenzy

By the way, conspiracy theorists, Wendy and other sources discovered last evening that Chris Cline, of GTac fame, is a major stockholder in Natural Resource Partners (NRP on the New York Exchange). Just by coincidence, NRP acquired “major frac sand mining assets” in western Wisconsin in the last year. I bet that somehow, Tom Tiffany was aware of that when he composed (via ghost) his latest bill! Talk about killing multiple birds with single stones

NRP has a capitalization of $2 billion, sells for about $20/share and pays 10.65% dividend.

Natural Resource Partners L.P. Acquires Wisconsin Frac Sand Royalty