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Canadian Premium Sand Inc CLMPF


Primary Symbol: V.CPS

Canadian Premium Sand Inc. is a Canada-based company, which is developing manufacturing capacity for ultra-high-clarity patterned solar glass through the Company-owned facility to be located in Selkirk, Manitoba. The facility utilizes low-iron silica sand from its wholly owned Wanipigow quarry leases and renewable Manitoba hydroelectricity. The Company is engaged in the process of raising sufficient capital for construction and operation. The Company has 41 contiguous quarry leases located approximately 160 kilometers north of Winnipeg, Manitoba (the Wanipigow Sand Quarry).


TSXV:CPS - Post by User

Post by SimmsandKingson Jul 14, 2023 5:27pm
113 Views
Post# 35542043

Silence

SilenceThis company desparately needs to update shareholders after announcing in early May it needs to raise some $800 milllion to build a plant and be the first N American solar glass manufacture. Wow, the first N American manufacturer, that's hugely exciting, especially when the then market cap was about $38 million. Huge news but here we are today almost back to square one because they can't provide anything to back up their announcement. Unbelievable, how about the numbers to back up building the facility. They know them based on the estimates to build. They know about government incentives, they should know about local municipal assistance and they now have glass experts in house and yet they have nothing to say to shareholders. Come on CPS you can't just throw out your need for huge financing you need back it up and show how you will achieve your dream.
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