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Bullboard - Stock Discussion Forum 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... see more

TSXV:CPS - Post Discussion

Canadian Premium Sand Inc > CEO’s obligation
View:
Post by SimmsandKings on Jul 21, 2023 3:25pm

CEO’s obligation

It is an obligation for a CEO of a public company to keep shareholders informed of all progress
good or bad, Our CEO made a blockbuster good news announcement last May 11th and it is  impossible to believe in the two and one halve months since that nothing has happened. His strategy of no news isn't working just look at the share price chart since May 11th. He expects to raise some $800 million to achieve his objective to become a producer of high quality solar glass with a revenue base of some $300 million with an18%+ rr. This is a major major increase in company value and yet today's share price is hopelessly non reflective of it. The shares went up on the announcement and down because of a ridiculous strategy of not following up. If anyone agrees with this please tell the company your thoughts.




Our CEO is new at this but resolutely has stuck his heels in regarding providing news. I suggest he looks at
Comment by 1dollarinto2 on Jul 22, 2023 11:11am
I'm not sure what you are hoping the CEO would say right now, they were pretty clear in the May news release on financing and that they wouldn't be updating until they had a definitive outcome.  "The Company is pleased to announce the initiation of a formal process to raise external capital to finance construction of the Project. The Company has engaged Fort and Peters as co ...more  
Comment by SimmsandKings on Jul 25, 2023 9:12am
Your opening bid of $200 million is so far away from today's value of less than $40 million it perfectly demonstrates why follow up progress reports are so important. The message has simply not got across to investors and the company needs to address this. After all, as a green energy company to be we are part of the number one topic of the day. Let's join in the conversation. We'd be ...more  
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