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Select Sands Corp SLSDF


Primary Symbol: V.SNS

Select Sands Corp. is a Canada-based industrial silica product company, which wholly owns a Tier-1 silica sands property and related production facilities located near Sandtown, Arkansas. The Company is engaged in mining its 520-acre site in Arkansas named the Sandtown quarry. The property is underlain by the Ordovician St. Peter sandstone formation, the source of industrial silica sand Ottawa White frac sand, selling into various United States oil and gas and industrial and specialty end markets. These properties include sand sphericity and roundness, crush (K Value), acid solubility, turbidity and silicon dioxide (SiO2) content. The Company is focused on developing this business to enable commercial silica sand sales to industrial and energy customers. Its Plant Reconfiguration Project includes installation of dry-process equipment at the Diaz Rail Facility.


TSXV:SNS - Post by User

Comment by Frankie10on Apr 19, 2023 10:57am
96 Views
Post# 35402957

RE:RE:Someone Poke It

RE:RE:Someone Poke Italmost half a milli EBITDA per Q or $2M annualized while running at a fraction of capacity. This has the ability to scale into a cash printer. We are nearly 7 months delayed on data - let's see what happens.

I appreciate differing opinions from my own that challenge my investment thesis, but what you said is non-sensical. Could you expand on how you see insolvency in a company that is well capitalized for more than 5 years out at below market financing rates with millions in positive EBITDA and lots of runway to build upon. Thanks.

i expect this to be taken out by their largest customer. lots of M&A happening in energy sector, specifically the Permian. 
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