Select Sands Corp V.SNS

Alternate Symbol(s): SLSDF

Metals & Mining Industrial Metals & Minerals

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

Select Sands Corp

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Comment by GoldenDilemmaon Nov 02, 2016 3:13pm

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Post# 25417299

RE:RE:RE:shorts

Yes, as seen here on the hour our pennant is forming. Currently 1/5th of our usual volume. And as seen via the indicators, nothing is too overextended. Thus, I'd be surprised of a bearish break down.

In any case, I suspect market is awaiting this private placement to close. That additional 25% should put us past $1.20 on the news and I suspect the market priced it in last time.

Or, it moves in either direction on no news... but we need some volume!

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