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 LeMarcuson Apr 24, 2017 10:59pm

198 Views

Post# 26160657

RE:Share Price

ISpyBreakouts wrote: Its interesting to see the falling share price over the last week....

Pre-tax NPV of 160 million on 42m tons... add another 49m tons and what do you think that does to the valuation? Sure even if the efficiency of the new property wasn't as good, it'd still be at least another 100m in value to the company

I'm definitely a buyer here. By every metric the stock is undervalued and will have a fantastic future

I guess, the NPV won't change with more ressources. Unless capacity is upgraded. With PEA capacity at just below 1M ton per Year, and 40 years of resource, DCF value of 25 years+ profit is almost 0$. Unless capacity is upgraded, resource just makes it more attractive assest for Buy-out, but NAV won't change.

I guess that with the 1M tons / year agreement they have, they will work on capacity...

SNS is a great story.

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