RE:RE:this is a waiting game nowMidtown007 wrote: Every article I read regarding drill counts are almost dounle what they were a year ago, Frac sand in huge demand, Select Sands has a huge resource of High Quality Northern White Sand in Arkansas which gives it a huge competitive advantage being 1000 rail miles closer. 4-5 years ago when Select Sands was approaching 150,000 tons/quarter the stock ran close to 2 dollars. I gotta think that they are operating currently at least 105,000 to 110,000 maybe even more . All indications are demand is going to continue to increase.
It's hard to imagine the stock price staying down at this level. Not sure what the catalyst will be but I really think this may go on a nice upward run soon.
Definitely lot of upside here with the insane demand of northern white sand. SNS is really well positioned.
I just looked up the historical sp of SNS as I do remember clearly sp touched over $2 at one point. So here it is..the day it closed at $1.94...hit $2.04 intra day.
Feb 06, 2017 1.8500 2.0400 1.8400 1.9400 1.9400