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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Post by Onedaylateon Sep 20, 2017 1:09am

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Post# 26717736

Snooze and looze?

So SNS didn't get to either accept or reject the offer. The offer was rescinded.
I am now thinking it was never bonafide. The drill results are possibly not great.
I hope SNS made the right decision to delay the decision.
It was certainly a distraction at least.
Stay focused on the frac sand business. Some analysts are now saying a complete turnaround in the oil industry is imminent. May the winds blow a fresh.

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