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Select Sands Corp V.SNS

Alternate Symbol(s):  SLSDF

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

Bullboard Posts
Comment by chuck16on Sep 09, 2018 3:18pm
145 Views
Post# 28586890

RE:RE:RE:RE:RE:RE:RE:RE:Liberty termination of contract to take effect late november

RE:RE:RE:RE:RE:RE:RE:RE:Liberty termination of contract to take effect late novemberpatch...one thing you can do is also check how their competitors did in last 3 months....USA Silica collapsed in July.....went from $26 to $19....they are a big player in this space....The company is planning to issue a updated guidance in comming weeks according to Cody at IR......I spoke to him and he is quite frankly helpful and does not pump up the company.....Look if they got a call from Liberty and Liberty said we are executing our cancellation clause in the contract then thats transparency by the company.....i looked around at the competitors.....They are all down in last couple of months.....So i think its industry wide....and SNS are such a small player....the hit was huge....and yes i got creamed....but i hold no malice to the Company....I think they spelled it out......thats the small cap risk!
Bullboard Posts