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

Bullboard Posts

Comment by PatchHandon Oct 15, 2018 11:57am

131 Views

Post# 28802225

RE:RE:If the stock is so cheap why isn't managment buying?

You were saying....lol

Frankie10 wrote: With all due respect, you sold a company significatly below it's FMV and even below it's liquidation value - I would suggest you invest in mutal funds - you're a bit too emotional for this game. This is an oppertunity not a crisis.

Insider holding for just Zig and Rassol per Sedi (below). Both have around 3 million shares/options/warrants each. That's good enough for me considering their insider positions and salaries grow with the company. Fundamentally, at this deflated price, its hard to find negatives of a company trading half it's book value, P/E of 3 and P/EBITDA of 2.5.

It was my understanding you got emotional and liquidated your entire position - if that's the case you should probably bow out. You're negativity is bumming everyone out while we eagerly wait for positive news. I wish you all the best of course, but I hope you consider my previously stated advise.

Insider Name: Vitols, Zigurds Romans

Insider Relationship: 7 - Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)

Ceased to be Insider: Not Applicable

2018-01-03 Common Shares 560,000

2018-09-28 Common Shares TD Ameritrade 47,950

2018-04-13 Options (Common Shares) 1,750,000 1,750,000

2015-08-13 Warrants (Common Shares) 62,500

Insider Name: Mohammad, Rasool

Insider Relationship: 4 - Director of Issuer

Ceased to be Insider: Not Applicable

2017-06-19 Common Shares 1,534,500

2016-09-09 Options (Common Shares) 1,527,500 1,712,000

2011-02-24 Warrants (Common Shares) 62,500