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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

Comment by mcintmaon Apr 07, 2021 7:44am
170 Views
Post# 32947643

RE:RE:Wow just 1 single up day in the last 3 weeks

RE:RE:Wow just 1 single up day in the last 3 weeksYeah a $300K bill for gas they (partly) didnt even consume is pretty hilarious, fairly confident they will negotiate that way down. Either way it's a 1-time freak storm event.

We'll see whether Mr. Market is looking fwd with SNS, and has already discounted this.

It feels like oil has been over $60 for a long time, but it's only 3 months ago that it turned, not enough time for frac sands shale plays to reactivate in scale (plus I assume Winter was not ideal for that anyway). That's the big unknown for me, how long before shipped sand volumes get the big uplift from increased shale activity.

SNS has some catching up to do to reach SLCA and SND % gains.

GLTA
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