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Select Sands Corp SLSDF


Primary Symbol: V.SNS

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 Frankie10on Jun 28, 2021 9:36am
123 Views
Post# 33459042

RE:RE:US Gov Helping Fix the Balance Sheet While Sales Ramp Up

RE:RE:US Gov Helping Fix the Balance Sheet While Sales Ramp Upit clealy did. but that is already baked into the financial position of their most recent financials. only change from the current finanaical position will be the forgivness of the debt, an increase in working capital and new debt of 600k, and hopefully some reimbusement of the gas bill once settled. other than that, the cash flow should be operational - which at ~80k tons/q with the new efficencies from the reconfig, are hopefully position in a big way. if the case, once this starts printing cash and paying down debt - traditional valuations methods will yield a positive result compared to current market cap and this thing should moon. GLTA
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