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 > $139,000 per month or 58% Undprecedented SG&A

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Comment by Frankie10on Nov 24, 2021 11:42am

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Post# 34161713

RE:RE:$139,000 per month or 58% Undprecedented SG&A

It baffles me you used to run a public company.

I don't have time to correct every error you made. But for your understanding - the size of a business should be assessed based on enterprise value not market cap.

This is honestly sad and embarrassing.

The options awarded are well earned and deserved, IMO. While companies such as Hi Crush and many others filed for bankruptcy during the pandemic, Zig and the crew rebuilt SNS and continue to build with the goal to reach operating capacity of 150k tons per q. Last time we hit this level the company generated more than $2M EBITDA in a q. You should know, you were there at the time.

Wish you all the best Mr. Mohammad.