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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 TheRexmemberon Mar 07, 2022 9:28pm
134 Views
Post# 34493407

RE:RE:RE:Predictions

RE:RE:RE:Predictions

They ran up a bit all right - I remember 1.70 for sure. I think they were looking at a big plant expansion at that time because the business was doing so well. along with a big rail loop so they could load 100 cars in a stretch. When prices collasped they dropped the expansion and the land option. That is all of the negative news. 


the really positive part is that they had to drastically cut costs and later completely reconfigured the mining set up. They don't need to handle the sand as many times. Fewer trucks, cheaper trucks and costs fell something like 10 bucks per ton. 

This is a premium product and no cares about price right now anyway. 


if they can ship it they can sell it.  

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