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.

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Select Sands Corp > Acquisition Target

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Comment by developbcon Jun 03, 2022 9:02pm

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Post# 34731197

RE:Acquisition Target

Frankie10 wrote: I'd love to get bought for 20+ cents here. WTI at $120, and our contract is almost expired. I'm sure at least one of our 3 main customers can absorb 100% of our max capacity output. No reason for them not to just buy us here and secure a sand supply.

I would be ok but not over the moon. So much potential here imho we are seriously undervalued.

Great thoughts by :

@Flasharoo Based on where oil is - I'm disappointed about 9 cents given the potential here. That said, if you believe Zig will solve the logistic issues and get this thing going at capacity... then being here is an absolute no brainer, as the broad market gets butchered. I like the asymmetry at this price. Happy to roll gains in here at this level.

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