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Canadian Premium Sand Inc V.CPS

Alternate Symbol(s):  CLMPF

Canadian Premium Sand Inc. is a Canada-based supplier of patterned solar glass. The Company is developing manufacturing capacity for ultra-high-clarity patterned solar glass through the Company-owned facility to be located in Selkirk, Manitoba. The facility utilizes low-iron silica sand from its wholly owned Wanipigow quarry leases and renewable Manitoba hydroelectricity. The Company is engaged in the process of raising sufficient capital for construction and operation. The Company has over 41 contiguous quarry leases located approximately 160 kilometers north of Winnipeg, Manitoba (the Wanipigow Sand Quarry) that grant the Company the exclusive right to quarry silica sand which the Company intends to use as feedstock for the patterned solar glass manufacturing facility.


TSXV:CPS - Post by User

Post by SimmsandKingson Jul 21, 2023 3:25pm
164 Views
Post# 35552048

CEO’s obligation

CEO’s obligationIt is an obligation for a CEO of a public company to keep shareholders informed of all progress
good or bad, Our CEO made a blockbuster good news announcement last May 11th and it is  impossible to believe in the two and one halve months since that nothing has happened. His strategy of no news isn't working just look at the share price chart since May 11th. He expects to raise some $800 million to achieve his objective to become a producer of high quality solar glass with a revenue base of some $300 million with an18%+ rr. This is a major major increase in company value and yet today's share price is hopelessly non reflective of it. The shares went up on the announcement and down because of a ridiculous strategy of not following up. If anyone agrees with this please tell the company your thoughts.




Our CEO is new at this but resolutely has stuck his heels in regarding providing news. I suggest he looks at 
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