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 > Update

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Comment by Dexo89on Oct 23, 2023 3:38pm

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Post# 35696899

RE:RE:RE:RE:RE:Update

I think so. They've dialed back operations due to the soft sales to conserve capital and mentioned more leads for fourth quarter. A very disappointing year for sure, but maybe not surprising with the low number of new wells being drilled. Is anyone else surprised at record US production levels on the back of significantly lower numbers of rigs?

Some really big acquisitions occurring, hopefully that will lead to a nice big supply contract.

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