Select Sands Corp SLSDF

Primary Symbol: V.SNS

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 > Update

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Comment by biggameon Nov 23, 2023 9:11am

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Post# 35749798

RE:RE:RE:RE:RE:RE:RE:RE:Update

management is so far defying financial gravity.there are some serious debt payments coming up $3.385mil in2024. running at 20-27% of capacity is not cutting it. Alternate markets not a new idea, refer to 2016 article

https://stockhouse.com/opinion/independent-reports/2016/02/09/select-sands-sns-v-to-diversify-from-oil-gas-market

continues million dollar plus quarterly losses are insane

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