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Bullboard - Stock Discussion Forum 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... see more

TSXV:CPS - Post Discussion

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Post by SimmsandKings on Jul 14, 2023 5:27pm

Silence

This company desparately needs to update shareholders after announcing in early May it needs to raise some $800 milllion to build a plant and be the first N American solar glass manufacture. Wow, the first N American manufacturer, that's hugely exciting, especially when the then market cap was about $38 million. Huge news but here we are today almost back to square one because they can't provide anything to back up their announcement. Unbelievable, how about the numbers to back up building the facility. They know them based on the estimates to build. They know about government incentives, they should know about local municipal assistance and they now have glass experts in house and yet they have nothing to say to shareholders. Come on CPS you can't just throw out your need for huge financing you need back it up and show how you will achieve your dream.
Comment by Niceneasydoesit on Jul 15, 2023 1:14pm
Starting to wonder if their business case is lacking an ingredient. Communicate please 
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