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Bullboard - Stock Discussion Forum Select Sands Corp V.SNS

Alternate Symbol(s):  SLSDF

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... see more

TSXV:SNS - Post Discussion

Select Sands Corp > US Silica - "we are essentially sold out of sand proppant"
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Post by Frankie10 on Feb 25, 2022 1:31pm

US Silica - "we are essentially sold out of sand proppant"

Per today's earnings release:

"In our Oil and Gas segment, proppant and logistics demand improved sequentially, driven by stronger customer activity, particularly in 
West Texas. During the quarter, we also executed a number of contracts at improved prices as customers have been intent on securing proppant and delivery services for what is expected to be a very strong first half of 2022. Given these developments, we are essentially sold out of sand proppant."

Buckle up ladies and gentlemen.
Comment by Midtown007 on Feb 26, 2022 11:23am
From what I recall Select Sands has an Abundance of sand , the best quality Northern White sand all in Arkansas 1000 miles closer to the perminium basin.  Back around 5 years ago when Frac sand was in huge demand Select Sand ran to almost 2 bucks. That may sound aggressive but you never know. I think Select Sands did well to stay afloat the last couple of years when others did not.   It ...more  
Comment by yixter on Feb 26, 2022 11:58am
A couple of weeks ago Zig put out guidance of 100 00-110 000 however since then there has been lots of talk of frack sand shortages and one of the large Frack sand companies in the US said they sold out of sand for oil and gas sector. So SNS should see much more tonnage soon one would think.
Comment by yixter on Feb 26, 2022 12:01pm
 US Silica - "we are essentially sold out of sand proppant" Per today's earnings release: "In our Oil and Gas segment, proppant and logistics demand improved sequentially, driven by stronger customer activity, particularly in West Texas. During the quarter, we also executed a number of contracts at improved prices as customers have been intent on securing proppant and ...more  
Comment by Midtown007 on Feb 27, 2022 5:41pm
Speaking of US Silica    I see where their stock was up 20% on Friday.    If History shows us anything the large Cap's move first followed by the juniors .  Select Sands is in a greatr position.   Things in the Frac Sand Industry could really start to heat up !! Lets hope Select Sands can be a part of !!
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