Select Sands Corp. (SLSDF)

[56Chevy]

Potential Opportunity In Frac Sand Market: Select Sands

Steven Ralston, CFA
Special situations, CFA

Overview

Headquartered in Vancouver, Select Sands (OTC:CLICF) (TSX:SNS.V) is an early-stage frac sand (oil & gas proppant) company engaged in the exploration and development of a frac sand property (Sandtown) located in northeast Arkansas near Cave City. A recently completed NI 43-101-compliant Mineral Resource Estimate and PEA includes a resource estimate of 22 million tons of medium-to-fine-grained, well-rounded, high-purity sandstone, which is prospective for use as frac sand and other industrial silica applications.

Strategically located closer to the major Texas and Louisiana shale plays than the Wisconsin sources of frac sand, the Sandtown property has intrinsic logistical advantages versus competitors.

In October 2014, the company entered into an option to acquire a 100% interest in the 520-acre prospective....

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*further reading of this past article from Seeking Alpha Pro requires a membership..never-the-less the opening comments reveal a favorable opinion.

http://seekingalpha.com/article/3332015-potential-opportunity-in-frac-sand-market-select-sands

Marker:
Select Sands Corp. ( (CLICF)
$0.343 up 0.0121 (3.66%)
Volume: 2,000