After their recent supply agreement this month, Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) has transitioned into a producing company. Writing for Seeking Alpha, Steve Goldman, a commercial litigation lawyer and senior partner in the Toronto law firm of Goldman Hine LLP, notes as to why he thinks Select Sands is his pick of 2017.
Please see an excerpt and a link to the full article below.
Select Sands: One Of My Top Picks For 2017
- Select Sands is an industrial silica sand company (with quarries located in Arkansas) which has recently transitioned into a producing company and is now selling into the oil & gas sector.
- The demand and pricing for frac sand in the US oil & gas industry is growing.
- On March 17th, Select Sands announced it had entered into a long-term supply agreement, which it expects will generate sales in excess of 1 million ton/year.
- The company is undervalued. With demand and pricing for its sand increasing, and with the upcoming catalysts, Select Sands is one of the author’s top picks.