RE:corruptPatchHand wrote: There must be something that they aren't telling the average share holder. To be this low when they have an active mine and being at levels when this was all just a maybe...something is very fishy here.
There is nothing corrupt.
You all have had the blinders over your eyes for months, get pumped and dumped by a moronic newsletter guy who had a conflict of interest promoting the company, ignored the price action before/during/after stock promotion through 2016 - early 2017 and have stuck to a narrative nobody else cares about. If an investor wants exposure to sand companies, they can buy EMES, HCLP, etc... those companies are not penny stocks using promotional tactics to get their price up.
Some websites that hyped SNS in fall 2016 had a disclaimer which read they were compensated by the company. Look at how SNS has spent less and less on stock promotion each quarter. That tells you everything you need to know about the price action. You're wasting your time over the earnings report, fundamentals... it's all irrelevant. Price action comes first.
The Venture exchange follows a very simple formula: pennies to dollars (typically via stock promotion) and once promotion finishes, back to reality (usually below $1). Sell dreams to suckers is the name of the game in Canada. Meanwhile, insiders and promoters will sell into all that strength because they know what's going on and what will happen after.
Take it as a learning lesson and manage risk better. Waiting for SNS to come around in a market with ample opportunity elsewhere is downright stupid. If your capital in SNS is a tiny fraction of what you have available, then you expose yourself to less risk... putting all your eggs in one basket, averaging down, trying to "buy the dips" - recipe for disaster.