I understand the pain.....Most folks here afre feeling, like Longonsilver & Treehugger.......i truly do BUT you must understand yourselves that there's NOT MUCH you can do besides what you decide to do with the shares you hold. That's it. I've been investing in these markets for over 30 years AND i've seen it all.......literally ALL. I can count the amount of times i've seen companies, especially highly speculative Canadian plays like this run into issues where mgmt is non reactive or responsive to investor's cries of clarity AND things degenerate leading to s/h revolts like we are witnessing now. If you want to salvage what is left not only of your money BUT your health & sanity as well. Which i believe is more important than ANY financial loss. So i strongly suggest investors here take the following advice which i'll freely & gladly give.
In this situation, there's is still SOME hope of recovery IF you recently bought under a dime. Anyone else or any s/h who's been hloding for years, i cannot help you recover all of your investment here. That's not realistic & most likely not EVER possible. Like i said from the very beginning, this is a cheap long term play on the eventual explosion in gold & silver prices. Imo, there's a very good probability of this happening sometime in the next 12-18 months. When it does, this should double, triple or even get close to 0.20 cents depending what the company does. In other words, the forthcoming FOMO from crazy investors will raise ALL boats EVEN total garbage like this company.
So at the very least most of you who bought recently will recover most of your losses in the next 12-18 months. If you have the patience & you can afford to hold on. The only question remaining is this, should you get out now & take a loss here at these levels to move into something better? That my friends is a personal decision. Imo, if you decide to go from one highly speculative play into another then that's like playing Russian Roulette. It could work for the better OR things could get alot worse and you take additonal losses. The only advantage you have by staying here & waiting is that you're familiar with the company, the issues AND most of the horrible things have been already priced into the stock. This will probably NOT be the case if you decide to jump ship into something else that's unknown, unless you have intimate knowledge or you're VERY lucky. Like i keep on harping, there will be an opportunity to get out but it's definitely NOT now. Not for me anyway.
When i bought this company after much DD, it wasn't selected out of the blue out of many others. There were solid reasons behind it, a calculated rational and a very precise obective in mind. This is why i rec'd others here also buy in at these pirces. Unfortunatetly for us & for me, the failure to identify & realize that this is/was a "lifestyle shell" company not nearly early enough has cost us greatly. This & the company's faliures on all fronts was a complete investment disaster for anyone invested. So i suggest for shareholders here to not look back but look ahead, what has happened has happened and you cannot change or undo what has occurred.
My advice here is this. IF you have other investments in this sector & you can afford to hold on a bit longer then wait, wait for the opportune time to unload. Which imo is definitely NOT now. BUT if this is your only exposure to gold or silver & have nothing else, then i STRONGLY suggest you sell a portion of your invesmment to diversify into something better with more potential. Which hopefully is NOT another lifestyle shell like this one. Because when the time comes & the sector starts to move, you don't want to be left behind with a dead stock & watch everyone else make money except yourself. You want to be proactive here & make sure you do whatever possible to avoid that situation. Even if it MAY cost you a little in the interim.
This is the best advice i can give folks here to slightly relieve their suffering with this investment. The final decision of what to do.....is yours. I hope this commentary has or will at least help some you.
Just one final note here. As everyone knows the company & its mgmt ahve been non transparent, non responsive to s/h and have even blocked a few on their twitter account like our dear poster Longonsilver. They basically shut everyone out & are going dark. Their only response......is increasing that ridiculous PP by 50% last night. Folks here know that Silver Sprout mgmt follow & read these social media boards, So my query or comment is this, did they increase that PP on purpose out fear or spite? You decide.
Good luck & God speed