Ann: Silica Sand Processing Plant Design and Costs, page-15

There has been blatant ramping of this stock during a downtrend and I argue this reduced the severity of the fall in price up to this point. The ramping suggested the feasibility study would send the share price north of 20 cents.
We now have the feasibility and it doesn't paint a picture for a $1b company by 2020 so everyone who got in for that takeoff have now bailed out. Those rampers don't have deep enough pockets to stop the run. It's simple, too much enthusiasm burst this balloon before it could be let loose.

Credit to Pilbars, he called it closer than anyone else.

I am not disappointed by the numbers, only wondering where the funds would come from. If BM had any inclination about the construction costs then why didn't he do a CR at prices above .10c?

The other thing is momentum, the glorious rhetoric now has nothing to draw on to sustain or build optimism. Talk will be dominated by funding speculation in a toughening market. Ouch.