SUNERGY, Inc., a Nevada corporation (OTCQB:SNEY) is a publicly listed and traded, production oriented, junior mining company headquartered in Scottsdale, Arizona, USA that is production oriented at the earliest possible profitable opportunity and has an appetite to grow by profitable acquisition. It is engaged in the evaluation, acquisition, exploration, planned operation and advancement to production of largely alluvial gold/rare earth elements and diamond recovery projects in Ghana, Sierra Leone and Liberia West Africa. This year marks the beginning of our Cash Flow Operations as the Operating season is just about to get underway.
CASH FLOW 2015-2016: SIERRA LEONE AND LIBERIA ALLUVIAL DIAMONDS & GOLD RECOVERY OPERATIONS
Company Management has dramatically changed its operating plan from an exploration model to a cash flow driven operation. Operating under exploration licenses requires money to be spent without the opportunity to sell products recovered in the exploration phase. A distinct lack of exploration funding industry wide coupled with investor interest being more focused on cash flow today than sometime in the future has encouraged Management to adopt this change. Accordingly, we have entered into support agreements in both Sierra Leone and nearby Liberia to combine our equipment and operating expertise with local artisanal miners to assist in the rapid development of otherwise hand driven operations only. Two benefits occur immediately, one for the local miners who gain support on the recovery of their discovered gold and diamonds, and one for our Company, having the exploration phase already completed and gaining the opportunity to continue operations in already proven lands and rivers which are capable of producing economic quantities of Diamonds and Gold. Management believes this enables the company to enter into immediate and sustainable cash flow which is accretive to shareholder prosperity.
Sunergy President and CEO, Garrett Hale says: “We now believe that we have established business relations that allow us to be profitable going forward. This will reward our current shareholders and attract future shareholders to our company’s operating strategy. We have deployed our two newly purchased Keene dredges In Liberia and have been running daily operations to locate our defined area to concentrate our efforts. At the experts hands of our local associates, we believe we are finally at the right place with the right equipment and support to put Sunergy in forward motion with real production. We are proud of our entire team on the ground and the solid relationships we have formed within each country.
Our Large Wash Plant project and new developments in Sierra Leone are in current negotiation and process with the NMA, as required by local law. We are pleased to have full cooperation moving forward under their guidance.
Hazen Research Report
Click here to view the lastest report conuducted by: HAZEN RESEARCH, INC.
Photo of concentrates from Hazen
|Market Value1 ||$2,056,055 ||a/o Jan 13, 2014 |
|Shares Outstanding ||2,056,055,314 ||a/o Sep 30, 2013 |
|Float ||Not Available |
|Authorized Shares ||3,750,000,000 ||a/o Aug 17, 2010 |
|Par Value ||0.001 |
|Shareholders of Record ||124 ||a/o Jul 02, 2012 |
| ||Ex. Date ||Record Date ||Pay Date |
- Capital Change=shs increased by 5 for 1 split, payable upon surrender. Pay date=10/08/2008.
Capital Change=shs increased by 10 for 1 split, payable upon surrender.. Pay date=08/24/2010.
Our management team including our Directors, Advisory Board members and on ground management teams have more than 150 years of mining industry experience with junior and mid-tier companies involved in exploration, development and production of precious metals worldwide.
GARRETT HALE, PRESIDENT, CEO, DIRECTOR
He is a successful business owner, entrepreneur and investor in start-up companies, who also played a major role in the initial financing of Allied Mining, now our wholly owned subsidiary in Sierra Leone. Mr. Hale will assist in company financing, investor relations and will assist in operations and humanitarian activities in support of the people of Sierra Leone.
LARRY MAX BIGLER, CPA, CFO and Director of Sunergy
Larry Max Bigler has lived in Reno, Nevada for the past 25 years and has over 30 years of mining experience. Mr. Bigler is a practicing Certified Public Accountant with many mining clients, retail, rental and individual clients. Mr. Bigler is currently a director and chairman of the Audit Committee for General Metals (GNMT). He formerly was CFO, Vice President, and Director for Oro Nevada Resources and was instrumental in raising C$ 40 million from an initial public offering. From 1987 until 1992 he was Treasurer and Controller for Getchell Gold (formerly First Miss Gold) where he completed an initial public offering and a gold loan (150,000 oz AU). He has degrees in economics and accounting and has published many articles on mining financial issues.
David Price (aka "Dredgemaster"), Director of Alluvial Mining in Sierra Leone and Liberia
Dredge has over 40 years' experience in the Mechanical Handling and Mining Industry, mostly in Africa. In his position as Country Director he was responsible for Security, Safety, Health, Environment, and Training and holds recognized qualifications, SITO, Security Industry Training Organization of which he is a Teacher of Teachers. Dredge was one of those responsible for the training of PAE staff prior to their relocation to Liberia from Sierra Leone. He is qualified to Train Instructors. RTITB, Road Transport Industrial Training Board of which he is an Instructor/Examiner on Industrial Mechanical Handling Equipment and able to deliver courses and provide training and issue recognized certificates. Dredge is a hands on Miner and is commonly known as "The Dredgemaster" and has been in and out of Sierra Leone and Liberia since 1974 and spent most of the past 10 years in Sierra Leone on the Pampana, Sewa, Moa, rivers, as well as the Lofa in Liberia, to name a few. His commitment to training local people in advanced mining techniques has proved profitable for the companies that he has worked with. His contacts are numerous and he enjoys a good reputation. Dredge is a Mechanical Handling Engineer by training with extensive experience in the Granite, Gold and Diamond sectors. He can and will repair all mining equipment and will train others in order to pass that knowledge on to local people. Dredge has worked with several of the large mining companies in Sierra Leone involved in Granite, Gold, Diamonds and Iron Ore as an Independent consultant. He also is a master dredge operator.
ROBERT A. LEVICH
CPG, PG, EurGeol, FSEG, Director Sunergy, West African Operation Manager He has 31 years with US Department of Energy (DOE)- headed up famous Yucca Mountain Nuclear Waste Project outside Las Vegas, NV. Worked for Ghana Geologic Survey. Now resides in Ghana with his wife for six months or more each year which offers hands on management of Company projects. He enjoys substantial business and geological contacts in Ghana.
GARY HOUCK, DIRECTOR
With over 30 years of successful international business experience, Mr. Houck brings a wealth of leadership and management experience as the former Vice President of Sales and Marketing of Makita Power Tools, North America, where he led a sales team of over 200 people which grew the business from $90 MM to $500MM in annual sales. He also was founder and President of Chicago based, MSA LLC. His experience includes international business connections in the USA, Europe, China, Taiwan and Australia. With extensive participation on company boards, he brings an in depth understanding of strategic planning and successful business development. Sunergy looks to Gary for leadership in investor development and operational oversight.
ADVISORY BOARD MEMBERS
P.K. RANA MEDHI
Former Chairman of the Board Over 40 years of experience in the mining industry; including 28 years with Cyprus Amax Minerals Registered Mining and Engineering Geologist working as an Independent Consultant past Chairman of the Board of Governors of the Arizona Department of Mines and Mineral Resources.
DAVID J. SALARI
B.A.SC. (Metallurgy and Materials Science), P. Eng. Mr. Salari is a metallurgical engineer with over 30 years experience in the mining and metallurgical industry. He is currently President of DENM Ltd., since its inception in 2004, an engineering company that specializes in project management, construction management, and commissioning of small to medium scale mining projects in precious and base metals and industrial minerals. Recent D.E.N.M. projects have taken Mr. Salari across Canada, the USA, Mexico, Brazil, Argentina, Australia and Venezuela. He is a member of the Professional Engineers Association of Ontario, Nova Scotia, and Manitoba and he meets the requirements as a "QP" (Qualified Person) as set out in Canadian National Instrument 43-101, based on education, experience, independence, and affiliation with a professional association. He is also the designated lead engineer under the Professional Engineers Ontario-Certificate of Authorization for D.E.N.M. Ltd.
Mr.an is an Educator and College President with over 50 years of experience in institutional development. He is recognized as a "turn around" expert in higher education, with strength in strategic planning, fundraising, board development, governance, assessment, enrollment management and marketing. Mr. Hoffman has also been involved in charitable foundation development and funding and is keen to establish a foundation to provide assistance in support of the people of Sierra Leone.
President, RMS Ross Corporation, Chilliwack, BC, Canada
With over 30 years in the mining equipment and mineral processing business, RMS has the capability to coordinate complete engineered solutions for each mining project, to provide the opportunity to the funders and mine owners of receiving the complete recovery plant solution for their unique and often complex ore situation. By incorporating the diverse, advanced, innovative technologies for both analysis and recovery that has been developed by each of RMS' key global strategic partners, RMS can now provide high level integrated mining solutions for mining projects in complex ore types and advance the field in recovery and separation in Precious Metals, Rare Earth Metals, Critical and Technology Metals.
Chief Negotiator, Investor Relations
Over 30 years of experience in the mining industry responsible for two mines put into production. Managed the exploration, development and production of junior public mining companies. Founder of General Metals Corporation currently putting gold and silver mine in production in Battle Mountain, Nevada and founded GoldSpring, Inc, now Comstock Mining, who operates the Plum Mine in Virginia City, NV.
See the dredges in action at sunergygold.com/
direct link www.youtube.com/watch
Dredging Today .Com
Sierrea Leone: 3 Dredgers and Operating Equipment Arrive In Freetown
March 17th 2011
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Sunergy, Inc today announces that the container with the 3 dredges and operating equipment has arrived in Freetown, Sierra Leone. This now sets the stage for operations to commence on the Company's 140 sq. km. Pampana River Project once the shipment clears customs and is moved to the site. Company operations personnel have been on the ground for several weeks preparing for deployment of the equipment. Dredge operations will begin once the dredges are assembled and located in their preselected locations on the Pampana River.
The dredges, designed by Alan Trees of Dredge Builders Warehouse of Riggins, Idaho, have been custom built to capture the gold, diamonds and heavy black sands which contain the rare earths (REEs). Each dredge is capable to process and handle 50-60 tons/hour of productive mineral laden gravels. A video showing an operating dredge and a discussion of how it operates is available on the Company's website www.sunergygold.com
In a letter to Sunergy dated February 14, 2011, Scott Plummer of RMS Ross In Chilliwack, BC, Canada discusses the January 2011 test results from Inspectorate Exploration and Mining Services Ltd. and compares the June 2010 testing as follows: "The initial ALS Chemex test work was conducted on the black sand concentrate samples that were recovered from locations throughout your Pampana concessions. These results revealed a strong presence of valuable rare earth metals and other related metals that carry significant value and are quite rare. See Press Release dated December 7, 2010.
"It was therefore proposed that a second series of mineralogical tests be conducted that were considerably more expansive than the preliminary tests, and that they be conducted at Inspectorate Exploration and Mining Services Ltd, in their Analytical Division in Richmond, British Columbia, Canada. This was decided, since it was known that they had purchased state of the art analytical equipment that would be able to determine very accurately the complete range of rare earth metals and other related valuable metals. This was to verify the accuracy of the previous body of analytical work at ALS Chemex and would reveal a more complete range of metals of value in the Pampana River black sand samples.
"What was found in the second body of test work verified the initial work as being credible, and was able to demonstrate additional values. The large increase in the estimated average value of metals per ton was due to both the expanded range of metals tested for, some more accurate test work that was conducted, and also directly relates to the considerable increase in rare earth metal values over the last year. Together, they account for the increase from $3395.00 per ton of black sand in the June 2010 tests to $8421.00 in the January 2011 test results."
The Company is also pleased to announce that Financials are being reviewed for filing in the near term. These contain the 2009 10K and 2010 10Q's for quarters 1,2 and 3. Once signed off by the Company's Auditors and filed and accepted with the SEC, the Company will have fully satisfied its reporting requirements and the Caveat Emptor status should be removed. The 10K for 2010 is also being prepared but is not due for filing until March 31, 2011. Virtually all the information contained in the2009 10K and 2010 10Q's will be reported in the 2010 10K as well. Once all filings are complete, the Company intends to re-apply to list on the OTCBB and is committed to maintain a fully reporting status to insure a higher level of transparency.
The Company urges investors to visit www.sunergygold.com to study the Projects, Corporate Reports and any other due diligence they require before investing in the Company's stock. An informative Dredge video is also available on the site. Investors are also cautioned that message boards are not places that have any official corporate information and should not be relied upon as a source of due diligence, but rather are places where opinions, often colored with agendas are published.
The Company is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. We control 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license in Ghana, West Africa and the 140.1 sq. km. Pampana River Rare Earth, Gold and Diamond concession in Sierra Leone, West Africa. We are focused on near term production of these properties this season. We are production and acquisition oriented and are considering several additional projects suitable for near term production in West Africa.
Source: sunergygold, March 17, 2011
Pinksheet Information: http://www.otcmarkets.com/stock/SNEY/financials
Power point investor presentation with $20,000,000-$30,000,000 US near term revenue projections: http://www.sunergygold.com/sney_powerpoint.pdf
Appreciation letter from local government where concessions are located: http://www.alliedminingandsupply.com/pdf_files/news_appreciation_of_development.pdf
Another letter of support from a local government representative: http://www.alliedminingandsupply.com/pdf_files/news_letter_from_MP.pdf
License approval letter from the Sierra Leone government: http://www.sunergygold.com/AMS_License_Letter.pdf
Artisan Miners recovering gold using primitive hand methods. Usual rate of recovery about 30% (approximately 15 ounces per day), which leaves 60+% for wash plant recovery operations.
CURRENT PROJECTS : SIERRA LEONE
We have recently concluded the acquisition of 100% of Allied Mining and Supply, LLC ("Allied") which owns a 140 sq.km. mining concession on Sierra Leone's Pampana river, Sierra Leone, licensed in 2009. Allied is engaged in the exploration and development of prime alluvial gold, rare earths and diamond properties and it has business and export licenses for Sierra Leone. It is exploring, dredging and bulk sampling in a number of areas within its concession territory. Equipment on site: 8" River Dredge x 3 Equipment purchased for use in Sierra Leone: No.6 Deister Vibrating Concentrating Table iCON SB 150 Enhanced Gravity Concentrator
Sunergy's three 8" dredges arrived in Sierra Leone in early 2011. The first dredge was deployed on the Pampana River April 15, 2011, and operations began on April 16, 2011. Currently the company is focusing on production volume. With onsite modification to the dredges, the Company has decided to allow the free and visible gold fall to the sump, along with the Black Sands, and be pumped to shore for future processing at a secure location.
As of May 17, 2011, the primary dredging location was producing appoximately 1.5gr of visible gold per ton of feed. The Compnay has made another onsite decision to deploy two dredges operating in tandem. From Dale Bourassa, Ops Manager in Sierra Leone: "We have prospected several different sites and because of the logistics of working the river at this particular time of the year, we are deploying two dredges in tandem. This method allows for more efficient management and the added benefit is we can get to the paying gravels much quicker increasing the production of valuable gold and black sands".
On June 2, 2011, the company announced the purchase of processing equipment for the concentrates recovered through dredging. When the new equipment arrives onsite in Sierra Leone the company will be able to further refine its gold bearing concentrates.
On June 14, 2011, the company released a dredging video via YouTube. This video shows actual on-site dredging in SL. While the video was uploaded June 14, the content is from Day 2 and after. The video can be viewed here: http://www.youtube.com/watch?v=Vgfgpxuqac8&feature=uploademail
More information is available in press releases from the Company.
For more information on the dredges please visit http://www.sunergygold.com/ and watch the video on the homepage.
Rainy Season Freetown Data
Daily (24Hour) Rainfall Estimates http://www.star.nesdis.noaa.gov/smcd/emb/ff/HE_World_Africa24Hr.php
Satellite Rain Estimates(may take a moment to load) http://www.wunderground.com
CURRENT PROJECTS :GHANA
We own outright the 150 sq.km. Nyinahin mining concession in Ghana, with a full prospecting license. The concession is surrounded by several operating mines and is adjacent to Newmont Mining's property. This concession has the Offin river flowing through our eastern portion and there are numerous artisan pits ready for testing and evaluation for near term production. The Offin river is known for good alluvial gold production.
Ghana: More than 1.45 million ounces of gold historically recovered in Offin River
Sunergy owns a 100% interest in Mikite Gold Resources ("Mikite"), a Ghanaian corporation with exclusive exploration rights to the Nyinahin Mining Concession near Bibiani, Ghana. The Mineral rights are for gold, diamonds and base metals. The 150 sq.km. Nyinahin mining concession is located in the Kumasi Basin between two identified geological gold belts, the Sefwi-Bibiani Belt to the west and the Asankrangwa Belt to the east. The property shares borders with several major mining companies, including Newmont Mining, Napoli Gold and Dunkwa Continental Goldfields. The district is home to the famous Anglo Gold-Ashanti's Ashanti Obuasi Mines and is one of the most active gold exploration areas in the world. www.sunergygold.com/projects/ALLUVIALGOLDMINING.pdf
14362 N. FRANK LLOYD WRIGHT BLVD | SCOTTSDALE AZ 85260
Phone: 480.477.5810 | Fax: 480.477.5811
Exchange Listing: OTC MARKETS: SNEY
- Recovery of gold with near term cash flow.
High grade surface soil samples ranging from 11grams of gold /ton to 43 grams of gold/ton have been reported.
NEAR TERM PRODUCTION OPPORTUNITIES
Gold Concession in Ghana's Ashanti Belt on Offin River
Gold and Rare Earth concession in Sierra Leone on Pampana River
Seeking Funding in the $3.5-$7 million US range to put both projects into production
|OS ||Date || ||Restricted ||Date |
| 1,807,227,915 || 1/8/13 || || 783,720,037 || 1/8/2012 |
|1,567,282,115 ||6/22/12 || ||728,552,257 ||6/22/12 |
|1,567,282,115 ||5/22/12 || ||728,552,257 ||5/22/12 |
|1,559,689,258 ||4/19/12 || ||720,959,400 ||4/19/12 |
|1,535,479,260 ||1/17/12 || ||702,987,424 ||1/17/12 |
|1,493,586,405 ||12/8/11 || ||717,694,569 ||12/8/11 |
|1,488,586,405 ||11/16/11 || ||721,694,569 ||11/16/11 |
|1,456,086,405 ||10/11/11 || ||690,694,569 ||10/11/11 |
|1,454,657,334 ||9/23/11 || ||689,265,498 ||9/23/11 |
| || || || || |
|Float ||Date || ||Warrants ||Date |
| 1,023,507,878 || 1/8/13 || || 332,967,223 || 1/8/13 |
|838,729,858 ||6/22/12 || ||599,131,378 ||6/22/12 |
|838,729,858 ||5/22/12 || ||599,131,378 ||5/22/12 |
|838,729,858 ||4/19/12 || ||599,131,378 ||4/19/12 |
|832,491,836 ||1/17/12 || ||205,471,420 ||1/17/12 |
|775,891,836 ||12/8/11 || ||469,488,525 ||12/8/11 |
|766,891,836 ||11/16/11 || ||574,488,525 ||11/16/11 |
|765,391,836 ||10/11/11 || ||546,488,525 ||10/11/11 |
|765,391,836 ||9/23/11 || ||545,059,954 ||9/23/11 |
Links for verifiable claims DD
IR Contact info
Click Here to view the Alluvial Gold Mining Report. (PDF)
Technical Report Mikite Gold Resources (PDF)
Mikite Report December 2009 (PDF)
Managements Plan With Budgets To Achieve Near Term Gold Production
Nyinahin Mining Concession near Bibiani, Ghana, West Africa
SUNERGY, Inc.(OTCBB: SNEY) is a fully reporting, publicly listed and traded, production oriented junior mining company engaged in the evaluation, acquisition, exploration, planned operation and advancement of gold/silver/diamond development
Nyinahin Mining Concession
Effective October 31, 2008, Sunergy completed the acquisition of 100% interest in Mikite Gold Resources ("Mikite"), a Ghanaian corporation with exclusive exploration rights to the Nyinahin Mining Concession near Bibiani, Ghana. The Mineral rights are for gold, diamonds and base metals.
The 150 square kilometer Nyinahin mining concession is located between two geological gold belts, the Bibiani Belt to the west and the Asankrangwa to the east. The property shares borders with several major mining companies, including Newmont Mining, Napoli Gold and Dunkwa Continental Goldfields. The district is home to the famous Ashanti Goldfields-Obuasi Mines and is one of the most active exploratory areas in the world.
A preliminary survey by Geodita Resources LTD, Ghana, indicates that the Nyinahin Concession has significant potential for lode gold mineralization and for recovery of alluvial gold. There are 3 major anomalous zones: Owusbukurom anomaly in the center Ntoboroso anomaly in the southeast and the Krakyekurom anomaly in the southwest. There are 4 known mineralized trends: Baaneekurom-Nyinahin, Ntoboroso, Owusukurom-Adupiri and Krakyekurom-Adupiri. The reconnaissance has also shown several abandoned surface mines that are yet to be investigated due to time and budget constraints of the current owners.
Location and Access
About 80% of the Nyinahin Concession lies to the west of the Offin River within the Ashanti Region of Ghana The property is accessed via the main Kumasi-Bibiani trunk road and is located 48km southwest of Kumsasi and 20km northwest of Bibiani. Adequate ground water appears to be available for diversion for future mining operations. Electrical power is sup[plied by the National Grid and Infrastructure facilities are available within the concession from notable towns which include Nyinahin, Akorabuokurom, Baaneekurom, Nagore and Ntoboroso.
Evidence of past exploration and mining activities exist in the form of pits and adits. There is a strong clustering of artisan pits located along the Offin River. Three old gold prospects exist on the concession. The first is located about 2.0 km SE of the village of Akorabuokurom and 3km from the village of Otaakurom, the second 1.8km SW of to the east of the concession, whilst the third is located along the south eastern boundary near the village of Owuokurom. Fragments of phyllite, greywacke and quartz are noted in the spoils of these pits.
A systematic exploration program was initiated in July 2005. The work consisted of active stream sediment sampling and geological mapping. Application to the Minerals Commission in Ghana upgraded this 150 sq. km. Nyhinahin mineral concession from a reconnaissance license to a full prospecting license.
We believe the country is an attractive location due to its stability and it history (Former British Colony independent since 1957. There are favourable mining laws and recently numerous major gold producers have begun defining what we believe will become one of the world's most prolific gold belts.
SNEY will begin a gold purchasing program from the artisan's already working on the concessions; coupled with an oxide mineralization exploration and development plan designed to result in oxide gold recovery through gravity/wash plant operations on concession areas. The Artisans typically recover about 30% of the available gold using crude methods by hand. Modern mechanized methods are able to recover an additional 60% at the rate of 200 tons/hour. There is good harmony in working with the locals, rather than putting them out of work.
The purchasing program from the locals will be immediately profitable with profits initially being contributed to the development of alluvial production equipment and operations..
SNEY will purchase gravity/wash plant(s) and a field smelting facility to further recovery after the Artisan hand operations recover the initial gold. Once profitable, SNEY will reserve 60% of the gold recovered .to guarantee anticipated future Gold Debenture financing for growth through acquisition of profitable targeted gold recovery operations.
Additional Oxide Gold production opportunities are available in other concessions through acquisition or Joint Venture.
Within 45 days of funding, SNEY will start it's Gold Buying Program. Within 90 days of funding, SNEY will begin mechanized gold recovery operations on the already previously worked Artisan pits along the Offin river. The operation is profitable from day one because the initial gold is bought at a subatantial discount and the cash cost of mechanized gold recovery will be less than $300/ ounce.
Business Strategy / Budgets / Use of Funds
The following activities with budgeted costs are recommended to move the Nyinahin Mining Concession toward production.
Gold Purchasing Program and Gravity/Wash Plant Production
The proposed program is budgeted as follows:
To Be Raised Funds -
Gold Purchasing Program and Gravity/Wash Plant Production:
Gold Purchasing Program
Wash Plant Purchase
Operating and Permitting Costs to Operate the Wash Plant
Administrative and Overhead Costs
Total To Be Raised
Sunergy has several former producing mines and numerous Artisan pits along the Offin River which will be worked for the 60+% of the gold left behind by the Artisans. With the initial purchase of a gravity/wash plant we will begin in Quarter 2 of 2009 at an initial rate of 2,000 - 3,000 ounces per month stabilizing @ 3,000/ month over quarter 3 and 4 for the first year. Once stabilized, the Company will add 1 gravity/wash plant during Quarter 1 and 2 in each of the next two years increasing production by 36,000 ounces per year for each plant. The Company anticipates growing annual production to over 100,000 oz/year which results in projected earnings of $30,000,000 - $40,000,000per year.
Summary of Investment Opportunity Operations
Given the successful transition to a precious metals producer, the additional significant upside anticipated by management will be achieved by successfully utilizing the profits generated by the concessions to build shareholder value through becoming a mid-tier producer; entering a niche in the industry recently vacated by other companies through merger or acquisition by larger companies which brought enormous gains to their shareholders. This growth occurs through expanding reserves and resources in properties where the company's operational and developmental expertise is used to build shareholder and operational value. Historically, it is not uncommon for mid tier precious metal producers to be trading at 40 to 100 times earnings.
Spot Price of Gold and Silver
Gold and Silver have been in a seven year bull market taking gold and silver prices to all time high's in recent times. Management believes that macro economic conditions domestically and internationally are likely to keep prices at current levels and very likely take them to after inflation highs or higher for gold and silver. Gold's after inflation equivalent to its 1981 high is over $2,000 per ounce. Continued rising spot prices increased return opportunities at every level along the way.
Investor Relations contact and Advisory Board Member: Steve Parent
Phone: 480.326.5435, E-mail: [email protected]
707 255 5836
14362 N. FRANK LLOYD WRIGHT BLVD
SCOTTSDALE AZ 85260
Sunergy Update on Filing of Financials:
Jun 14, 2011 09:08 ET
Sunergy Provides Update #2 On Dredging Operations
Jun 13, 2011 07:32 ET
Sunergy Purchases Processing Plant Equipment For Optimum Free Gold Recovery And Upgrading the Rare Earth Black Sand Concentrates
Jun 2, 2011 07:27 ET
Sunergy Updates Dredging Operations on Its 141 Sq. Km. Pampana River Rare Earth / Gold Mining Concession in Sierra Leone, West Africa
May 24, 2011 07:33 ET
Sunergy Closes $687,750 in Combined Equity and Debt Financing to Provide Funds for Mining Operations in Sierra Leone and Ghana, West Africa: Warrants Offer Additional $2,637,796++ Sunergy is pleased to announce that Mark Shelley, CPA, owner of Shelley International CPA, a PCAOB registered audit firm, has been appointed as the corporate Secretary, Treasurer, chairman of the audit committee and member of the board of directors.
May 11, 2011 07:14 ET
Apr 12, 2010 07:30 ET
Sunergy Update: 3 Dredges and Equipment Have Arrived In Sierra Leone, January 2011; Test Results Reveal More Rare Earth Elements and An Increase in Value/Ton From $3395.00 per Ton of Black Sand in the June 2010 Tests to $8421.00
Mar 17, 2011 07:45 ET
Sunergy Update: ETA for 3 Dredge Arrival in Sierra Leone March 15, 2011; Draft Financials Are Under Review for Filing in the Next Few Weeks
Mar 09, 2011 07:33 ET
Sunergy Clarifies the Reason for the Caveat Emptor Status and How It Is Being Resolved
Dec 16, 2010 11:53 ET
Sunergy Board Resolves to Commence Reporting Status on Pink Sheets and to Complete SEC Filings to Regain OTCBB Listing by May, 2011
Dec 14, 2010 07:08 ET
Thursday Morning Tips: Avitar Inc., Sunergy Inc., Alto Group Holdings Inc., Dutch Gold Resources Inc., Encounter Technologies Inc., dPollution International Inc.
Dec 09, 2010 08:46 ET
Sunergy Large Scale Rare Earth Element (REEs) Concentrates Valued at Over $3,897/Ton After Free Gold Removal on Its 140 sq. km. Pampana River Licensed Concession in Sierra Leone, West Africa
Dec 07, 2010 07:07 ET
Sunergy's Large Scale Rare Earth Element (REEs) Deposit Containing Gold and Diamonds in Sierra Leone, West Africa Also Contains an Average of 9.628%(192.6 lb./ton) Titanium in the Recovered Concentrates
Dec 01, 2010 07:03 ET
Alan Trees, Dredge Designer and Manufacturer, Joins Sunergy Advisory Board and Brings Worldwide Dredge Operations Expertise to Our Company
Nov 29, 2010 07:04 ET
Alan Trees, Dredge Designer and Manufacturer, Joins Sunergy Advisory Board and Brings Worldwide Dredge Operations Expertise to Company
Nov 26, 2010 07:30 ET
Sunergy Retracts and Corrects Its November 8, 2010 Announcement Regarding Dr. Leslye Obiora, Former Minister of Mines and Steel for Nigeria, Joining Sunergy Advisory Board
Nov 24, 2010 16:04 ET
Sunergy Arranges Asset Backed Financing for Initial Equipment to Commence Recovery Operations of Rare Earths (REEs), Gold and Diamonds on Its 140 Sq. Km. Pamapana River Concession in Sierra Leone, West Africa
Nov 23, 2010 07:33 ET
Sunergy Plans Dredging Operations to Commence for Gold, Diamonds and Rare Earths on Its 140 sq. km. Sierra Leone and Its 150.sq. km. Ghana Mining Concessions in January 2011
Nov 15, 2010 07:37 ET
Sunergy Orders Initial Equipment to Commence Recovery Operations of Rare Earths (REEs), Gold and Diamonds on Its 140 Sq. Km. Pampana River Concession in Sierra Leone, West Africa
Nov 10, 2010 08:30 ET
Dr. Leslye Obiora, JD, Former Minister of Mines and Steel for Nigeria, Joins Sunergy Advisory Board and Adds Key High Level Business and Political Contacts in West Africa
Nov 08, 2010 07:04 ET
Sunergy's Board of Directors Expands by Appointing Bryan Miller President and Director and Welcomes Allied Mining's Management to Complement the Company's Rapid Development Strategy in West Africa
Nov 02, 2010 09:05 ET
Sunergy Closes Acquisition of Allied Mining and Supply, LLC's Large Scale Rare Earth Element (REEs) Deposit Containing Gold and Diamonds in Sierra Leone, West Africa Oct 28, 2010 07:07 ET
CLICK HERE FOR ALL NEWS ABOUT SNEY