I rarely post on this board but now is one of those times. I own a very large stake in Sunergy and am still holding my shares and adding from time to time (today being one of those times). My stake is massive and I have been accumulating shares since 2010. I believe in the credibility of Management and know for fact Dredgemaster is real, legit, whatever you want to call it.
The Company is closer now than ever before to embarking upon success and I was encouraged by the updates on the various projects in the 10-Q just released. Furthermore, none of the non-mining operations/potential are priced into the shares and a hit on any one of these initiatives could instantly catapult share price.
I look at this investment as I would a sub-penny call option (which actually do not exist as options do not trade in increments under $.01). Your downside is zero and upside virtually limitless. It is these asymmetric risk-reward opportunities that make for excellent investments. Despite many past failures under the old regime, I am giving current Management the benefit of the doubt here. We finally have the ability to get a full dredging season in during the 2014-2015 time frame once rainy season ends this year which would be a first for Sunergy. We wouldn't be dredging during rainy season if we weren't in the right areas, at least that is my take. I am allowing the current pipeline enough time to come to fruition. I believe it will bear fruit, perhaps sooner then some of the pessimists here think.
Nothing is a guarantee in life and an investment in Sunergy is certainly no exception but given the potential reward it certainly is worth the risk, imo of course. Good luck!
