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Re: risk on post# 21693

Saturday, 04/16/2011 3:11:03 PM

Saturday, April 16, 2011 3:11:03 PM

Post# of 101798
repost email reply... remember this can be dismissed as hearsay and,
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RE: operations questionsThursday, April 7, 2011 3:58 PM
From: "dale@alliedminingandsupply.com" <dale@alliedminingandsupply.com>Add sender to Contacts
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Hi
One of the dredges is deployed in the river as of yesterday. We spent most of today moving it upstream to an area we have tested that shows great promise. We than spent several hours fine tuning the dredge and searching areas underwater with the least amount of overburden. We are set to begin the production phase tomorrow. In the three years that I have been here, exploration dredging, open pit testing, sampling and testing, I have never been more excited than I am now. I don't want to get into the numbers game just yet, would rather deal in actual figures. We will ramp up production fairly quickly, roughly 20 hrs per day, with 4 hours down for sluice cleanup, fueling, and any repairs. Once dredge number one is going at full capacity, we will launch dredge number two, than three. While it's true that we got a late start to this season, the reasons were beyond our control, (winter storms in the U.S. and a dock strike in S.L.) we have some ideas that may enable us to work well into the rainy season. We have many challenges working here, heat, finding skilled divers, fuel shortages etc., but we have very good relationships with all the villages on our concession and they all help us to succeed in our efforts, because they know that Allied is a company they can trust and depend on. I suspect that you will see a PR shortly to detail what we are doing. Steve Parent does a good job of making sure that the information released is tempered with reasonable expectations. Thank you for your support support of our company. Dale
-------- Original Message --------
Subject: operations questions
From:
Date: Wed, April 06, 2011 8:31 am
To: dale@alliedminingandsupply.com

Hey Dale Im a potential shareholder with SNEY Sunergygold and just doing some homework before I make an investment decision ... looking at past press releases it states the dredges are on site now... am I to assume production has begun? what kind of hours are we looking for daily operations? Also according to initial production estimates we are looking for $60,000 per day is this a realistic number? The rainy season would soon be upon you guys down there how will this affect operations? Thank you for your time and response and God bless...
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