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2015 doc attached, ref App Utility 11 Feb 21 ref link here https://capedge.com/patent/by/companyId/1261487
2015 Filings show patent details - Sunergy battery
I'm back to some extent now. I'm into small cap biopharma stocks now - I think SLDB is worth your time if you're interested.
MarketScreener.com. News Sunergy Inc 04/11/2019
Sunergy Inc SNEY Delayed OTC Bulletin Board - Other OTC - 06/25 03:00:11 pm 0.0001USD0.00%
Sunergy : KGAL New Frontiers invests in SunErgy Envoyer par e-mail 04/11/2019 | 02:36 pm
KGAL New Frontiers (KNF) has acquired a 22 per cent share of SunErgy AS, a Norwegian company delivering innovative solar power infrastructure in emerging markets.
SunErgy AS supplies off-grid electricity to towns in emerging markets. It does this using small solar power plants that it ships in containers from Northern Europe; at their destination the power plants are then connected to houses using the companys own network, via which they supply homes with power, as well as cable TV and internet access.
The KNF investment is intended to finance the companys further growth. In Cameroon, I saw for myself that an energy supply makes a decisive change to living conditions for people, explains Klaus Wolf, Managing Director of KGAL New Frontiers, adding that he and the company are keen to support development and drive progress.
The goal is for SunErgy to become one of the leading providers of off-grid power supply within eight years, during which time it plans to primarily be active in Cameroon, with an outlook to further expand into West Africa. Eight solar power plants are set to be commissioned this year.
The business purpose of KGAL New Frontiers, founded in 2018 as a wholly-owned subsidiary of KGAL GmbH and Co, is to open up new regions and investment-related topics. The goal is to first secure high-yield investments quickly and flexibly, and, provided that the test phase is successful, to subsequently also offer them to institutional investors. Initial activities include investment in an Eastern European hydroelectric plant operator, and a joint venture with a Scandinavian state energy provider.
(c) 2019 ITP Business Publishing Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers
© Acquiremedia 2020
Hedgefund Value pps .01 per - Source - https://whalewisdom.com/stock/sney-2
Fund ST GEORGE INV. LLC
City - Chicago Illinois
Shares Held 277,354,374
Market Value $2,773,544
% of Portfolio 4.51
Rank 4
Source 13G Filing
Hedgefund Value pps .01 per - https://whalewisdom.com/stock/sney-2
Fund City State Shares Held Market Value % of Portfolio Rank Source
ST GEORGE INV. LLC Chicago Ill. 277,354,374 $2,773,544 4.51 4 13G
Follow the losers to NorCal - what do you expect for Libs living in Napa!
Yes, at the beginning I had hoped this was a real company and honest, but soon figured out it was like 99.9% of all penny stock and nothing but a paper scam. Not sure why the symbol is still showing.
You sure changed your tune from the "old days."
Sad that management doesn’t feel it necessary to stay up to date with filings.
If management feels that it is more important to spend on productivity or salaries it just doesn’t make any sense...
And what possible benefits is there in not filing -
Interesting info on zoominfo site 07/09/2019 and if you click “more” - more details available with subscription. And clearly someone on inside would of provided details on this site -
SUNERGY INC
Update Company Profile
Location: 14362 N Frank Lloyd Wright Blvd Ste 1000, Scottsdale, Arizona, 85260, United States View Map
Revenue: $13.2 Million
Employees: 66
Industries: Mining, Metals & Mining.
Codes: SIC Codes: 1499
Phone: (480) 477-5810
Fax: (480) 477-5811
Website: www.sunergygold.com
Update Company
View contact profiles from SUNERGY INC
Click link to visit - https://www.zoominfo.com/pic/sunergy-inc/346592453
SIC Code 14,149
NAICS Code 21,212
Description:
About Sunergy: The Company is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable op...
So it is very much sincerely dead! Bali, now can use his shares for toilet paper because at least that has some value to it.
So now we are no longer registered. Interesting. Kiss everything goodbye.
SNEY registration revoked:
https://www.sec.gov/litigation/opinions/2019/34-86216.pdf
https://www.insider-monitor.com/trading/cik1261487.html
Company List - S SNEY
Insider Trading activities of Sunergy Inc (SNEY)
Insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Sunergy Inc (SNEY) since 2005 are illustrated in Table 1 and Table 2. Table 1 shows the monthly insider trading data of Sunergy Inc since year 2005. Table 2 shows the detailed insider transactions of Sunergy Inc since 2005. The reporting company's ticker symbol is SNEY. The reporting company's CIK number is 1261487.
The total value of stock buying since 2005 is $7,354,304,152.
The total value of stock sales since 2005 is $0.
The total value of stock option exercises since 2005 is $0.
Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for Sunergy Inc (SNEY).
Trading Period Insider Buying InsidIn Sales Opt Exercises
year-month Shares Value Shares Value Shares Value
2016-04 250,000 $45,720,000 0 $0 0 $0
2016-03 4,537,900 $1,467,006,578 0 $0 0 $0
2016-02 50,000 $3,478,000 0 $0 0 $0
2016-01 340,000 $78,422,399 0 $0 0 $0
2015-12 5,100,000 $5,759,570,250 0 $0 0 $0
2015-11 130,000 $130 0 $0 0 $0
2014-08 2,000,000 $4,000 0 $0 0 $0
2012-06 12,000,000 $36,000 0 $0 0 $0
2011-12 580,000 $2,900 0 $0 0 $0
2011-01 4,400,000 $13,200 0 $0 0 $0
2010-11 1,461,978 $11,695 0 $0 0 $0
2010-10 8,000,000 $39,000 0 $0 0 $0
SNEY Key Statistics - Sunergy Inc. Financial Ratios - MarketWatch
https://www.marketwatch.com › quote
250,000, Acquisition at $182.88 per share. 45,720,000. 03/24/2016, Garrett Hale PRESIDENT/CEO; Director ...
250,000 shares @ 182.88 per share = $45,720,000
Acquisition -
Hmmmm, where’s the rest of the details on MarketWatch ??
Companies Gold Mining in Ghana - https://mtkenyatimes.co.ke/companies-gold-mining-in-ghana/
AFRICAN ECONOMY
COMPANIES GOLD MINING IN GHANA
Ghana presents a number of opportunities in the mining sector, especially in the gold industry. It is the
second largest gold producer in Africa, after South Africa and 10th largest globally. The other important
mineral resources are oil, diamond, bauxite (used in the manufacturing of aluminum), and manganese
(an important input in steelmaking).
Despite possessing interesting mining opportunities, there are some infrastructure issues impacting
operations in Ghana. While the government is making concerted and effective efforts to address problems
in electricity supply, deficient transport infrastructure is a problem that will take more time to solve.
Despite having a generally sound economic and business environment, the current main issues with
investment in Ghana’s mining sector are economic, and the most serious is the government’s fiscal policy.
In recent years, there have been worrying indications of fiscal slippage, and this has had an effect on the
exchange rate and on interest rates. To address the budget deficit (which stood at 11.8percent of GDP
in 2012), the government has reduced subsidies and increased taxes, raising the cost of doing business.
Value-added tax (VAT) was raised in 2013, and there is talk of introducing a windfall tax. These new burdens,
coupled with wage demands from workers who see their purchasing power eroded by inflation, are making the operating environment increasingly difficult for miners and some mining companies have already had to mothball parts of their operations.
Major mining companies in Ghana
Key domestic players
•Adansi Gold Company Ltd.
•Ashanti Goldfields Co. Ltd.
•ButreAhanta Exploration Ltd.
•Central African Gold Ghana Ltd.
•Chinagold-GH resources (Group) Co Li Ltd.
•Discovery Gold Ghana Ltd.
•Goknet Mining Company Ltd.
•Gold recovery Ghana Ltd.
•Keegan resources (Ghana) Ltd.
•Kumasko Mining Enterprise
•Leo Shield Exploration Ghana Ltd.
•Mikite Gold resources Ltd.
•Newmont Ghana Gold Ltd.
•Noble Mining Ghana Ltd.
•Phoenix resources Ltd.
•Quivira Gold Ltd.
Foreign companies with operations in Ghana
•Abore Mining Company Ltd.
•Abosso Goldfields Ltd.
•African Gemo resources Ltd.
•African Gold Group Inc.
•AGG (Ghana) Ltd.
•Akoko Gold Ventures
•Akoto Stone Quarry Co Ltd.
•Akroma Gold Company Ltd.
•All Stars Associates Ltd.
•AngloGold Ashanti Ltd.
•AusdrillGh Ltd.
•Barnex (Prestea) Ltd.
•Birim Goldfield Inc.
•CAML Ghana Ltd.
•Cardero Ghana Ltd.
•Cluff Mining (West Africa) Ltd.
•Crew Gold Corp.
•Dbs Industries Ltd.
•Duraplast Ltd.
•Eastern Alloys Company Ltd.
•Ebi (Ghana) Ltd.
•General Metals Corporation
•Ghana Bauxite Company Ltd.
•Ghana Consolidated Diamonds Ltd.
•Gold Coast resources Inc.
•Gold Fields Ltd.
•Golden Star resources Ltd.
•Golden Star Wassa Ltd.
•Gyampo Mining Co. Ltd.
•Haber Mining Ghana Ltd.
•James Monroe Capital Corporation
•Leo Shield Exploration Ghana Ltd.
•Midras Mining Ltd.
•Newmont Ghana Gold Ltd.
•Nkroful Mining Ltd.
•Pioneer Gold Fields Ltd.
•rancho Ghana Ltd.
•resolute Amansie Ltd.
•resolute Mining Ltd.
•Satellite Gold Fields Ltd.
•SEMS Exploration Services Ltd.
•Sian Gold Fields, Ltd.
•Vimetco Ghana (Bauxite) Ltd.
•Volta Aluminium Company Ltd.
•Wales Holding Corporation
•Waratah Investments Ltd.
•Westaf Pty Ltd.
•African Mining Services (Ghana) Pty Ltd.
•Nevsun resources (Ghana) Ltd.
•Foraco International SA
•African Stellar (West Africa) Ltd.
Source KPMG International Cooperative (“KPMG International”).
empty shell dying in the HOT tropic sun of Sierra Leone
empty shell .. empty shell .. empty shell
sunenergy project does not mean it had anything to do with the company. You are grasping at straws there is nothing here and this is dead as a door nail.
SNEY where oh where are those diamonds????
Sunergy : JNF-USA honored for renewable energy efforts 12/06/2018
https://m.marketscreener.com/SUNERGY-INC-4108905/news/Sunergy-JNF-USA-honored-for-renewable-energy-efforts-27715667/
12/06/2018 | 02:57 pm
The award is named in honor of the late Bryan Medwood, a pioneer in Arava solar energy who created the Sunergy project.
Jewish National Fund-USA CEO Russell F. Robinson was honored at the Eilat-Eilot Renewable Energy Conference this week for the organization's contribution to renewable energy in the region. JNF-USA has invested over $1 million for the development of the local renewable energy center which brings together researchers from across the country to create new ways to produce and use renewable energy. The award, named in honor of the late Bryan Medwood, is presented annually by his family to an organization or person who furthers research in renewable energy carrying on the legacy of Medwood, a pioneer in Arava solar energy who created the Sunergy project and was a strong proponent for peaceful coexistence with the region's Bedouin population. He died in 2002 in a car accident when returning home after installing a solar operated refrigerator for a Bedouin child.
Upon receiving the Medwood award, Jewish National Fund-USA CEO Russell F. Robinson shared with the conference participants: “This award recognizes Jewish National Fund-USA’s work in renewable energy, and I am very proud to accept it at the world’s premier conference that focuses on how we can make the world better by rethinking how we use energy. The Gloria and Hans Schott Renewable Energy and R&D Center brings together the best researchers to do just that. I am confident that tomorrow’s answers to improve the lives of billions of people will come from this desert region of Israel – and that makes the work we do all that more vital for Israel and our planet.”
(c) All rights reserved The Jerusalem Post 1995 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers
The only hope is that someone needs a worthless shell and will buy it out to start a new company that has a possibility of being legit unlike this one.
Mdb1 or mike ? you do know that the pps recent buy sells are not retail investors as I personally have tried to buy at the pps of .000001 and received a rejection to the request with a message stating that retail investors are unable to purchase stocks at that price.
Clearly the buy and sell is not being done through retailers so that would mean that market makers are selling at this price or .... buying and maybe company is selling at this price
And doesn’t seem fair as it makes no sense that we have to buy at 100 times that price or more... if someone wants to sell shares at this price what would be the purpose?
If you try to place a buy order you will see that you can’t buy for less than .0002 the current ask
Good grief. SNEY is valued at $.000001!!!!!!!!!!!!!!!!!!!!!!!
It's essentially HOPELESS.
SUNERGY. ... Subsidiaries
Allied Mining and Supply, LLC
Sunergy Sierra Leone Limited
Mikite Gold Resources Ltd.
Sunergy Liberia Limited
Sunergy LLC. - www.sunergytexas.com
note some of the management on this website site, is also shown on zoominfo.com
Perhaps updated filings will show the performance of the subsidiaries; as they should -
Information regarding operations, production, services and mission for each should be updated to Sunergy website really not just a mention in a press release, or a filing -
Sierras Leone Consolidated ... ?
Add to list of subsidiaries Sunergy LLC. - for which manages www.sunergytexas.com products and Services include- Solar Panels installation note some of the management shown on this site are also shown at ZoomInfo
You are funny. No employees and no income. No work or word from them in years. Nothing but a stock scam.
Zoom info site for Sunergy under the More link has shown updated revenue -
We will need to wait on the audit for validation - of accuracy but it does appear that only a company representative is able to update the info on the site.
https://www.zoominfo.com/c/sunergy-inc/346592453
About 6 months ago it listed 64 employees and 12.4 m revenue I believe
Recently few months back cx to 60 employees with 12 m revenue
And today checked site and showing the following which would cause belief that trend has changed.
Location: 14362 N. FRANK LLOYD WRIGHT Blvd., Scottsdale, Arizona, 85260, United States View Map
Revenue: $11.2 Million
Employees: 56
Industries: Mining, Metals & Mining.
Codes:
SIC Codes: 1499
What revenue trend are you referring to?
Someone sold for $ 16.013 @ .000001 even though the pps was .0001 which would be a sell for $ 1,601.34 - either they are very stupid or part of the pps manipulation -
Dec 27 2018 0.000001 -0.000099 -99.00% 0.000001 0.0001 16,013,448
With 12m+revenue -3.05 m costs = 9m / 3b shares = .003 pps target or more if revenues trend continues
Another mining shell just went from $.000001 to $.001 in 2 weeks. Some venture capitalist saw potential. So there is hope Bali, et. al.
Nice charts
Monday someone sold .02 worth 20,000 shares to lower price and today - Tuesday someone bought 5.00 worth 50,000 shares - this appears to be manipulation .... maybe we should report this :)
I agree. It's an almost empty shell.
Yes, and why should anyone believe anything these guys say? Assuming they did work the land and waterways and found gold, diamonds, REES etc. they pocketed what they found and left shareholders high and dry. We just funded their hobby.
Wrong; they are borrowing money from CEO to go thru dirt looking for diamonds. At least that's what they said.
Almost empty shell, drying out from the monsoon rains. Soon you will just be a dry almost empty shell in the hot African sun.
Actually I stand corrected it was .12 cents worth as the sell price was .000001 @ 120,000
Someone sold 120,000 shares and paid a fee to sell 1.20 cents worth not even a 2.00 dollars worth to paint price lower - fairly desperate now - maybe or reall smooth ?
Last time they did this it was to turn around next day and buy 900,000 for 9.00 so maybe not a bad idea - but just shows there are peeps willing to sell for a loss -
Yeah and seen that buy for 150,000 for 15.00 not bad either
It should it is nothing but a shell and only fraudsters trying to skim the weak of mind trading this.
Someone sold 10,000 at .000098 paid a fee to sell .98 cents worth not even a dollars worth to paint price lower - they must be fairly desperate now -
Hmmm ... maybe that’s what we are supposed to think ?? maybe we should re-read the last 15 press releases
Yes possibly
This must be wrong. The last communication from company said they were in debt and borrowing money from CEO to barely keep alive.
Revenue would Rock...
I got mine!
Interesting info on zoominfo site after you click “more” - someone on inside would of provided details on site -
SUNERGY INC
Update Company Profile
Location: 14362 N Frank Lloyd Wright Blvd Ste 1000, Scottsdale, Arizona, 85260, United States View Map
Revenue: $12.8 Million
Employees: 64
Industries: Mining, Metals & Mining.
Codes: SIC Codes: 1499
Phone: (480) 477-5810
Fax: (480) 477-5811
Website: www.sunergygold.com
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Description:
About Sunergy: The Company is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable op...
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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.
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.
Market Value1 | $2,056,055 | a/o Jan 13, 2014 |
Shares Outstanding | 2,056,055,314 | a/o Sep 30, 2013 |
Float | Not Available | |
Authorized Shares | 3,750,000,000 | a/o Aug 17, 2010 |
Par Value | 0.001 |
Shareholders of Record | 124 | a/o Jul 02, 2012 |
Ex. Date | Record Date | Pay Date |
---|
|
Short Interest | 209,000 (54.47%) Dec 31, 2013 |
Significant Failures to Deliver | No |
ClearTrust, LLC |
Our management team including our Directors, Advisory Board members and on ground management teams have more than 150 years of mining industry experience with junior and mid-tier companies involved in exploration, development and production of precious metals worldwide.
He is a successful business owner, entrepreneur and investor in start-up companies, who also played a major role in the initial financing of Allied Mining, now our wholly owned subsidiary in Sierra Leone. Mr. Hale will assist in company financing, investor relations and will assist in operations and humanitarian activities in support of the people of Sierra Leone.
Larry Max Bigler has lived in Reno, Nevada for the past 25 years and has over 30 years of mining experience. Mr. Bigler is a practicing Certified Public Accountant with many mining clients, retail, rental and individual clients. Mr. Bigler is currently a director and chairman of the Audit Committee for General Metals (GNMT). He formerly was CFO, Vice President, and Director for Oro Nevada Resources and was instrumental in raising C$ 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.
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.
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.
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.
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.
http://www.dredgingtoday.com/wp-content/plugins/Viva-ThumbZoom/lib/v-zoom/graphics/zoomin.cur), pointer; color: rgb(8, 84, 199); background-position: initial initial; background-repeat: initial initial;" href="http://www.dredgingtoday.com/wp-content/uploads/2011/03/Three-Dredgers-and-Operating-Equipment-Arrives-in-Freetown.jpg"; rel="nofollow">
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.
About Sunergy:
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.
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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.
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.
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.
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
SUNERGY INC
14362 N. FRANK LLOYD WRIGHT BLVD | SCOTTSDALE AZ 85260
Phone: 480.477.5810 | Fax: 480.477.5811
www.sunergygold.com
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 |
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Click Here to view the Alluvial Gold Mining Report. (PDF)
Technical Report Mikite Gold Resources (PDF)
Mikite Report December 2009 (PDF)
SUNERGY, Inc.
Managements Plan With Budgets To Achieve Near Term Gold Production
Nyinahin Mining Concession near Bibiani, Ghana, West Africa
The Company
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
The Project
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.
Why Ghana
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.
The Opportunity
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.
Timing
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 | $ 150,000 |
Wash Plant Purchase | 250,000 |
Operating and Permitting Costs to Operate the Wash Plant | 50,000 |
Administrative and Overhead Costs | 50,000 |
Total To Be Raised | $ 500,000 |
Financial Summary
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: steve@sunergygold.com
President:
Garrett Hale
707 255 5836
garrettsvp@gmail.com
Sunergy Inc.
14362 N. FRANK LLOYD WRIGHT BLVD
SCOTTSDALE AZ 85260
Phone: 480.477.5810
Fax: 480.477.5811
www.sunergygold.com
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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 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
CLICK HERE FOR ALL NEWS ABOUT SNEY
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