Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
thiiiiiis iiiiiiiis boooooooring!!
16 Press Releases by Kruse in about a month span...then nothing since. Hope we are right!
Core Business...Deceit.
Ghana set to become fastest growing economy in 2011 - World Bank
January 13, 2011
Accra, Jan. 13, GNA - The World Bank has projected that Ghana would be the fastest growing economy in Sub-Saharan Africa, with growth rate of 13.4 per cent in 2011, dropping to 10 per cent in 2012.
Launching the Bank's global economic prospects report via a video-conference on Thursday, Mr Andrew Burns, Manager of Global Macroeconomics in the World Bank's Prospects Group, said Ghana was still in position to register strong economic growth without the oil sector, particularly in construction services as large infrastructure projects were being undertaken.
He said, Ghana's economy benefited from strong rebound of both volumes and prices of gold and cocoa, increase in tourism, and higher household and government spending last year, with growth rate estimated at 6.6 per cent in 2010.
However, Mr Burns cautioned that if the inflows from the oil sector in Ghana were not managed prudently, it could distort the incentive structure for agricultural exports.
He said developing countries had recovered so fast from the global economic downturn and were now pulling along the high income countries, which was unusual.
The report noted that Africa appeared to have sustained growth and transformation in 2010 and the private sector was increasingly attracting investment into their economies, adding "Africa appears to be poised for sustained growth due to private capital flows."
The World Bank said most developing countries had in addition, recovered from the world food crisis and had projected a steady global growth for developing countries.
"The world economy is moving from a post-crisis bounce-back phase of the recovery to a slower but solid growth in 2011 and next with developing countries contributing almost half of the global growth," it said.
It estimated that global GDP, which had expanded by 3.9 per cent in 2010, would slow to 3.3 per cent in 2011, before climbing back to 3.6 per cent in 2012.
The Bank noted that developing countries were expected to grow about seven per cent in 2010, six per cent in 2011, and 6.1 per cent in 2012.
It said the growth rate in developing countries would continue to outstrip growth in high-income countries which were projected to grow at 2.8 per cent in 2010, 2.4 per cent in 2011 and 2.7 per cent in 2012.
The Bank said strong developing-country domestic demand growth was leading the world economy, yet persistent financial problems in some high-income countries were still a threat to economic growth and required urgent policy actions.
Low income countries were projected to be strengthened more with a growth rate of 6.5 per cent in both 2011 and 2012, since their countries saw trade gains in 2010, and overall, their GDP rose by 5.3 per cent in 2010.
According to Mr Burns, the global food prices were having a mixed impact.
He said in many economies, dollar depreciation, improved local conditions, and rising prices for goods and services indicated that the real price of food had not risen as much as the dollar price of internationally traded food commodities.
GNA
ah ha ha ha aha ha ah ....LMFAO!!!!
The buy buttons will break from too much usage shortly......
Thousands of dollars just waiting to be infused into this once we get news. Get ready for a huge run.
If dredges ship tomorrow...when will they arrive? when will production happen? Weeks? Months?
I hope so....but from what I've seen...no explosion can be expected anytime soon.
this stock is going nowhere until the company can get its act together. expect a flat line for some time.
SNEY-BEST MINING STOCK OF 2011
bye bye 000s! Train brake is off. We have started to roll....let's get this thing to full speed.
2011...YEAR OF THE RABBIT. LTA
THAT IS THE TYPE OF NEWS I LIKE!!!!
ALSO LOVE THE WORDS "ADVANCED STAGES"
Humm........ still waiting for our next conference call and for CM to go on the radio show like he said he was planning on doing....
End of year. expect it. Turn off your computer and check back January 15th. Might save you a few grey hairs.
End of year. expect it. Turn off your computer and check back January 15th. Might save you a few grey hairs.
From SNEY..right next to EMLL..
Downstream from Nyinahin, 1.45 million ozs of gold have been produced from the Offin River valley, more than from any other river system in Ghana. The Bonte-Jeni tributary system, which has produced more than 200,000 ozs of alluvial gold, and is the Offin’s most productive tributary, enters the Offin River valley at the eastern edge of the concession. Below this confluence, the Offin River continues for ca. 10 km through the southeastern area of Sunergy’s Nyinahin concession. In summary, there is excellent potential for economic recovery of gold from the alluvial deposits in the Offin River Valley within Sunergy’s Nyinahin concession.
Downstream from Nyinahin, 1.45 million ozs of gold have been produced from the Offin River valley, more than from any other river system in Ghana. The Bonte-Jeni tributary system, which has produced more than 200,000 ozs of alluvial gold, and is the Offin’s most productive tributary, enters the Offin River valley at the eastern edge of the concession. Below this confluence, the Offin River continues for ca. 10 km through the southeastern area of Sunergy’s Nyinahin concession. In summary, there is excellent potential for economic recovery of gold from the alluvial deposits in the Offin River Valley within Sunergy’s Nyinahin concession.
LONG AND STRONG. WELCOME 2011!
GREAT DD....
UWRL..ON THE BREAKOUT BOARD...
News release in 3 minutes!
Time to load up....I'm backing my golden dump truck up...soon it will be filled with gold!
What is Steve Parent's email?
rafter = big jump in pps!
CE in process of being removed. They have zero dept. See PR from today and do some DD before making comments....
They have dredges on the ground and will be in full production first week in JAn. Trust Me. They are a hell of a better company than this one. I own positions in both. See todays PR from SNEY.
how?
close at 16???
SNEY BIG MOVER
I like this:
"Achieve 600 tonnes per day processing by August 2011"
this region is becoming a hot spot...neighboring company...also heating up
http://www.elmanielinc.com/gold_mining.php
ANYTHING UNDER .05 IS A TOTAL STEAL RIGHT NOW. THIS IS GOING TO BLOW UP IN THE NEXT COUPLE MONTHS!!!!
THERE WILL BE NEWS THIS WEEK. GOOD NEWS>VERY GOOD NEWS.
Come on baby bust through!!! Daddy needs a new pair of shoes!
Take 17s down!!!
Take 17s down!!!
16s!
Gimme a refresher...what are we expecting this week?