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Thing is you have 3 billion shares and a technology that provides very limited power and has very limited use. That's not to say that it could not be improved, but I have never seen anything these guys touch succeed and don't think they really care about anything but hype value of the next latest and greatest wiz bang idea they can tout to market shares. Looking at their PR's over the years you can tell little to nothing ever happens but false promotion. This is a scam you can trade off of but truthfully after 20 years of following this it is the only reasonable conclusion any honest person could have.
I just like to remind the newbies that of the facts that you cannot trust the CEO and therefore this is a gamble and not an investment. I think you see it the same way.
Nice early start. Let's hope we can base off this and move up withincreased volume. Go SnEy.
You know, if I did not know better, I would agree with you. Thing is Durando is a crook and sells worthless paper and not products and you should know better than to believe different. Sure go ahead and delete the truth it will not make it less than real.
While I would more than welcome an early 4th of July present from management I doubt we see anything for another week or so. Hope I'm wrong but either way holding to make money and not flip. I do just wish they would get their act together and start looking somewhat like a legit company that knows what they heck they are doing. It would be nice to have some security of being current after a year and a half wait and seeing actual progress and numbers shown. Transparency would be wonderful. Ooops dreaming again wake me when the 10K gets out. Yawn!
Looks like some sleeze playing games again with the share price trying to scare up some shares. I don't think they are too smart since that never seems to work as SNEY longs have grit and holding for the big payoof. Go SNEY! Go Freedom! Go Liberty!
Agree with you on that one RISK and hope this post is not pulled. Socialism just took one step closer to running and ruining our country today. Come on SNEY need you more than ever now!
news out on warrant reduction
How can they if there are no buyers. You have to have liquidity to buy and sell. I see that as a downside to buying.
I think the gold price could hurt SNEY and us investors and I'm not talking about a few dollar drop but a drop to $1200-$1000 and a possible collapse if we go into a world depression to $300 to test the lows. Not saying it will happen, but it is possible.
You could look at it that way of maybe that person realized a new truth. Being honest about a situation in my opinion takes more guts than deceiving yourself and others just to make a profit. Nothing wrong with being honest despite what it may do to your investment. After all what is done is done and only the company controls what is meaningful in the end.
On another note watching gold and what is going on with commodities I hope we deliver and real soon. I've debated the inflation\deflation for some time and feel we have done everything possible to stave off deflation, but it is winning. Now we are seeing that China has been lying with their 7% growth and it is much less. If they are not propping up the gold market and we are having a worldwide slow down commodities will continue to decline along with stocks. We will soon start hearing the Recession word or worse soon as the jobs reports show a slowdown.
SNEY has a window to get this stock up, but it is closing and the longer the delays the worse IMHO it is for us long term holders, which after a year and a half I feel I am.
I see no trades. That is scary with no liquidity if yo buy and weird with such a large company. I even saw their ads on either FOX or CNBC.
You need to buy more cause the volume is way down. I'm not sure but it seems there is a lack of faith and grit here. Where are all the buyers? You know any day all the fins. will be in and this thing explodes. Steve said they would be here and you cannot doubt his word. I can hear the drums getting louder.
Two others mentioned are DDD and SSYS. I can see this being done on hard to get replacement parts and made to order parts and know it can be done with less expensive items, but not sure on the profit margins on cheap items when compared to China and other cheap labor markets when it comes to novelties and the like. I can see great potential over time as the technology and material prices get to the point where you could design and make you own or use a pre made design and modify it to personlize it. I could see huge potential products that have sports teams logo and the like if cost came down. Just think you could either order the item online and have it made in your home or have a small office\wharehouse and run a business and mail order items.
I cannot believe the negativity here. SNEY is the best gold play in the pinks with millions in gold just waiting to be counted and I bet that is what is paying the bills using barter at this time and that is why there's no dilution. Things are humming at SNEY and the bomb will drop soon. Too bad some have lost their grit and patience. Now they even call SP a liar? What is the world coming too? Go SNEY put on your dancing shoes!
I believe that they are in the paper business selling stories that people will buy more than anything else.
Saw a blip on Motely Fool on this and bought the newsletter where they name DASTY and some others. I have not read the report yet. I do wonder what the cost versus mass manufacturing using injection molding is and how quickly it works compared to it. I can see the advantage of little to no waste of materials and no need for huge wharehouses with on demand type orders and supplies. I also think this could be disruptive in good and bad ways as many could be displaced.
Startup? I think thiese guys have been in businerss for close to 20 years. I saw them in Atl. when they were at GA Tech at the big computer show when it used to be held in Atl. and even went to their after party as a VP used to be a client of mine. Never trusted Durando.
Thanks that was pretty funny. So, I see nothing has changed with our dear SNEY. Keeping my fingers crossed the K gets out this week and then the Q's to finally get us current or this will be a long long year. Credibility is what we need and so far Mgt. has failed in providing it and they and only they can change the perception, not posters on a board somewhere. Let's hope they are serios about building a company with value and provide proof as to what has been going on the last year and a half was progress and not spending money. Let's hope they give us a glimpse of what has happened and the future so people will want to stay in the game to see it play out versus bail.
Thing is since their existence they have never had a real success and bascially just been an elaborate way to sell shares to naive and greedy folks. The few that made money are the insiders. When you see large sales it is usually the company insiders just cashing their paychecks via stock sales so they can take a nice vacation. Buyer beware this is a scam. Only play with money you can afford to lose and trade.
so what did I miss? I see it fell hard and right back up. Any news? I see no Fins. still and the price is the same despite me not posting for a week. I left St. George Sunday with Debby chasing me and the power out on the island. Hope this week is better and things come together for the long suffering SNEY longs. Sure would like to at least get my money back, but the longer this takes to develop the worse for those that bought as investors like me and not flippers. Come on SNEY just DO IT!
I was hoping SNEY would hold up the .008, but with the news not out some that trade may not want to hold over the weekend. Maybe we get the K first of the week and the Q shortly after and things pick up for us longs soon. I just hope this is not another false alarm as building credibility and a positve vibe is esstential to the future success of SNEY and us longs. Looking forward to the day us long can cash in on SNEY's success.
What did we expect? I can say that when they promised to be up to date in March 2011 I expected they would be. I also expected that since they have been dredging and now most likly finished their second season we would have an better idea of what we had. I also expected that we would know more about the testing of REES. It is kind of like a trap and once in hard to get out since the carrot and stick are there but you go around a merry go round and cannot quite get the brass ring and every time you get close a Fin. has to be redone or the CPA is canned or some excuse for getting things done comes up. Will this time be another false start or the real thing? Hoping for the real thing this time, but will not be surprised it some other reason pops up either. Too bad a company with so much potential has mgt. that does not care about perception.
any guess just when ASTM will have a product out that actually makes money? They are great at spending money, but still no products or sales of products. This has been a never ending research project funded by stakeholders, manyu of which have died waiting for a product.
Art- if they have the dredges going and pull out the matts after a run are you saying they are just stockpiling the black sands in bags or a holding pond or do you think they are panning and getting out the visible gold? If they are getting out the visible gold would that not be considered production? Just wondering what the definition of production is here.
Wow it is alive go SNEY. ONly a bit more than a penny and back to BE. .10 by Sept. and I'll be happy for Sneyvillians one and all. All the Sneviilins were down in Sneyville holding hands and you could hear them sing, Sneyville, Sneyville, sneyvous, sneyvous welcone on the Fin. Day
Seems like another slow volume day for SNEY. At least so far SNEY is holding up and not giving it back. Also some new and return SNEYvillians are back. Maybe for another trade like last year when they made a quick sneyillions on the old in and out trade since some do not like the other name ScuubaSney uses. Will we get a Snek preview of the K next week?
Doing some research by watching the gold mining program and finally figured out the 6" was the hose diameter they use to suck the material onto the dredge. This guy then ran it through another sluice and then panned for the gold. They even had another grate for precious stones. This was in NC and they pulled out what looked like a decent amount from their honey hole. In one run they looked to have a few hundred worth at least. This looked to be a pretty sparse and low cost operation needing only 2 folks. Now I suspect the area we are in has a good deal more gold or we would not travel half way around the world. Now unless we are not panning anything and just dumping the black sand in bags they would most likely be taking out the visibale gold daily. Question is just how much do they have at this point? The longer it takes to get this information out and delayed due to Fins. the more it makes you wonder what is really going on and why.
Not sure of the year, but it was probably 20+ years ago or more when they were in Atlanta. At that time my $600 investment went to $25.
I owned this years ago and it did a 1:25 reverse split and I ended up with something like 25 shares. Last I looked at this stock it was trading around a quarter. Did they recent do another reverse split or has it just gone up?
I forgot we are only supposed to make stuff sound positive and provide anything close to as being plauasible connected as DD to pump. Sorry, my bad. I thought open opinion and expression was allowed. My bad. I should know better as reality hurts the traders.
Production won't matter if no one is willing to risk a dime on the stock due to the CE because they will think anything they say is suspect with the CE.
Huge difference between bid and ask. Where's all the love for this stock with all the potential gold and Rees? Maybe it is that CE that is dooming the stock. I would make getting rid of that priority one if I were in Mgt. Otherwise no one will derive any value from their shares including Mgt.
Gee, where have I heard that line before? Oh, yes, now I remember BMB. I do hope he's not involved with this one because then I would be very suspect. I do know many of his cohorts were.
Thanks- Have a great weekend. Going out on the lake on my cruiser with some scuba buddies for some serious beer drinking.
In the quarterly only 2 dredges were mentioned. Not sure where you found there were more. Do you have documentation?
No one diver and two up top. Just wonderting what the other 60-70 are doing. It is a serious question and did not deserve a glib answer.
Not to rain on your parade, but we have only 2 dredges. These dredges have to be moved around and explore different areas for the best material. I'm wondering with them having what 70-80 people working for them now and there's usuall what 3 people including the diver at most on a dredge what is everyone else doing. If they are panning gold in a pit that they are dumping the dredge material would we not have some production. I guess some of this is just not adding up for me. Maybe the rest are digging in Ghana?
Gold back over $1600 on crappy jobs report.