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Yes, and if I had money to invest I might have. Thing is I do not so why do you bring it up all the time when I tell you the same thing each time? That's like saying if I sold at .028 I would have had a penny profit. Point is I did not so what's the point?
Let's just hope they get current and rid of the CE and then we can see what is going on as far as production. The sooner the better. Come on SNEY - Get er done!
Many companies spend millions on paid promotions. I'm sure you get fliers in the mail promoting penny stocks as most here do. They also use online groups to do mass emails. It is funny to look at the disclosures and see just how much they spend on promotion making wild promises. Not too long ago LEXG, a lithium play was promoted with huge amount of money and went from being a penny to $10 in a massive P&D. Now those guys have a .51 stock and most I'm sure well underwater. I'd rather see that SNEY is a legit player that succeeeded in their plans and made money for their shareholders the old fashioned way versus being a typical penny P&D.
It was years ago I remember there being fraud involved with Ivan, but not sure it had anything to do with the recent run up. I think they were purchased by Rio Tinto where they not?
Yes, and that was fraud related.
While I would not complain if it happens it would have to be something huge to get the stock up and I agree with Risk it would probably be REES, that is unless gold goes crazy. A move to a dime would be a a huge move from here. I just like to stay slightly in the realm of reality. Any dollar talk would most likely be years away.
Yes, pump and dump wild promotions do occur, but is that what anyone here wants? I thought we all wanted a real company that produced revenues and grew.
A dollar would mean we are worth 2-3 billion so without a long period of time and everything going right that is not likely with the amount of shares we have unless they do a reverse split or have a huge buyback to get the share count down. Getting current and the CE removed may get us to .01-.02 and who knows what happens if they can produce a few million in revenue. Maybe we get lucky and see .10 by this time next year, but they have to get their act together and doing things right so confidence in the future prospects keep people in the stock versus just flipping or pumping and dumping.
Selling to the Chinese or whomever the highest bidder is would be great to help with funding operations and not diluting the stock further. Who knows just maybe if it brought in enough cash they could even buy back some shares and actually boost the price of the stock. Now that would be a pleasant change!
Glad to hear that!
Yes, I understand what erosin is, but fact is they stopped dredging in July last year due to rain.
Problem is Dale does not communicate with shareholders and what Steve gives us is either wrong or very late. I would like to see Dale put out a PR for all shareholders as to what is going on. You said they you process as you go to cover cost. That makes sense to me. So far, we have no idea if SNEY has processed anything or just stockpiled black sands. I wish you the best of luck and health. Take care.
Rain stopped them from working last July according to the Q so how is the rainy season going to help us this year? How long have they been dredging? Since weather is pertinent and you can check it for yourselves rainy the next 2 weeks this should not be deleted. It is factual.
Get that Gold fever up to a high pitch. Build on greed and getting rich quick. How about actual results and less BS!
Weather in SL looking very wet the the two weeks. Last year many said they could work all year or most of it in the rain, but the Q said they stopped in July due to rain.
Keep selling dreams. Look at all the buyers it is bringing in. SNEY mgt. are you dredging and if so when did you start? What have to pulled out and sampled? How about an update!
I suspect that there was not enough buyers to sell into for the flippers and those already in just waiting for the 10K and hopefully good news.
That would be me. Usually, they do not come late in the day. Gee, I was wrong. Now admit you were wrong how many times? Too much to count. I have no control of the price and am not trading. I'm sure you sell everytime I question something along with the 100's that follow my every word. Sorry, if someone followed my track record recently between Katx and SNEY they would know not to trade on what I do. Buy high and hold. Now who would willfully follow that? You end up in my shape by looking at a stock, whcih I did for a long time before I bought, and buying on promises and hype that fail to happen in any reasonable time frame. No, Risk, I would not follow my picks. I'm just stuck with them. Maybe you should follow your buddy Tradersrule?
Not surprised, except if they finished dredging in July of last year and had given a estimates. Why no production during the rainy season when they had time to process the material. They could have at least pulled the gold out and lfet the rest for further processing it would seem.
must have thanks for the information. When will the exercised warrants show up in cash?
Heck, I don't want the shares slammed down at all. I have to get past .018 just for BE and not buying so no reason for me to want anything but for it to go up. Only folks that want it down are traders. I'm not a trader. I bought high and held low. Some how I think I got things backwards. I do prefer the truth over hype and wait for the day SNEY get's it's act together. I do find any comparison to Keegan kind of a joke as they have less shares and a huge stockpile of gold. Heck they are almost trading at their cash per shares and we don't have any cash to speak of as of the last Q that is.
Will what ASTM be old science by the time they get out a product? Since these ideas started in the late 70" and early 80's I think it could be trumped by folks that built on their knowledge, but have a better mousetrap. Just a few weeks ago I saw that a group had taken a skin cell and learned how to turn it on to form a new heart. Any thoughts on this? I had said years ago they should have spent money on growing hair and by now would have a product.
If the Q instilled confidence I think the price would be up and not down. You can blame the naysayers wanting proof when the price goes down after a Q comes out since we all can read. To make it sound anything more than neutral at this point would be intellectually dishonest. It still raises the question of income. We still are depending on warranst or selling stock to fund operations where we had hope by now to be using gold revenues. I just hope the K shines more positive light on the stock and proves those that have been so positive and said "we have not seen anything yet" correct. Becauise when reality matches hype then the stock will take off and if not there will be some PO'd folks for sure.
I hope you are right and we get some revenue and are actually dredging now. I know last year we assumed they would double or triple the amount of dredges, but have heard nothing more about that. Maybe if we have 3 million in gold we coul get back to a penny plus some. Thing is how long do we have to wait to verify this? Will it be in the 10K?
Really? The truth has no agenda. It only seeks to be verified as such. I do not know why any true long would be afraid of the truth. Now traders looking to make money off of hype and dreams where no substance can be found maybe afraid of the truth because that could cause them to take a loss and ruin the story line. I just do not want to see any pumps and dumps. If SNEY has what some say it does then no matter what anyone says the stocks value will come out in the financials and the price will go up.
Really, we all should care that they have good news because you cannot make money on promises of what could be unless you are just trading. I'm here for the pot of gold at the end of the rainbow. Good luck to you and all of us.
All I can say if they do not have some meat with the 10K then this will fizzle for sizzle.
OK. Read the Q and while it is positive they actually got it out I'm not sure what the excitement is since it really gave us no hard data, but more of the same. Just enough to try and keep some glimmer of hope alive. Data on minerals to be disclosed in the future? That is BS. Talk of a partner? Heard that before. REE's, yes, that one is getting long in the tooth also. Nice to know they stopped dredging in July. It would be nice if they said when they started back, but maybe I missed that. Looks to me they are spending alot and have very little cash at this point and while the local natives have jobs and happy shareholders see no revenues and they will not even say it is viable at this point. So, we are left hanging. Maybe we actually learn something when the 10K get's done? Carry on. Oh, sorry- GO SNEY!
It really does not matter if it is always wrong. Either way it is the job of Mgt. to keep shareholders equally and legally informed.But I guess I'm just asking for too much. Good day!
Looks like Tuesday will be the day. And if not Tueday then Weds, or Thursday or Friday or next week.
Seems a few suffering from delusions of grandeur here. Then we have one that puts those that question in the infidel column. He also says that he will not depart information to those not in his circle. Now if the information is other than what has been put in PR's it could be considered inside information. I guess that maybe they are not familiar with Red. FD? I would think SP knows the law. Also someone that has been around for awhile would be smart enough not to act like he has information from the company that has not been disclosed.
oops going the wrong way.
LOL
Hoping fopr the best, but after all the BS I just don't get my hopes up any more with SNEY. Maybe if they actually do what they said they would then maybe I could cheer a bit, but at this late date it is hard to get enthusiastic. Have a nice weekend.
Looks like our little stint at .005 was a short one.
Where have I heard that before? It won't happen and I can almost guarantee it since the market is closed I suspoect for the holiday on Monday.
No. If everyone knew for sure the stock would be up.
I did not say he would be wrong I just questioned if it would hold or just be yet another daily flip. It would be nice to see it as a new base, but without something positive besides hope it can't hold.
Not saying he did, but some prohecies are self fulfilling.
Mikey corrected me. Sorry, I was mistaken. See saying you are wrong is not hard. Maybe you should trty it sometime. Oh, forgot you are never wrong.
Have I not said numerous times I have no play money? Even if I did I'm not sure what is really going on with SNEY besides hearsay so why would I want to buy more until they actually do what they have promised for over a year? Why should I as a shareholder believe them after all the timelines they have missed. By the time they get around to the next Q another one will be due and therefore at this pace we never get current. I'm not sure if it is just poor management or they are seeking to hide what is really going on. I have never seen a company that has supposed great information drag their feet in telling people what they have. Sure there are taxes to be paid, but they knew that going into the business. So far, they are not passing the common sense and smell test.