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Old news. SSDD. How about a freaking update!
Old news. SSDD. How about a freaking update!
Old news. SSDD. How about a freaking update!
Well, you can only call wolf so many times and then people won't buy until news hits. You maybe late to the game, but then you will not join the chorus of bagholders or catch a falling knife if it is yet another false alarm. How SNEY mgt. has handled things made people skeptics otherwise, like you said the volume would be way up in front of such big news coming. They seem to give a little and then push that timeline out further and further until you are into next year not being any better off and maybe down even more and folks here may not be as vocal as me but the volume proves they are thinking the same thing or tapped out.
In the precious metal sector alone, there are in the order of 10,000 mineral prospects being explored to some degree around the world.
Based on Newmont data, out of that 10,000, roughly one in 1,000 will result in a resource of greater than 100,000 ounces, and one in 10,000 a resource of 4 million ounces or better, annually.
I do wonder why Ron has not set up to do a Reverse Split and then short his own stock. I would not put that past him.
Let's hope this time is for real and SNEY mgt. shows integrity and rebuilds it's credibility.
That would be Steve I'm assuming and so far his word has not been reliable so while I hope for the best I expect more of the same posters that say they talked to him and him saying it will be done and nothing happens. Not shooting the messenger, but consider the source Mama used to always say.
You misssed a zero I said .0001 and not .001 like you stated
I think the lowest it can go is .0001 is that correct?
We know they do have something other than shares to barter with and we have no control over that. Remember those pesky audits for Allied and how hard it was trying to figure out expenses and income in a cash business. Brings me back to memories of a race track operation I knew about that took cash at the gate, concessions and the like. When the person tried to sell it how could he ask millions when he only showed income at 500k?
Thing is with a public company if they paid themselves first and did not book it as revenue then that would be embezzlement, but who would know half the world away? Comes back to trust. If we find it hard to trust them to do the little things can you trust them to do what is right when the temptation of have visible gold in their hands is there. I guess we have the same possible problem as the tax collectors in SL and Ghana.
OK then stop posting BS and I will.
Gotta love the disclosure statements. It does make me wonder if companies now use these in general as a excuse for failure or just to cover their ass. I do think many pinks use them to excuse and hide their criminal activity and all they do is issue paper and live off the funds of investors. I do wonder how many pinks are even legit at this point or care to be.
See now you are pumping. We are not going anywhere much less .20 until we have everything and show a ton of gold and you know it!
Why? Becuase we were not all as wise as you Art. Many believed their so called friends and the CEO that said "WE GOOD" and all those $3 a share due to HC BS and bought more KATX only to now be screwed out of those shares after holding on because at .70 for BVIG you had no loss. Well, before you know it the stock sinks to near nothing. So if you held on, but not long enough you get screwed. I even think those that held to the end will get screwed because I doubt this criminal Ken Stead gets to P&D this again. Either way I intend to do what I can to warn people to stay away from this POS so they don't get burned like I did. Ken pissed off the wrong person!
Well, Risk you can have blind faith or base it on what they have done in the past. Which makes more sense? Will they change the way they have done things? That's the million dollar question we won't know until it is done.
You did not say it was a good or bad tell. I'll sell you my shares if they go up to where I want to sell how about that.
Same thing I heard said by many over a year ago and we are still in the same boat. Wish it were different, but I'll believe it when I see it.
Yep, that is how they get us by buying into the dream of big things and forgetting reality and only seeing what we want to believe. If, SP is just telling callers what he thinks they want to hear and then they repeat it on the boards and it does not come true then they have to feel bad assuming they have a conscience. Maybe we should collective ask SP to resign if they fail to come out as promised on May 15th. Something has to change and if he's the problem and not the soltion then he should be gone!
I remember a sage geo once said that good news comes on a fast train and bad news on the back of a snail or something to that effect.
Where are you getting 2 million from I only see a bit over 900k both here and on yahoo?
Yep, looking like an ugly girl. It also looks highly doubtful that we get the fins done by May 15th at this point as that is only 3 weeks out. Not sure how many hits to their credibiilty they can take without destroying the stock completely. They are doing their dam best to kill it with very poor management. I do wonder with how many more imaginitive excuses they and members of the board can come up with assuming they miss the deadline Bali reported. I'd sure like them to make a doubter like me into a believer by for once hitting a timeline they gave us.
What SNEY has is a lot of potential and a good story with two properties. Until they prove up minerals and book revenues it is nothing but a story with potential and the longer this drags on without some proof the lower the stock goes as less believers hang on and money finds a place that treats it better. So has the shareholders let down SNEY or SNEY let down the shareholders?
Bali will you be saying the same thing in 3,6,12 months if we are still not current and have no news? Just wondering.
Looks to me the value of both KATX and BVIG sinking ahead of the supposed spin off or whatever you call the next scam. Probably never happen and just a ruse so Ken can unload shares on unsuspecting fools that buy into the con. Too bad all the faitful in the end will get screwed. Well, not really, IMHO they deserve it in spades.
But does not booking sales and showing revenue become a problem when you file your Q's and show nothing but stockpiled material? As investors people what to see progress and revenues and at some point you have to realize the value to get the stock price up, which I believe is what most here want. Now if they are just stockpiling material and hope to sell the company in one fell swoop that maybe another metter, but we really do not know their intentions do we?
Sorry just put in SNEY for the last 2 years weekly.
So what do the charts say?
http://stockcharts.com/h-sc/ui
Broke 50 day and under 200 right when I had hope we would stay above the 50 day and break that 200 and never look back. See those two spike and then it falls off a cliff what would you call that?
No, but I have not looked at any.
The only spin going on with Katx/Bvig is the truth. Once realized both will be worth zilch and the loyal longs will be gnashing their teeth.
Sorry sounds too convenient to me of an excuse because at some time or another you have to recognize revenue. If you want to be seen as legit then do what is required and stop playing games. So you may have to pay taxes so what it is part of doing business. This is especially suspect right after they told Bali everything would be done by May 15th. The stock price is a truth barometer and so far it is not liking what is seeing.
Ever think they might be another reason for the delay? Like maybe things are not that rosy and they just don't want to say anything?
Noted, but not funny.
Not your fault Bali you were just passing on what SP imparted to you like so many that have come out with egg on their face. I really wonder why SP continues to be wrong and basically mislead shareholders. If they wish to be consider legit should'nt he try to build versus tear down credibility? Maybe they want everyone to get pissed and sell and then they come out with news. I really wonder if SP is a Sociopath or something.
Maybe because he never replies to any email? You just give up after trying a dozen times. Either way you certainly can count on his word since he either has no clue as to what the real timing is or just tells people what they want to hear. After over a year I feel like SP is our Iran. They just string you out forever and never give you what you want.
Maybe the objective was to stay listed and not uplisted. Just all conjecture at this point.
No, just another whiner- LOL sorry I had to say it under the fair play do onto others law. I've tried to reach SP numerous times and gave up. Seems he does not like me. Hmmm- maybe it is mutual.
Then logic dictates no big news will be released until we are current and those shares are tradeable would you not agree?
Well, most PP folks know the odds are not good in gold mine stock, but the odds are very good in trading their stocks because the odds of a spike either due to news, hype or paid promotion will yield a nice return sometimes 100-500% or more in a relatively short period of time. I doubt most are long term investors, thoug some may hold a portion in free shares just in case paydirt is hit, but that's not their game. If you have been around you have seen it before. A stock will rise quickly on news and hype and then crash after a huge amount of shares from PP folks are dumped thus causing a P&D. Then it is wash and repeat until the game no longer works. Will it happen here? Well, unless they news is so huge and the potential amazing that will keep people in the game then it likely will. News will have to be very big to eat up all that float and shares being sold into the rally.