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What do you mean? How casn orders be held back?
Just like I said...1 Monday and 1 Tuesday:)
PR Monday AM for sure!!! A second Monday pm or Tuesday!!! Here we go!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! It is coming. This is confirmed.
Hey thanks fellas...I am long here and I am just as anxious as anyone for some great news. I wish Parent wouldn't bs any of us. I just post what he sends. I am waiting for this thing to hit .25-.50. It will imo. I want us all to succeed...we deserve it for being here so long anyhow. Good luck to all.
Update from Parent 5/20:
"8k shld be filed today. Another on monday. Operations update follows. All good."
I hope this helps everyone!
Just off the phone with Parent:
We will have another 10Q and production update this week! We may have a 2nd 10Q also...everything is ontrack...operations and production are underway. No worries. No dilution. MM's manipulation of the stock right now, nothing more. Nobody inside the company is selling. We are going NORTH!!! TAKE THIS AS AN OPPORTUNITY TO BUY!!! Looking forward to what is coming...thanks.
BUY ANYTHING UNDER .05!!! THIS IS AWESOME NEWS!!!!!!!! HERE WE GO FELLAS!!! WE ARE ON OUR WAY TO A DOLLAR FOR SURE!!!!!!! BUY, BUY, BUY!!!!!!!!!!!!!!!!!
SPOKE TO PARENT: He is in Vancouver. Filings for 2009 should be out tomorrow!!! He said there is gonna be a swarm of info coming out very soon. It is all gonna be good. The conversation I had was for about 5 minutes. He is very excited and I think we are in for the ride of our lives here SNEYers. This is very encouraging...lets hope it all hits as expected!!!
Do you have any clue about what is going on?
Not yet...
This is odd??? No volume?
Parent update: He sent me a text saying he was in a board meeting all day...I will call him later and fill you all in...
I am trying him again now!
Trying to contact Parent now...2 calls, 3 emails...
SNEY = STRONG BUY ACROSS THE BOARD!!!
http://barchart.com/opinions/stocks/SNEY
Sticky This Again!!!:
Updated SNEY Gold Valuation…
To fully understand the updated SNEY gold valuation below, I think you must first read what was PR-ed below on 10 Nov 2010:
Quote:
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http://ih.advfn.com/p.php?pid=nmona&article=45359065
… The dredges have custom modifications based on field testing and sample mining by Allied Mining & Supply personnel and are being custom fitted with gemstone and heavy mineral sands recovery systems. These three 8" dredges are capable of processing about 50-60 tons per hour each for total processing of about 150-180 tons of material each hour. The plan is to deploy around a dozen or more additional dredges over the next several months. …
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50 tons per hour x 3 Dredges = 150 tons per hour per 3 dredges
Within that same PR, we have…
Quote:
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http://ih.advfn.com/p.php?pid=nmona&article=45359065
…Substantial concentrations of gold have also been determined to be contained in the concession. Data indicates gold concentrations ranging from 1 to 18 grams per tonne of material. …
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So, let’s use as an average a conservative mid-range of 9 grams of gold per ton. Use the substitution Property to mix and match any of the future numbers released from the company to plug into the thoughts below to derive future valuations. Particularly, do this once SNEY puts in place any number of dredges above the 3 dredges that are to begin their operations.
Consider below the minimum amount with having a minimum amount of processed material of 150 tons per hour per 3 dredges…
150 tons per hour x 9 grams per ton = 1350 grams per hour
Consider below knowing that… 1 gram = 0.0352739619 ounces
1350 grams per hour x .035 = 47.25 ounces of gold per hour per 3 dredges
Let’s calculate using the minimum amount of 47.25 ounces of gold per hour per 3 dredges…
47.25 ounces of gold per hour per 3 dredges x 24 hours per day = 1,134 ounces of gold per day per 3 dredges
1,134 ounces of gold per day per 3 dredges x 30 days per month = 34,020 ounces of gold per month per 3 dredges
34,020 ounces of gold per month per 3 dredges x 12 months per year = 408,240 ounces of gold per year per 3 dredges
The price of gold has been hitting above $1400 per ounce over the past few days, but I will use a conservative amount of $1300 per ounce for the price of gold and a conservative 25% Net Profit margin to derive an Earnings Per Share (EPS) and 12 for a conservative P/E Ratio. Although the Outstanding Shares (OS) is 946,197,880 from what is on file if the anyone was to call the Transfer Agent (TA), I will use the OS amount that’s listed on the SNEY website of 1,046,197,880 shares because it captures the additional 100,000,000 shares that were used to close the acquisition of the gold property.
408,240 ounces of gold per year from 3 dredged x $1300 = $530,712,000
$530,712,000 x .25 Net Profit = $132,678,000
$132,678,000 ÷ 1,046,197,880 OS = .126 EPS
12 P/E Ratio x .126 EPS = $1.51 SNEY Price Valuation from 3 Dredges
This is the minimum from 3 dredges… Now let’s consider the amount if they were to put in place 3, 6, 9, or up to 12 dredges as per their plan they have PR-ed…
3 Dredges = $1.51 SNEY Price Valuation from 3 Dredges
6 Dredges = $3.02 SNEY Price Valuation from 3 Dredges
9 Dredges = $4.53 SNEY Price Valuation from 3 Dredges
12 Dredges = $6.04 SNEY Price Valuation from 3 Dredges
As a reminder, I think it’s worth reiterating that at some point in time, I think the market will realize even more that SNEY has an individual that is part of their team that has written reports about the quality and validity of their property that has 31 years with the US Department of Energy (DOE) and is the person who headed up the famous Yucca Mountain Project. This person is Robert A. Levich, CPG, PG, EurGeol, FSEG, FSGA, Director.
http://www.sunergygold.com/corpmanagement.html
A man with his qualifications would not be here with SNEY doing reports and vouching for them unless he knew that what they have are not just real, but very real. His credentials speak for themselves. Robert A. Levich is the person who is responsible for writing the report below about SNEY’s Nyinahin Prospecting Concession located in Ghana:
http://www.sunergygold.com/ALLUVIALGOLDMINING.pdf
SNEY controls 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license. The concession is surrounded by several operating mines and is adjacent to Newmont Mining's property. Newmont Mining trades on the NYSE under the ticker of NEM and it currently at $63.00+ per share:
http://www.newmont.com/
Below are some other companies within the area that could be used as a future gage for confirming the magnitude of SNEY’s location of properties:
AU:NYSE @ $49.00+ per share:
http://www.anglogold.co.za/default.htm
GSS:AMEX@$4.00+ per share
http://www.gsr.com/
GOLD:NASDAQ@$93.00+ per share
http://finance.yahoo.com/q?s=GOLD
IAG:NYSE@17.00+ per share
http://www.iamgold.com/
ABX:NYSE@54.00+ per share
http://www.barrick.com/
SNEY has recently completed the 100% acquisition of Allied Mining and Supply, LLC (Nevada) and sign a definitive agreement. The company has recently obtained a NI 43-101 Technical Report.
Also, the above valuation does not even include the recent PR they just released on their Rare Earth Elements (REE):
http://ih.advfn.com/p.php?pid=nmona&article=44916977&symbol=NO^SNEY
Also, the above valuation does not include the recent PR they just released on their Titanium:
http://ih.advfn.com/p.php?pid=nmona&article=45462941
Here’s an article to understand the importance of SNEY and its role with providing the rest of the world a source for obtaining REEs:
http://www.bbc.co.uk/news/business-11633929
This is basically a post to show the potential that can be captured here in SNEY as they have already taken the major steps to move forward with beginning their operations in Ghana. Something very important to note is that they have already secured financing for the 3 dredges to secure SNEY’s direction for capturing at least the first of the valuation thoughts I posted above as confirmed in the PR released on 29 Nov 2010 PR below:
http://ih.advfn.com/p.php?pid=nmona&article=45425218
”…Now that our initial 3 dredges are financed, we are targeted to begin operations in early January 2011." …
Look for more major developments to greater confirm what I have posted above in my opinion.
v/r
Sterling
So @ 1000% 5.70 is your number?
What are your thoughts here near term? .10?
What time does the market close today?
Inside Upper Bolli...strong.
I am going to call Parent again tonite and ask him where we are with the fins/pr's etc. I hope he answers again! Hold on here fellas...we made be in for the ride of a lifetime. If this goes to where we all know it can we may have to have a SNEY party at my house! I will even invite Parent:) If I get anywhere I will let you all know for sure.
Parent told me that first PR will be the one that makes this thing go balistic...everything is up to date, waiting on the Canadian Auditor to reconcile with the US guy. He made over 30 calls yesterday to find out where it all was...I expect it by the end of the week. Once that is done a series of produciton news reports etc. will follow and then test results and profits. They have the current 10k ready also and are waiting for 1 form...they are set and this SNEY is going to blast into...well SNEY LAND. :) Don't miss this ride. We are on a rocket ship.
...and with that, $2 a share would need to be a minum.
Parent also told me that shares are getting scarce...that means PPS is going to blowout...
SNEY valuation:
Does anyone here think MolyC@rp is worth a market cap of 6B? They are trading at 72 per share. No earnings, losses all over the board etc. SNEY can easily hit $2 per share based on PE's and sector valuations...
Parent pretty much told me to buy more, sell or hold onto to what I have...he sounded realy postive about all of it. He is pretty frustrated about the fins from what I can tell...He said when the filing is done, and pr's start rolling then look out. It may be obscene pps jumps. They are chomping at the bit to get this done. We also had a lengthy discussion about controllling the message and that I pissed him off with posts the last couple of days. He answered my call which is all i wanted from the beginning. Everything in Africa is going as planned and when the first pr is released we should all know very well how strong SNEy is...I guess i am going to buy more...put another 25K away already and probably going to buy another 100K. Then just keep buying on the way up. He eluded to the fact that SNEY is 1 of 5 companies that are in postion to profit quickly and postioned better than any other company in the market in this sector.
Yes...production is currently underway and all is going extremely well!
I will tell you what, some of these other companies are huge in negative earnings and are trading at $15.00 per share, why would this not do the same thing? This may get ridiculous...I hope so:)
No idea...that is what he said? He told me why would j@rkoff before going into a wh@re house...making the comparison that the we could all sell stock now, but we would miss the BIG payoff...He was with the chairman of SNEY and asked me if I wanted to speak with him to verify anything. I didn't need to...he was being very frank and honest as far as I could tell. If they partner with the right folks I really think SNEY could be higher then some of REE etf's in the market. I did tell him that it was his responsibility to control their message and that I was sick of the bs. Then he said "I want the fins done much more then you do, I feel like a billy goat on a field of astro turf." That made me laugh...who knows how they will do what they will do, but my bet is that this is the place to be, the right sector @ the right time. Just like the dot-coms of the nineties, why would you want to be anywhere else in a starving economy with limited resources. Gold and REE's are the play of the decade.
Steve Parent Conversation:
So I finally talked to Steve last night for an hour. Yes he was pissed about my posts, but it got his attention. Anyway, there will be a series of 5 or so filings due out beginning this week sometime (if Canadian Auditors do their jobs). Then production PR's, 10K's etc. We talked about splits, no reverse in sight and highly unlikely to commit to forward again. They are talking to some big companies right now for capital injections. He would not predict the future, but told me they are looking to uplist to a major exchange and if they need the stock to be at $4.00 to do that then it will go to $4.00. He mentioned others in the space ranging from $15-$75 per share and how they were much further behind SNEY. I liked what e had to say and I would not doubt that this stock is $2.00 and when enough people find out about it who knows!!! They are concentrating all of their efforts on getting the fins done. I really think that $2.00 is just the beginning of this within the next year. Hopefully this helps...if anyone want to know more just ask...stay Long.
Risk I am still long...but do you really think anything is going to happen tonight, tomorrow or even this week? Doubtful at best.
Is that b/c we don't have financials or pr on anything in a timely manner...or b/c you know the PPS is going to tank?
SNEY has a responsibility to its shareholders. Their sole business function is to maximize shareholders wealth...period. They work for us.
Stickin' with it...don't stop until you get an answer...any answer.
Latest email to Bryan:
Bryan,
For weeks now I have been calling Steve, with no returned calls. I was wondering why SNEY’s IR cannot return an investor’s call? The mailbox on his cell phone is full so there is no way to leave a message. Also, the phone number at your office in Scottsdale goes to a voicemail box that does not allow for one to leave a message. As an owner of SNEY, I was wondering how the President of the organization intends on handling Investor Relations moving forward. The way I see it, if you call investor relations someone should answer or respond in a timely fashion. If you call the companies listed phone number with questions, someone should answer the phone. Neither of these things happen. I did get a couple of botched emails from Steve the other day that did anything but answer my direct questions. I have concerns about the way the organization’s message is being communicated to the public and its stakeholders. Can you give me an update on the following:
Where are the financials that the IR put out onto Marketwire indicating a 15 day submission 20 days ago?
What is the status of operations in Africa?
When can we expect a PR on the aforementioned updates?
What are the timelines for production and sale of the minerals being mined?
When can we expect the CE removal?
What is the anticipation for OTC market up listing?
I am sorry about asking you directly, but I am of the opinion that Investor Relations is not doing their job.
I wouldn't be so sure about that...
Risk I here ya'...but these jokers have to get it together for the sake of the owners...us. As far as Parent is concerned he is just some guy who thinks he is more important than he is...if they fired him and hired a real IR maybe we would not have all these misleading statements coming out about SNEY. I am a believer in the organization, but I am sick of all the excuses and crap that they continue to do. That is Parent's fault. He is IR, he controls the message. That is more important right now then anything else.
Who cares if nobody know about it...
I sent Bryan at Allied an email concerning IR's ability to perform necessary job duties...we will see if we get any info from anyone about the lack of professionalism. A big part of a company's stategy is their message to their stakeholders. They need to conduct this properly with flawless execution.
I am tired of the excuses...they need to perform. This isn't UNICEF.