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I'm really getting to think these guys want us to bleed out so the new 'investors' can get new shares at next to nothing and dilute us longer term holders and then come out with news so they can flip for a quick 100% + gain. Seems to be a theme with penny stocks. Thing is they dump before we get back to BE. Sucks for the loyal long bagholders.
Since you guys are so tight and buddies did he mention anything about the Fins. or did he say getting them looked VERY promising?
Maybe they are running it from their winery in NAPA. Ah, the plot thickens. All the money is really being funneled into the vineyard in NAPA.
Me too! How about an update? Gee, I hope the cannibals did not eat them all.
And imagine that with all that "gold" the price is so low. Just amazing.
I guess someone told Jim once that he was funny and he actually believed them.
Yes, and if you remember we played all the what if games over at KAT and they never delivered anything. Nice to dream, but we need proof and not dreams!
problem is no proof they hit those goals or where they are at now.
Think of all the gold coming into the market from miners and people trading in old jewelery? Demand has been fuel by speculation more than anything and if countries do not have the cash can they buy or are they selling their reserves? Either way in a deflationary world everything goes down and so far inflation may be somewhat hidden, but has not hit the headlines yet.
Really? Did you drink too long from the Kool-Aid stand there also like I did? At some point all built built up DD BS has to have something to back it up. The DD can tell a tall tale and fuel what could be greed, but eventually reality has to meet expectations or it is only a wet dream.
yep, just more song and dance
Well, we have their word they are working, but we had their word on the Fins. also and they are no where to be found. We need proof of legitmacy and not words.
Nice to see someone working and putting out PR's in SL. Gee I wonder what SNEY is doing? This is a SNEY board right?
Surprise no news
I'm still waiting for the distribution promised a year and a half ago. Will Ken honor that for all shareholders prior the the agreement? If not I can promised huge lawsuits and SEC complaints so no one will get anything.
I think the reason is having what you have found in the fins. is more important than have a sample. People want it in writing to where the CEO has signed off and verifying it knowing that if he is lying he can go to jail. As we have seen words do not mean much around here. Like Ronnie said, Trust but verify.
Sure I blame myself for believing the BS, but that does not change the facts about Mgt. and the Fins. and telling us months ago about the samples and then going into blackout mode. What can I say I'm not good at liars poker, which seems to be a prerequiste for owning SNEY.
I have no freaking idea what they have or do not have do you? Now if you have great news do you hold it back for months or are you supposed to PR material and substantial information to shareholders? If you have crappy news do you get it out or delay forever? Just reading tealeaves and using common sense. Again, the odds make it look like things are not very good at this point. Look at what a little kid does when he breaks something. They will hide it as long as possible hoping the parents do not find out. It seems some adults are not that much different in that respect. Either way, we have been left to play guess WTF is going on by our Mgt. Good luck. Maybe tomorrow? LOL
One year chart says differently and I never said insiders dumped, but many did when it was almost at .03. Being this was under .001 not too long ago you figure the gain and loss. It was probably a 10X+ bagger for many that got in a bit over a year ago. You take that and look at the drop it looks like any old P&D, but just not the massive scale of a KAT.
That's because he'd rather blame the whiners than the company where fault really belongs!
IMHO the REES were to just get the hype value up. We have heard nothing about the expert they hired or what is going on there in regard to REES. This leads me to conclude it was just part of the pump.
Yep, my average is close to .02 and therefore I'm frustrated and pissed. I fell for the hype. There I admit it. Even TR said it would get to .10-.20 back then. Off course he probably said that so I'd buy his shares as he was getting out.
So wht the delay? If it is not taxes and not a scam there is no way that it takes this long for financials. Makes one wonder just WTF these clowns are doing.
I wish it were the case, but I own over 800k and that is why I'm pissed. I'd not give a dam if I had none and would not even post. I'm not the one to get mad at as I have nothing to do with the stock price. It is mgt. that has failed to deliver and made the price go down with their numerous delays and non transparency.
It would be nice if they could at least produce enough revenue to cover cost and buy equipment. If the properties are as great as they say I don't know why they cannoty do so. Thing is there's no real proof of any production for one reason or another at this point. I've heard because they do not wish to pay taxes by declaring it, because the financials were not out and that they are pocketing it and not reporting. Take your pick anyones guess at this point.
If I saw proof other than hearsay I might think so, but there's no validation that they have produced anything viable to this point and hard to believe anything at juncture.
Can't afford to dump more into this rat hole. I thought for a bit this one was different, but it is the same old crap as every other penny scam. It is for traders and not investors because it is not a legit company that will succeed except in selling paper and dreams. Even if they find anything it is doubtful shareholders would see any of it. They have already proven they are not truthful and trustworthy. I wish it were not so and would love to be proven wrong since I own the stock. Seems the only hope is to sell on the next pump and dump and get out before the wolves.
Last PR in IBOX June 14th. So nothing of material nature has happened since mid June? Are we actually still in business and if so why the blackout on any news? Why no transparency and no communication? This is looking more like the Kat every day I'm sorry to say.
Where's the Beef? Still waiting. Hope everyone had a good holiday with their families.
Yes and you did a great job on the hype part. Thanks! Happy Thanksgiving to you. Buy low sell high right guy.
Yes, and where has your DD gotten you? I love all these folks preaching about grit and DD. Well, if you are positive in this POS you bought and ton and averaged down under .005 or have been in for a long time when it was even lower. Most here are underwater and their DD, patince and Grit has got them nothing but to become bagholders. Funny how those that preach usually pumped and sold and now back in lower I find and just waiting for the next pump to sell. Good day!
You can take your advice and put it up a Turkey Ass! BTW news Monday. LOL
Grits are for eating. Who the hecks knows what's going on in Ghana. I thought Dredge mentioned they have to use some primitive drill powered by men for samples. Then do they use the dredge or other equipment to separate the gold from the deposit of material? Did they move any dredges to Ghana or are they still in SL? Are they workiong both or given up on SL and working in Ghana. Thing is it is just pure speculation. For all we know they could be playing golf in Az.
As for patience and grit that is what people usually say when they want you to stay in a support the price while they maybe selling. Heard it all before and watched Kat dump fropm .25 to .005 so enough of the grit and patience BS we have all waited plenty long enough for them to get things done and report the progress. You know it and we all do so stop trying to play the macho man up game by belittling people that question the status quo. You will get what you put up with!
I can only hope #2 is the correct answer. AS you know I was in another company that drilled on two properties and blew through 2 million and still ending up a P&D ,so them buying equipment and working on the properties does not mean it cannot turn out as a P&D. Some do anyway due to insiders pumping and then spending huge amounts to promote the company and then they short at the top and start unloading the massive amounts of cheap shares they own. They create their own pump and dump. Others have have Mgt. that is in own it. So looking legit on the outside does not prove anything until you have some sort of track record over time.
I would agree that in large corporations you get the bad news out, but in pinky land it seems they hide it as long as possible if not forever until it is too late. I have this bad feeling they are just going to let it bleed out and reconstitute the whole thing. That seems more status quo in pinky land as they tend to take the easy way out. Again, I hope I'm very wrong.
and you believe them? I actually, feel I have heard that so many times it is like the boy that cried wolf and therefore I'll believe it when I see it and I do wonder if the day ever come they are caught up or this is just a continuous game of catch up.
Now that is funny. You mean you actual are still believing the BS that comes out from the former FB crowd. I do wonder where they congregate now to promote stocks and scam folks. Just how much Kool-Aid can one drink to wash away any speck of common sense? So how much did they drill in 2011 on HC? Did Ken give himself shares and not us? Did he not say that he was going to be transparent and has said nothing since his PR in March? Why did he bury the RR results if material events must be disclosed? Their IR folks quit. They have no geos now. They have no financier and very little cash. The stock of KATX has been P&D twice and yet you are here to say I trust and believe in Ken? I'm sorry, but I have been married for 35 years and if my wife treated me like Ken has I'd be leaving just like I did KATX. The only reason I'm here is waiting on my most likely worthless BVIG shares I doubt Ken ever delivers. I do hope the SEC catches up with him and he does 20 years, unless some P'oed shareholders get to him first.
Yes, I think I remember you being positive about the Kitten too and so forgive me if I don't give much hope to what you say. I must admit as a dirty old man the picture is great.
OH no you said P&D. YOu realize you opened a can of worms because you inferrred this could be one. Now looking at the chart and the huge gain and then crash one reasonable person might surmise that is what happened, but to even mention it is a no no on this board. Does one protest to much mean anything. I'd like them to prove it is wrong to, but as we linger with broken promises it makes one wonder. We all know to set up a scam you need credibility. That means good DD placed in the IBOX to prime the pump. You also need at least one person or more with some background that either looks clean or with little record. Many times the past is enhanced to look like so much more than it really was. You say how honest Mgt. is etc. You have to build up the trust factor that does not yet exist. Now that you have that inplace you have to get the greed juices flowing with what others in the area are doing and finding. Place some great grab samples numbers and now the story starts to unfold where we look at potential and the greed for gold has set the pump in full motion and SNEY makes the list and volume is up. Now SNEY is a magnet and the word is out and more fuel for the fire. Like you said the ones that got in sub sub penny now are selling off and saying buy more or hold and keep the faith. Words like grits and challenges to get out and the such fly high. Then you find all wondering did I makes a mistake and wtf is going on. You wake up and find out your buddies have put your bed in the middle of a lake and it is 32 degrees outside so you dare not jump and swim to safety. The life of a bagholder. Yes, that would be me!
THING IS THEY DO NOT RETURN EMAILS OR CALLS SO YOU VENT HERE.