Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I think if we knew what we really owned was nothing more than a scam and the CEO a crook then none of us would have bought this stock. Problem is the 11 JV's were touted. I guess it did not matter if those 11 JV's amounted to nothing or a small hill of beans it was the thought here was a guy that new what he was doing. I guess if we all did not buy the story that the first pump and dump had nothing to do with Ken we would be suspect. I guess if all the pump pieces did not get the price up we would have asked more questions. But no we bought the stories of Voisey bay and Olympic Dam that was sold us and got us doing the math that if only I bough more shares then once this hit .50 I could pay off my house etc. Then Ken splits the copany and holds out the big carrot. Buy more KATX and you get BVIG a sure thing gold mine with huge grab samples. It was a no brainer and would be worth $3 by years end for sure in 2010. Yep, we were played here folks by some great con men. We all know who they are by now!
Your comments have been a great value and an education to most here. Thing is you never really can be 100% sure that mgt. is both honest and competent until you wait and see what unfolds. Problem is once you are in this deep it is too late for many to back out with much of anything left. All I can say if they expect to be a going concern they better produce and soon or no one will touch this stock and write this off as just another pinky scam. Time for them to hit or get off the pot!
They are under an obligation to shareholders and should be supporting the price and not tearing it down. Like it or not they decided to be a public company and use OPM. These is a obligtion with taking the money and they should not screw those that backed them. If they show no concern for shareholders then how can anyone trust them to just not smuggle the gold out and never report any or very little of it?
Cause and affect. I do recall that someone made that statement that the stock got ahead of itself. Factual, either way since the follow through by manangement was lacking. Maybe that was a sign to get out before the fall? Too late now since most gone and we are down so far and yet once again close to getting financials out- well supposedly. How many times do you think they can cry wolf and have anyone believe them. I'm guessing this is their last howl so they better produce.
Well, I'm not sure. It not only pisses off dumped on shareholders but those that got warrants that felt they had some value are probably not all to happy either and will let them expire since they could buy shares cheaper in the market. Do you think they would after that? Basically, they killed credibility and therefore demand for the shares. I hope they come up with the goods soon or maybe we will have to tell the chief they were stealing from him and they all end up in a big soup pot!
LOL
Yes, common sense went out the window for many of us when we believed gold would be coming within 3-6 months and the Financials were to be released. The stock was up on that news and then it never happened. That was the pump. Common sense should have said this went up a ton. Let's wait and see if they follow through, but I and many others believed in what turned out, so far at least to be bad information. I feel that we were mislead either intentionally or not the results were the same. We got dumped. I'd say 90% are now bagholders or lost all or most of any gain. And yes, management can be blamed as they set expectations. They told us numerous times the Fins. would be here, they told us how much the gold and black sands they were getting per ton, the told us they order equipment to extract gold from the black sands. OK-Have we see the Fins.? Have we seen the numbers? Have we seen the equipment working? This is the reason the price collapse. Expectations built up have not been delivered upon. Now it is up to management to cough up the results of the last 6 months and set this straight.
Seems you hit the nail on the head. It seems too obvious. The lack of pure common sense is amazing. If they had something profitable to drill then the money to fund them would not be a problem. Funny thing is they cannot even find enough money from toxic financiers at this point. I guess that means the story and credibility sold to prospective shareholders about this expert that has 11 JV deals, is honest and transparent has been all but proven a big lie by the test of time. Still, we have those bagholders that hold on to any possible connection of possible success of any other junior miner 100 miles around. While logic tells us also that the vuluture is just flying around Lucky waiting for death and will pick the bones for next to nothing while the dreams vanish like so many have in the last 100+ years.
It will be hard for most to ever get back to BE as the traders sell into ever little move up to bank a profit.
Yes looks like someone has been dumping all the way down more than buying for sure and that plus Mgt. sucking has caused this mess. They really need to redeem themselves for all the pain and suffering they have put shareholders through.
Fork it to you too
I know it is all secret.
Sure so you can buy my cheap shares now. Sorry I'd rather burn them!
Sorry, it fits my definition. If supposedly everything is peachy and the stock tanks 85% in a few months I call it a pump and dump.
Sorry Risk we don't need a promoter when we have you and your secrets, teases, hints etc. Put that along with the news of equipment ordered that may or may not have arrived and tonnage of black sand that may or may not have marketable REE's and all that gold suuposedly found but not accounted for yet. It does not take much to get people's hopes up to hold and buy more and that's all you need while others unload and drive it down to the cheaps so they can reload as hopefuls unload because they afraid of losing it all. Maybe time to go to confession?
get your shares yet?
Really, Art? You have more shares out there and a complete lack of information and confidence that this is legit by the way it was handled and you think we are in a better position? Unless you have first hand documented information I'm not sure you can honestly say that.
So are you saying this was not a pump and dump because from almost .03 to .0045 surely looks that way. Looks like this was set up big time on some sort of seasonal cycle. Maybe that is what the charts are telling you. Not sure if Mgt. or investors or some combination of envolvement is going here but it surely stinks!
Sorry but down 80+% from the high after all the pump and now this I think it is a legit call. Seems, like the same type of crap that went on with the feline. Gee, maybe that is why I see so many familiar ID's here. Maybe the same folks just run these little P&D on different stocks for a living. I sure hope the SEC investigates this BS and all the pumpers and dumpers trades are reviewed and if guilty they do hard time 10-20 years because they are nothing but thieves. Just how I see it. You can agree or not I don't care.
Sure as hell would be nice if all that is true for management to do something like posting picture and PR's on some numbers. Instead they let the traders just kill the stock and sit with their thunbs up their ass all the way from almost .03 to .005. OK-Hell, I'm going to say it. If it looks and smells like a pump and dump then that is what it was. Someone made a killing on the way up and most likely on tyhe way down. I hope mgt. was not shorting their own stock. So far this had turned out to be a real POS and now we are a chorus of bagholders.
Hope you are right for once. LOL
I hope this is not just another string along tease. I sure could use a good Christmas present this year since the last few have brought me nothing but losses. Looking forward to a much better 2012 assuming the Socialist\Communist anarchy movement does not destroy this country. Funny how Glen Beck and the Blaze showed this movement was planned and going to happen a long time ago.
Hey Roberto how is yor favorite stock doing? Yes the one that went from .25 to .006? Too bad you did not warn all your facebook and Ihub friends.
No we are on strike. No more buys until management come out with the Fins. and real news.
So I guess we are all bagholders today because there is no one willing to sell or buy. Someboady get some paddles I think our patient is dead.
It is really near impossible to know what SNEY is worth since we have no clue as to how much gold, if any, they have produced at this point and I guess we do not find out until the 10K is released whenever that will be. Everything is pretty much pure speculation and the credibility of mgt. is sorely lacking at this point and therefore little interest. I suspect if they stay silent they will completely kill what little value we have left. Makes me wonder if they are shorting their own stock to for funds because they sure as heck are not supporting it.
Good thoughtful post. Now IMHO it is up to management to prove you wrong. For all our sakes I hope they do or this is going to be an ugly winter.
It would also be unethical to not release information that is material and substanial to shareholders. Which gets one to thinking if anything is really going on at times. Parent has not replied to my last few emails, but I really did not expect him to since there is nothing he wants to put in print I guess since it is harder to deny it being said and there's a record.
Well, I bought and held and averaged down to .0185. So, buy and hold has pretty much sucked so far.
wow just think if they continue to do nothing and the price goes down what a value it will be. Funny it has been a value from .025 to all the way down here.
It would be nice for them to lay their cards down and see if they are a winner or not.
Well, looks like we have a group that is holding because they want to and believe in the future of SNEY and another because they are not willing to take a loss and maybe some combination of both. Either way with it seems no demand to buy or sell nothing is going to happen here until management makes a decision to inform us of just what we have and prove one way or the other we are legit. I just hope this story has a happy ending and is not a horror story.
Neither is good, but I would prefer gross incompetence. I have to agree and only so long until we either find out their legit or just another scam. Thing is even those that did all the DD in the world can be conned. I think they have to have used up about all their excuses. You can only crty wolf for so long and then people call BS and walk away except for a few that will never accept reality until they disappear.
Really? Why because you say so and own a ton? Could be bankrupt and doubt we ever see the BVIG shares. Only hope is that Ken does a reverse merge into BVIG and does PUMP and dump #3. Kind of surprised he has not done so yet. Maybe he will RS KATX and let it collapse and then sell Katx toBVIG for $50,000.
Already did that nad traded a cat for a dog when the dog was over .02. Great timing buying on the pump heh?
Did you know Cass Elliot was in a group called the Mugwumps before she joined the Mammas and Pappas?
I guess we have different moral compasses. I care more about the company doing the right thing by shareholders than the money. You see if they do then my money will be fine and if they fail to do what is right then it hurts me and everyone. So, that is why I want them to do what is right. It is for the good and me and all if they do. If we sit here and do nothing and let them get away with poor management and say nothing I think we hurt ourselves. So, I guess we see things differently.
Why the CE then and what kind of attitude is that? No very shareholder friendly now is it? How are you justifying their actions when they made you the fool twice now?
So TR whwn you told me that SNEY would see .10 and likley .20 were you right?
For what? Please post the actual production numbers they documented of gold in SL and Ghana. I did not see that did you?
http://www.sunergygold.com/ Maybe I missed it?
That's what I want to know!