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"So if he's saying by 'MIDDLE OF SEPTEMBER', I'd be looking more towards next SPRING."
Ok then tradersrule can't wait to hear from you next spring............
It's been real..... Peace out until then!
On the flip side they may PR something! Wild card week......
Yup! Preparing to do some shopping.
I believe it is NOT in the interest of SNEY the business to show their hand on production.
I know many people including myself would love to know what we have.
When the fins are done SNEY will explode..... You can believe it or not it's really that simple. If you want to micro time your entry then by all means go ahead..... These fractions of a cent are sometimes not worth the anguish they produce.
I believe we have the goods and I will continue to add as we could have the fins completed at any time. This is a 1 cent stock....... If every there was a time to step up to the plate and have a junior REE mining company in your portfolio it is now....
I watch day after day a few people tear down this stock..... ONLY PROFESSIONAL BASHERS AND FLIPPER WOULD USE THIS TATIC! THEIR ACTIONS IN ITSELF SHOULD BE AN INDICATOR OF THE POTENTIAL WORTH OF SNEY! Why else would they devote so much time on the SNEY board?
I come to this board to share my dd with others and to learn form the expertise of share holders on the SNEY board. I don't come here to listen to "I told you so" people that have a hidden agenda to get money at the expense of other share holders and the company. If you have information great but the repetitive arrogant tone of a few posters hurts SNEY the company! And folks thats hurts us the share holder.
The company has a plan and they are executing it.... Hold your shares tight and your loved ones tighter!
BigGreen101
When I called Cleartrust LLC the holding company of the certificates they said 1 year hold.
Hope this clarifies.
And just another thought If you buy a private placement or warrants from them you have to wait a year before you can do a transfer and then you need to do the paperwork which is realistically going to take another few weeks prior to you every being able to sell a single share.
So we are talking about dilution that hist after a year from now. So most of you hear don't think by that time we won't have a crap load of product? If thats the case then why are you here?
Good god pull yourselves together and calm down.
I say let the company do its thing...... When the time is right SNEY will release news!
IMO Bigger things are coming are way!
MY guess is SNEY is putting a "package deal" together
1. 10k done.. bring financials current
2. A bigger loan - from investment group contingent on
3. Proven samples of worth.....
Together it is a 1..2..3... punch combo. We show we are a legitimate company on paper, we show we have the goods ... so lend us the money so we can make more $$$$$$
Companies issue stock and have warrants all the time. Also companies borrow money from many different sources too. What value they create for the company and ultimately the share holders is what most of us are concerned about. Not the fact that shares or warrants were issued!
There are a few points that are important to note:
1. Has stock been issued?
If so at what price and what are the terms? ie do they have a 1 year hold etc....
are warrants attached? What are the terms? Warrants are nothing more than potential stock at a set price. Warrants don't get issued if they are not exercised. Who is going to excersise the warrants at .007 if the stock price is .007? You have to hold for one year. Your money is tied up and if the stock price goes down you cannot sell.
I would guess that SNEY if they went this route will offer the stock at equal or a higher price than before. The warrants had two terms but each were to be voided after 1 year.
Now if they borrowed money then I ask from whom? Bank, Capital partner group? What are the terms? Are stock attached to the loan?
The devil is in the detail........ Borrowing money for production, materials, exploration and the 10k's to produce REVENUE is money well borrowed. Yes, more shares lessons the value of everyones shares but if revenue is produced form this then we all gain more in the end... Every businessman in the world knows you leverage your time, effort, and capital to gain more! It's simple business. I suspect there are several business men and women here who would contest to this. This is why I have much respect for people who run small companies... They are the heart of an economy and take great risk to create a business.....
IMO>>>>>>>SNEY has shown great progress Thats why I am invested here for the long term... I'm not here for the get $$$ flip. I believe in SNEY and am willing to wait for the what I believe is the $$$$$$$ payoff. I ask no one else to follow and you should do your own dd. I have meet several very knowledgeable individuals here that share in my thoughts about SNEY!
Sney is far from perfect, but they have shown to be a real company with incredible potential.
FEAR IS THE LACK OF REASON - IMPATIENCE ATTACKS REASON MAKING ONE ACT IN FEAR.
ok if it was .50..... I would care too..
Why would a long care what the price would be in September unless they were selling?
Hard to say with so many variables..... As a side note I look at my entire investment portfolio to make big decisions.... my pensions, my 403, my other stocks in regular and roth IRA accounts and of course cash/property ........ As of current the world is so uncertain and will be for some time so I am even more willing to go long on Gold and REE.
I have to factor these into consideration as to how long I hold a particular stock. Again, I will not sell in 2011.
Now to answer your question where I see SNEY going. With good news I could see us in the 3-5 cent range. But any run could be much higher as I have seen far less penny stocks run up 20x.
I am only factoring in production numbers and not any JV partnerships, market up lists, or buyouts. These to me could be the 20x changer......
Late 2012 and beyond I am looking for .20-50 range depending on many factors... Can we get there I don't know but we have the potential........
I play SNEY long for many reasons... here are three of them. Each person must choose their path....
1. Tax implications
2. Believe that this will pay out much better than flipping
3. Don't like to worry about day to day micro management and PPS
There will be a time when I sell but it wont be this year for sure.......
Tradersrule I disagree with your opinion of sney.......
Yup, and Beckmann our newest team member confirmed the banka drill results
..... 33% ice, 33% gold, 33% whale poop................... the remaining 1% were tradersrule posts! lol
Today we are moving slower than whale poop in an ice flow.......... Oh look the ice flow is starting to move ....... the bid is moving up.
Good night tradersrule...... Go to bed already. SNEY will be here tomorrow.
You called this a flat day for sney..... This is the worst day since the crash in 2008 ............ and we went green.
In bold is the last hour of trading........ guess some didn't think we were flat.
I would hate to see your taste in women if you think this is a flat day.
$0.0100 4,400 OTO 15:59:21
$0.0095 10,000 OTO 15:59:08
$0.0090 679,000 OTO 15:50:54
$0.0090 100,000 OTO 15:48:57
$0.0090 26,076 OTO 15:48:25
$0.0090 100,000 OTO 15:44:19
$0.0090 23,924 OTO 15:29:50
$0.0089 73,776 OTO 15:21:47
$0.0089 212,300 OTO 15:21:39
$0.0090 21,000 OTO 15:21:25
$0.0089 10,000 OTO 15:15:16
$0.0089 1,000 OTO 15:06:47
$0.0088 40,161 OTO 15:05:19
$0.0088 500 OTO 14:52:19
$0.0088 73,215 OTO 14:41:40
$0.0085 37,600 OTO 14:07:18
$0.0085 14,185 OTO 13:41:27
$0.0085 400 OTO 13:37:35
$0.0085 25,500 OTO 13:14:10
$0.0085 10,315 OTO 12:40:26
$0.0085 124,140 OTO 12:38:12
$0.0085 79,000 OTO 12:38:10
$0.0085 21,000 OTO 12:17:26
$0.0087 100,360 OTO 12:16:45
$0.0088 10,000 OTO 11:37:39
$0.0085 1,000 OTO 11:31:49
$0.0086 49,373 OTO 11:13:59
$0.0086 50,627 OTO 11:13:56
$0.0085 89,685 OTO 10:57:29
$0.0085 300,000 OTO 10:41:04
I keep asking myself wow what a nicely timed PR. Seems like SNEY just said in som many words........
Get ready because here it comes..... The fins must be close and the PR's are about to start coming. Smoke um if you got um cause it's about to get crazy $$$$$$$$$$
Well John wayne says don't say it's a good morning to me or i'll shoot you! lol
You're words are music to my ears! Thanks, Dredgemaster
I'm going to watch it on Netflix again right now.... been a long time!
dredgemaster we were talking about an expert and banka drilling/sampling yesterday...
So beckmann is here to verify samples....... verify for dredging or verify for worth?
Whats the first thing you do when you find something? Get an expert to tell you the worth. Why, because maybe you want to borrow money against it or maybe you want to fix it up to get more money out of it or maybe you want to sell it...........
Umh........ $$$
This is our guy's patent....
http://www.freepatentsonline.com/y2004/0187643.html
Find the source(s) find the leprechauns gold pot. Map and test to be methodical ..... got it thanks.
Your expertise is always a huge plus! Do you know of any "expert" working with sney or is this you point... we need this in order to really understand the potential of our sites
On Banka drilling are samples then tested in a lab or can it be done on site?
Production numbers will come after the CE is lifted IMHO. There are many pieces of the puzzle that need to be placed down prior to telling us the production numbers.
The status of our new equipment
The results of REE including the promising "element" they were looking at in the samples
After refining the REE how we are going to processing the super rich concentrates.
Status of Ghana?
We will need more funding and some bigger players will come in to help us.... when they can verify that we have the product.
By then you better have your load of shares because we are not staying down here for much longer.
SNEY is working behind the scenes to create business relationships with key people and groups, and securing a pipe line of funding at reasonable terms.
SNEY knows that these are necessary to move SNEY forward.
YOU HAVE TO BRING IN EXPERTS AND HAVE FUNDING TO EXCUTE THE BUSINESS PLAN.
Gold star for risk on!
Everyday is a chance to get more. Just don't be surprised when we explode! I know risk on won't!
Agree........ we want gold and other goodies!!!!!!!!! Share structure is secondary to production.
Buy 1 million shares and sit back.......... wait a year!
1m @ .1 = $100,000
1m @ .2 = $200,000
1m @ .3 = $300,000
1m @ .4 = $400,000
1m @ .5 = $500,000
Of course there is no guarantees...... could still be 1 cents could be 1 dollar......
We keep beating this horse until we are hoarse but IMO the reason we have the pp and warrants is to fund exploration. SNEY needs the money to do the exploration and cary out operations. Without funding we have no operations.
How do we expect SNEY to fund operations ????????????
SNEY is being criticized for funding itself.... If they had 100% of the funds they would be private and there would be no SNEY shares.
There is much the company can say in a pr but I believe they are being cautious. I respect caution!
We have equipment either on its way, or there. mylifeamerica can you ask about this please!
There was a trip to England. mylifeamerica can you ask about this please!
Per last Pr we are looking to start operations in Ghana. I think this is going to be BIG!
Seems to me much is happening in the background especially with fins....... TBA is only a guess but they seem to be on it 100% 2-6 weeks implies they are about done!
SNEY's actions just don't seem like pump and dump....... I am not one to micro time my buys as it's easier to jump on the bus a bit early... get a decent seat and wait.
I will say this If you are at the bus stop and are waiting for the perfect moment then you better make up your mind soon. .009 is IMO a great seat.
Suspense is building rapidly. Hang on tight... As we are about to go on the ride of our lives!
We need some assssssssk slapping............................
Thanks dredgemaster....... took a few minutes but I see where we are ... the Nyinahin run thru the upper part of us north of Nagore-Beposo upper boundaries are Asamoakurom, western boundaries are Kyirayaso & Baaneekurom
If you have not seen this its interesting short read with nice old pics...
http://sunergygold.com/ALLUVIALGOLDMINING.pdf
In terms of "dredging during he seasonal high rain" how does SR compare to Ghana? Not knowing the topography or climate well is this a rain from the highlands and run off to river situation or is there a direct heavy rain locally type scenario? Perhaps a bit of both? Guess what I am asking is how will weather play on operation year round?
thanks in advance
The "big" boys markets are a mess. We should see from this result more cash flowing down into the pinks and otc stocks. Gold looks like it will continue its path north for some time. The world market is going to go to safety mode and that means more good news for gold.......
Bluebird50.... Can't say that I have had it... But I hear it "flips" well! lol...
Close to as many shares traded today by 10 am then all of yesterday. What's on the grill? I think I smell dolphin meat!
Reminds me of a song
I'll be looking for 8's when then pull that gate.. and I hope the judge ain't blind
Amarillo by morning Amarillo's on my mind.
scubastevemd ....... not attacking you! I was replying to SNEY as a general statement and not to you. I have several accounts and one of my accounts is in the red. So, I know what it's like to be down......... If you have some spare cash do what all the cool cumbers are doing average down!
My point is IMO SNEY doesn't care about being a pump and dump flipping stock. If they were we would get a crap load of every other day type news followed by an increase of share being issued. This has not been the case. Just hold on a bit longer and your red will become gold and your gold will be green$$$