69Panda
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The 10q is old news...but necessary news in part to get us current. This clearly puts us on the right path. Like I said last night hours away..... more q's and then the audited 10k will be here soon enough. Might be slower than we hope but they have continued to deliver.
1,272,257,340 common shares issued and outstanding as June 29, 2011
1,261,257,340 old share structure
slight increase of 11 million shares but we should have no outstanding debt........... a pinkie with no debt!
The Company did not execute the July 30, 2009 settlement of the $250,000 note through the issue of 20,000,000 shares so on June 3, 2010 the company, agreeable to the note holder, issued 75,000,000 common in full settlement of the of the $250,000 balance plus accumulated interest of $12,500. The fair value of the shares issued on the date of individual settlements was $432,500
So, they have no debt correct ? This was fro Ghana site ?
We are in the final hours...... imo its about to be on like donkey kong!
Risk on ....... can you pm me an email address would like to talk off the reservation.....lol
He went there for his wealth!
Yup yup............ His gain is ours too.
risk on..... not a fact ....... a hunch about the three day weekend
Either way I'm adding on the first. I don't have enough shares yet lol.
I will be on the buy come the first.
Speaking of buy - by the way if you do something to benefit yourself and it happens to help others then it is still self-serving.
Coming up on a three day weekend....... I have a really good feeling!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I love to have discussions with people. It's how I often learn new things and meet interesting people. However, having a discussion with a pessimist is just painful. They wanna see the negative in everything.
When your opinion is always negative about a stock then you are known as a basher. A basher only wants to move the PPS down so that it benefits them. A basher can show up each day to try and tear down a stock slowly, or they may pop in from time to time to highlight negative, turn neutrals into negatives and play down positives.
Also bashers spend countless time talking down a stock they do not own or worse yet a stock they supposedly own. Come on who in their right mind spends that much time on something they have no interest in? And who would spend time to tear down what they own? - The answer is simple understand their motive and you will understand their plan.
Lastly, even for the most seasoned traders it's good to remind our selves about basher. And for the newbies .. I say do your own research to verify what people say.
ps A basher should not be confused with a person giving constructive criticism.
thanks BigGreen101....... trying to point out we could be current without q2 2011.... this is not to say they will not turn in q2 2011 as imo it is much easier to stay current vs playing catch-up.
Sney could be current tomorrow........ and still have 45 plus days to do q2 2011.
Then they could bring it current without Q2-2011. Then they would treat as q2-2011 as regular quarter. This could happen any moment....
june 30-2011 q2 are due correct?
I suppose they could bring it current without Q2-2011. Then they would treat as q2-2011 as regular quarter.......however q2-2011 is due like soon. Anyone know exact date?
Imo it is looking more and more like they will combine all the fins to have the ce removed.
Very nice....!
risk on - my guess they are trying to slow down the train.
The last 15 minutes of trade...... like half a mill shares i love the .0136 in the middle
$0.0144 100,000 OTO 15:58:25
$0.0142 45,683 OTO 15:56:14
$0.0142 39,154 OTO 15:54:38
$0.0140 39,000 OTO 15:51:52
$0.0140 100,000 OTO 15:51:47
$0.0136 25,000 OTO 15:45:50
$0.0140 100,000 OTO 15:43:56
$0.0140 11,000 OTO 15:43:18
$0.0140 40,655 OTO 15:43:0
only a fool, a rich man, or someone who knows something would put up a buy in that amount.... my bet its someone with money in the know. Don't fight the whales.... just make sure your on the right side of the trip.
I was talking to this crack head that lives under a bridge and he said that SNEY was going to be in the .007 range in a few weeks.... I think he knows what e is talking about....lol
The old fins have only old news...... but we need them for ce removal.
I'm not invested here on old fins. I'm here for gold and REE extraction and refinement. I am confident this is happening and going well. Yup, the fins are late..... What ja gonna dO? Sell? Hell no..... Not a chance. Take a deep breath...... find some loose coins and buy on fear...... cuz one of these days this is going to be a CRAZY TRAIN.
Perhaps they are creating the quarterly and year end fins together to create a KABOOM! just a thought....
slow and steady...............
livenlarge8
IMO in time the inclusion of more dredges, the expansion of our dredging process both current country and our other site, and the projected increase of value on REE especially gold will make many here happy. For those who hold on for an even longer play to see this company up list can expect dollars.
No mystery how I will play this...... I will hold a few million shares (life 4-5 million) for the long haul. I will sell a few million at staggered sells on our way up. .20 .30 ........
He said he was going into the field working......... How funny would it be if he got connected to SNEY.
Couple of points:
Confirm Parent at the mining conference.... This is where they gained expertise on processing REE.... ie contacts on people who have some operational hardware and the desire to separate the REE.
Companies ship scrap metal and other materials all around the world to be processed via ships. What you need is a steady supply of material to ship (we do), a supplier to ship to (this is what IMO they have been working on) and the means to do it (pick a shipping company).
SNEY is putting the pieces together ......
The two trickiest parts to trading stocks is the entry and exit. Often the impatient exit too early (been guilty of this. block buster dq got out in the .10 and it ran to like .20s.......
Willing to hold looooong here as we have the goods to win the race!
Great! I have millions of shares averaged @ .0045 that I can sell to you down the road
I will offer them to you at .25 I call this the Dave Chappell ---------------------
I'm riccccccccccccchhhhhhhhhhhhhhh price!!!!!
I have to say you are consistent and persistent.
Have a good night. Tomorrow is one day closer to the fins being done.
Here you go its from Tradersrule....... for another stock.... I think it is great advice he was giving to some other trader. This is perfect for SNEY.
None of that matters. This is a good area of support.....and it will move up when its ready.
Do you really want to get into all that fundamental BS that is typical of just about ALL PINK sheet stocks? Just buy some shares at this technical 'buying' level and be patient, would be my advice. But then I get the feeling that you're not looking to make money here.
Oh well....you can just watch us do it. .......rule
Tradersrule... I couldn't have said it better.
Ok lets deconstruct a little
Everyone knows that penny stocks...especially PINKS move independently of the major markets.
I agree the flow of money in pink land may or may not follow bigger markets.
SNEY isn't moving simply because there is no excitement...and some are afraid to sell because they think it may spike significantly when the Q filings hit. IT WON'T. They still will have many months to go before getting any CE lifted....IF it ever happens.
Ok folks and now for some facts........
SNEY management has the most incentive for the CE to be lifted. Why, because they hold millions of shares that would be worth multiple times more if they were not in CE status. So, they will get the CE lifted but IMO yes IMO as it cannot be stated as a fact like the red quotes above of "you know who" tries to make into a fact. You should state IMO as your theory is just that a THEORY.
I have a theory and it includes a basher who tries to scare holders out of their share to make a quick buck.
Now back to the PPS............. and CE status. It will get done when it is done right. I applaude them for doing it right and can't wait for the time when SNEy can release news about the progress that is happening behind the curtain.
There are places that refine REE that me have been overlooked..............I can think of a few and the clue of the day is Vietnam........... Perhaps the site is not active......... this doesn't mean they do not process the equipment and desire to get work. SNEY will have plenty of REE to process.
IMO SNEY has been working on this problem and has an answer.... When the time is right they will play their hand.
I don't care who comes on this board to talk SNEY down...... My friends are in and many longs on this board are locked and loaded and ready to ride out the monkeys slinging poop.....
In the end we will be grateful we held...
risk on To answer your question pp..... YES!
In the long run the the fins are important because we need them to legitimize and to up list at the very least back to the otcbb. However, if you wait until then you will be paying much more! With the fins out we will no longer be so speculative. You have to risk a little in penny land.
I have rode penny stock from the .60 to $6..... I have tripled my earnings in one hour with other penny stocks. I have also lost big. However, in the end I really think SNEY is the real deal.
I call it as I see it. Look back at my post history. You can see many of the stocks and their prices at the time if you think I am full of it.
If you are willing to hit the ask we will slowly move up the PPS and you will accumulate more shares. The difference between .0131 and .0132 is crazy little.........
risk on...
Fact
Me and 2 buddies hold millions of shares in the PO and there is no way we are selling for .05 .10 or .20 cents. I can only speak for myself and hold the most between my buddies but I am holding for the LONG payoff....... ( I never risk what I am not willing to loose) I am not looking for a quick buck. Be it a merger, they sell the company or just straight up hard work involved in building a business... we see the enormous potential of SNEY and decided to invest.
So for those who are afraid of the PO and shares ..... don't be..... accumulate as many shares as you can while they are cheap because when this takes off I will not feel sorry for you. There has been ample chance to accumulate shares.
I buy on the open market often and hold them in a roth account. I don't trade them I just feel we are no pun intended sitting on a gold mine.
risk on as always you can pm me.....
Thanks in advance!
Fangster... Solid post!
I'm tired of waiting for old financial with old news to come out.... I'm dumping all my shares of SNEY.
LOL! NOT!
I have all summer to sit around and watch gold prices go up and SNEY dredge and process REE........... Like many longs here, the daily pps is only consequential to adding more shares.
The games played on $5 and $10 trades to bring the PPS down should be criminal............. but remember it's a game and you play a game only if there is something to win.
SNEY will show its self to be a winner very soon.
Gmarc prayers to your family....... Keep the faith.
Sney has slowly put together many parts to begin creating solutions to problems. People, I like these guys more and more each day......Lots to discover about SNEY because they have made legitimate business deals with a trail to follow.
Our new processing equipment described in our June 2, 2011 Press Release is being prepared for shipping so the free gold and rare earths can be separated and upgraded through a single simple gravity separation operation.
A small crushing circuit to enhance separation will be added to the shipment.
RMS Ross - http://www.rmsross.com/index.html
Canadian mining equipment manufacturer RMS Ross is in the process of designing recovery and separation circuits based on analysis and specific composition of heavy sands. Terry Plummer, RMS Ross President, says: “The black sands are quite probably worth as much or more as the free gold[color=red][/color], especially since an average of 17g/ton of gold is still contained in the black sands concentrate after the free gold has been recovered.”
http://www.dredgingtoday.com/2010/09/08/sierra-leone-sunergy-inc-to-expand-gold-mining-operations/
Posted Sept 2, 2010
My scottrade streaming quotes is not working.......slowwwwwww!!!!!!!!
The MM's are playing games....we need bid support and they can't do this.....
Yup the old financials are not going to be sexy or really informative.... and the recent PO offering info is already out. The news is "old news" and is really only useful to show they have filed the paperwork to bring us closer to being a fully reporting Otcbb stock.
Ladies and gentleman our time as a CE pink stock is about over...... patience and hold your shares for the bigger payoffs!!!
Two days left for trading this week. Don't want to use dates but we could see something by the end of this week. We may have this wrapped up by the end of the month or early July.... The heat is on and the shorts need to burn.............
We are a day closer to the q posting which makes us a day closer to having the CE removed.