69Panda
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yup once we get the profit taking out of the way we can consolidate and move north. Not to overstate the obvious but it's Wednesday and If i was a flipper I wouldn't want to go into the weekend without shares. A pr about financials and dredge IMO soon.
completed fins means good buy "good bye" CV....................
The word on the street is all good. My next piece of info I am waiting for is the CE removed. The word on the street is EARLY April. That means the financials may come out any day! GLTA-
this wall is faker than the bitties on the last dancer I had!
I hit the ask and these f ers fill me with like 19,750 in two fills suns a itches
Great day!
Mike and admiral you both have a good point. Yes, there are the warrants from the last private placement. But there is also no debt so yes we will see dilution but have no debt. The financials will show that we have cash and thats good too.
Our operational cash has allowed us to get where we are to start production, so I see it as a necessary evil that isn't that evil as we would have been non-operational without cash. If the warrants are exercised then we have more cash to buy more items to dredge and make more money. Sure the PPS will be effected slightly but IMO it is not the end of the world especially if you are LONG.
What you may not know is there is currently another private placement to raise further money. I stress that the money earned is being used to further our efforts to dredge! This is no pump and dump. At some point we will need a certain share structure if we are to jump from the OCTBB to say NYSE or other big boy boards. As long as they do not go crazy on the share structure and we find half of what they say then we will be in great shape! glta
Tradersule:
I believe it will take a "second" from the time they file the financials to the time they are reviewed in order to have the CE removed. This period could be a day, or a month..... It's not an instant process but I believe it will be short as SNEY has been responsible and will have fulfilled its part to have the CE removed. In no way am I advocating not holding a position. I hold 4 million shares and they are all for the long haul.
My point is we may see a little dip prior to the next leg up. Of course this depends on buying vs profit taking pressure. If it drops a bit I will be right there to buy. You can count on that!
I also believe we will have other good news such as the dredge process and the financials will show we have no debt which is just awesome. The share structure including any private placements will be important news too. Bottom line you better be in as this may explode at any point!
When I see a pink with potential I go all in as it's just my style of trading. However, I never ignore the facts as i interpret them bad or good. glta
risk on no pm but I see by May SNEY being cleared of the CE and us moving big time! The SEC isn't exactly a speed machine but it will get done and we are golden!
Great week....... I can see some people taking profits next week while we wait for production news. No reason to freak out if we dip a bit, as its part of the natural order of pinks. We have financials out in a couple of weeks and by May our CV should be removed.
Looking good!
I'm betting on the filings showing the 40k drops off, the private placement shows income, the cost of the dredges are shown to be paid and we are cash positive.... yup cash positive! I like my odds here as we start production ASAP and our financials will be updated by April. The CE will take a month perhaps to come off but that is over a month of production. What's not to like from this sub penny stock that will be in production in DAYS on REE and gold @ $1400 an ounce.
I was told 1 day with last few miles being the hardest.
Per the last pr our dredges would be on land yesterday.
I'm looking for dredges to be operational first, the financials to be reported, and then the CE status removed. Any other news is extra. So far Sunergy has delivered on what it said it would do and in pink land that means something.
They have been working on the financials. It will take a bit more time to have everything filed and cleared by otcbb. From my understanding we are in good shape, just need to let it play out.
I hear we have a JR. relationship with a German group that will give us an immediate cash flow! Yup Yup!
Power hour coming up! Let's see what she can do.....
Thanks Doone. The visuals help! Yup the road isn't exactly Interstate-80 but the truck can do it in a day - Of all the weeks this is a busy day.... busy week for me! Getting interesting. And who is flipping now?
bababeely, not to be offensive and don't take what I say personally but this is not my dissertation I need not disclose my source(s)..... It's imo based off my research and people who are in the know.
This train is on the tracks and will begin to chug down the track. GLTA
We will be operational by the end of the week. If your are on the fence IMO it's time to get make a decision. They have a truck to move the container and it's a 1 day thing. We are not going to be bombarded with pr's. But trust me things are happening.
BUY BUY BUY! Thats what I'm doing. We are going way up from these prices. No BS!
Customs delay.... man just give someone a little money and we pass customs.. Real world talk.
I have many close friends (20 years) from the Taekwondo martial arts community in Japan. Good people.
Flipper sell to take profit - some people sell small amounts to shake down pps to buy low and some people get nervous.
the shake............. hold um if you can.
looks like the macd about to cross back over.... If we get more volume this afternoon should be nice!
The pr was at the open correct. We need to let the news hit the boards...... Great times ahead... Lets punch past the .008 and challenge that .0095 again.
Here is the PR
Marketwire
Sunergy, Inc (the "Company") (PINKSHEETS: SNEY) today announces that it has received notification from the shipping company that the ETA for the container with the 3 dredges and operating equipment is now scheduled to arrive in Freetown, Sierra Leone by next Tuesday, March 15, 2011. Severe winter weather conditions, both on land and at sea, have delayed the delivery schedule over a month. This delivery now sets the stage for operations to commence on the Company's Pampana River Project once the shipment clears customs and is moved to the site. Company operations personnel have been on the ground for a few weeks preparing for this arrival. Operations will begin once the dredges are assembled and located in their preselected locations. Dredge builder and Company Advisory Board Member Alan Trees will supervise the assembly and start-up operations to ensure optimum performance.
The Company is also pleased to announce that draft Financials are being reviewed for filing in the next few weeks. These contain the 2009 10K and 2010 10Q's for quarters 1, 2 and 3. Once signed off by the Company's Auditors and filed and accepted with the SEC, the Company will have fully satisfied its reporting requirements and the Caveat Emptor status should be removed. The 10K for 2010 is also being prepared but is not due for filing until March 31, 2011. Virtually all the information contained in the2009 10K and 2010 10Q's will be reported in the 2010 10K as well. Once all filings are complete, the Company intends to re-apply to list on the OTCBB and is committed to maintain a fully reporting status to ensure a higher level of transparency.
The Company urges investors to visit www.sunergygold.com to study the Projects, Corporate Reports and any other due diligence they require before investing in the Company's stock. An informative Dredge video is also available on the site. Investors are also cautioned that message boards are not places that have any official corporate information and should not be relied upon as a source of due diligence, but rather are places where opinions, often colored with agendas are published.
P.K. Medhi, Chairman of the Board of Directors, says: "We have always preferred transparency and have always been a reporting Company. Last year our financials were delayed because of accumulated debt which has now been fully paid. In fact, we were able to retire all our outstanding debt last year and are poised now to put all our financial assets to work to advance our substantial mining projects to early cash flow. We look forward to publishing our financials and to return to a transparent format. We believe that our shareholders will be pleased with our 2011 performance."
About Sunergy: The Company is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. We control 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license in Ghana, West Africa and the 140.1 sq. km. Pampana River Rare Earth, Gold and Diamond concession in Sierra Leone, West Africa. We are focused on near term production of these properties this season. We are production and acquisition oriented and are considering several additional projects suitable for near term production in West Africa.
More Information will be forthcoming about the activities of your Company that are about to get underway and are already underway.
Notice Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any mineralization, development or exploration of the Nyinahin and Pampana Mining Concessions.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact: Bryan Miller President 707.738.4280 bryan@alliedminingandsupply.com Sierra Leone Phone: available upon request from IR Dept. Sunergy Inc. 14362 N. FRANK LLOYD WRIGHT BLVD SCOTTSDALE AZ 85260 Phone: 480.477.5810 Fax: 480.477.5811 Investor Relations: Steve Parent 480.399.7222 steve@sunergygold.com
SOURCE: Sunergy Inc.
mailto:bryan@alliedminingandsupply.com mailto:steve@sunergygold.com
LOOKS like "Pac Man" came in a gobbled up some shares!
Agreed - could be a nice little flipper but I'm not really interested in gambling so close to possible news coming out.
Ok when will news come out
News out in the morning time - after hours in the evening or pre market open- on a Friday or smack in the middle of the day.
I hope we get news on a Friday after hours personally.
GLTA
We are going to be range bound until we get news or a significant level of buys or sells comes in. I can live with this current PPS.
Todays drop looks like 10% from the close on Friday until you see that we moved from .007 to .0075 at the end of the day on a 5000 buy. So, really we should have closed at .007 My point is we were only down today from .007 to .0068 With news coming soon I am buying a million shares to hold for an untra long position. I haven't sold a share yet but this buy will be my loooong play.
GLTA -
long 22 if you have no facts to back your statement then put imo in my opinion please. If you have facts then post them.
Admiral no pm but yes I agree. We hit it yesterday and couldn't break past. We also made a run at it a few weeks ago. We will make another attempt prior to news IMHO. Admiral I have to say you are a witty guy. I don't always agree with you but it would be interesting to sit with you and have a cold beverage.
Yes it is right after you and others SLAP the ask..................
Wow what a different tone today... The only thing that has changed is we are one day closer to hearing news. They are not going to release news until they have solid news to release.
You can't tell or blame a flipper from flipping. Do what you have to do, just make sure you are in when the news hits. GLTA
Here is a clue. The dredges per my email with Alan was that there is a third motor which operates the sump pump but ALSO operates multiple air lines. The air lines are used by the divers who operate the vacuum hoses to pull up the soil. Divers need to be trained as do the persons running the dredges topside. Then there is the processing on shore and so on. It's coming together rather nicely and when they are ready to release news those who are holding will IMO be rewarded handsomely.
There are many things happening behind the scenes. This stuff takes time but IT IS HAPPENING. If we run down then I will buy more.
I'm looking at different SNEY horizons.
Delivery of equipment and CE removed. #1
Initial production and results #2
Expansion into other areas and rivers #3
Earnings and and then up-list #4
We are not there yet, but we are very close. My strategy for SNEY is long! Flip it if you want but IMO we are going to get great news within a two week frame. This news is going to be HUGE news! I'm betting its delivery of dredges, the plan for their operation and removal of CE status. We will be in the pennies. So you can flip all you want. GLTA
how much would that suck if we get news after hrs.
We sit next to a huge mining company. I don't mind if we get bought out. Ya I know its way premature. But this is why we play the pinks.......... You just never know what "gold mine" no pun intended we sit on...........
1 billllllllllllllion dollars !!!!!!!!!!
This is no dump and pump and am glad for it ............ The upside way outweighs the down side.
How much was gold today like 1400 billion dollars an ounce? lol
News is on the horizon. Tick tock, tick tock