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Just curious is all. Emailed Mr. Hale to find out.
Interesting thought. Thanks
Anyone happen to know what's going on with www.sunergygold.com?
A couple of questions and comments. If sney were a brand new company, where would it initially be listed? Would it be where it is presently or on the pink sheets? I ask this because with the new game plan, new CEO, and new operations manager with all his contacts this is essentially a new company. Last question: If one looks at sney from that perspective,( from the hiring of Garrett Hale as CEO until today) should a positive conclusion be drawn or a negative one? I think a positive one.
Having initially bought into sney at a price of .023 (approximately the same time as a guy named Scuba) and averaging down thereafter and once doubling down at .0012 I've been residing in the green for several weeks now. Like Mr. Martin said in a song, "I couldn't be any happier or I'd be sick." Keep the faith and GLTA.
Don't know if it will be loyalty that does it. We have a lot more going for us now than we did once before when we went to .026. Logically, that realization should keep most in the game well past .01 if we get some good information next week. IMO
"ENJOYED READING YOUR POST AND WE ARE PRETTY MUCH THINKING JUST ALIKE ONE ANOTHER."
Glad to hear it. Incidentally, my wife has accused me of being crazy for having so much money tied up here. lol
All this talk about going to the pinks or doing a reverse split is a pointless exercise. The question is, do they have the goods or don't they? If they do, then whatever happens can be handled. I think they do, so my chips stay on the table whether we make the penny by May 1st or not. Course I'm just here gamblin. lol GLTA
"They may be trying to get as much product as possible to report as best as they possibly can with the time remaining."
That would be my uneducated guess. It's what I would do were I in their shoes.
Committed and never panic. Thanks Mugwumps.
I, and I'm sure others, really appreciate your's, Fangster's, Jim 46's, My Life's, and others insights on how business works. Things people like myself might not be aware of and would therefore not consider. Thanks to all of you.
" However, I believe that Garret Hale is an extremely savvy businessman, and Dredgemaster is an extremely knowledgeable and locally experienced mining expert. These are the combinations that oftentimes are wildly successful, i.e. intelligent business experience combined with experienced and intelligent technical experience.
Even with my eyes open to the lack of funding, I believe we now have more than a puncher's chance for success."
DB C
Very well said. Things have been looking better and better since these two got involved. Fun times.
Good stuff Ant!!. Thank you.
Hope your not still writing 2013 on your checks. lol
All the way from being down 95% to being up almost 7% today. This is turning into one hell of a ride.
Could be another way of saying "all or none." That's how I play the game. Got to trust in the people steering this ship, they have a vested interest.
Jeez, I leave the house early to go take care of a bunch of work and when I come home we're up 45%. And I thought Friday was nice!!!!
I guess, in your world, it's altogether impossible that the prs we have been getting are just simply Mr. Hale keeping shareholders informed as to what they are planning and what they are doing. We are not at the point of cash flow yet so does that mean that the company should be silent as to what's going on?
I thought we would sell off a bit today. This green finish is a nice surprise.
Makes the most sense to me.
I'm no expert, so other than reducing the number of outstanding shares, what effect would a reverse split have on sney?
Interesting. Seems like short notice for such a thing. I wonder how long this has been in the works.
Amen
It seems we have some that are overly pessimistic and some that are overly exuberant Fang. Both can lead to disappointment imo. Keep on keeping it real.
I agree with you. This can't be scuba.
For those with an interest in gold and silver news, scroll down to the podcast. Disregard the pitches to buy gold or silver from Goldline as their spreads are far too high. Joe Battaglia's commentary, however, is always interesting and informative and covers the weeks events and forecasts of top named annalists.
http://www.goldline.com/prices-research/industry-news/sprott%E2%80%99s-oliver-sees-5000-gold
Spot gold price now at $1373 and rising. looks like we have finally crashed through the $1350 barrier and are headed for $1400. As Iceman said this morning we could have a perfect storm forming here. GLTA
Anyone still believe Mr. Hale is just a puppet?
My apologies, should have said "almost everyone." lol
Lol. Could have sworn that everyone was of the opinion that Mr. Hale was nothing more than Parent's puppet. Nice post. I enjoyed reading that.
"We expect to begin reporting preliminary results of operations in a week or so."
In my understanding of the English language there is no sense of certainty implied in the words "We expect." Maybe some things that they anticipated happening are taking a bit longer. In any case we are not really very far outside of the "or so" area of their statement depending on how we define "or so." (I can't believe I got myself involved in this conversation. lol)
I'm holding a 1 oz. Maple leaf Canadian gold coin in my hand right now and it really doesn't seem like a lot of material for motivated people in a productive area who know what they are doing to have to get in a day's time. Course that doesn't take into account breakdowns or other problems that may arise and I am speculating out of ignorance, never having done it myself. Still, I'm betting that $40,000/mo. is a conservative estimate. GLTA
That's right, forgot that one. I think $40,000/mo. is being conservative. How about you?
$40,000 divided by $1,300 per oz. is 30.77 oz./mo. If they are working approx. 27 days/mo. that would amount to an average of about 1.14 oz./day. I think you have to believe that Dredge is probably an expert at choosing the most likely productive locations for the dredges so $40,000/mo. doesn't sound outrageous to me. May even be conservative. Also, don't they have a geologist assisting them?
Gold continuing it's rise this morning.
I hope it's okay if I do some speculating on the human side of this Sney equation. Dredge is 60 or 61 years old. Now I don't know how many on this board are near or over sixty but I can tell you from my own experience that if you are a thinking person you begin to realize that you are a hell of a lot closer to dying than you are to the day you were born. Your time left on this earth is becoming limited and the time you have left to make something big happen is also becoming limited.
Now if you're Dredge, with a lifetime of mining experience, important contacts and friends in the right places, and most probably a plan to make that something big happen, what else do you need? Maybe it's a little company with a new CEO who's desperate to get things going in the right direction and is willing to let you call the operational shots.
Dredge was posting on this board and essentially just one other one from 3-29-2011 until 11-3-2013 when he became a part of Sney. I'll speculate that he has been looking and waiting for the right situation all that time and is now taking his shot at something big and will pull out all the stops to make it happen. I agree with Mylife. It mostly hinges on Dredge. Best part is we get to tag along for the price of some shares, a good bet in my opinion. All just speculation on my part though. GLTA
So can we deduce from this post that you would rather that the company stay silent and tell us nothing of what they are doing to attain the revenue that we all desire?
Sorry, I couldn't help myself. lol
Dredgemaster David Price comments: "I am extremely pleased to be working with Sunergy now and want to take this opportunity to say that Management is truly focused on what's best for the Company and its shareholders in my opinion. The opportunities they have shown me are truly exciting and they have worked well and hard to bring them to the shareholders. The new focus on cash flow makes a lot of sense and they have brought us to that point. I will be certain to make that a strong reality. I am also searching for additional equipment in both countries for rent or lease purchase to accelerate our development plan. If things go smoothly, we should have 3 dredges operating in each country by mid February. I want you to understand something, I get paid mostly on performance bonuses, so I want to make this as big as we can, for all our benefit."
Care to show us where he says that he will release an update in mid February.
However, I did pay way too much for some of them. lol