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Form T trading is especially suited for overseas investors, since they may conduct the bulk of their U.S. trading when their markets are open but U.S. markets are closed.
Read more: http://www.investopedia.com/terms/f/formt.asp#ixzz22Y12aBnt
Ok...so who is our foreign investor?? Hmmm...
Congrats! You have made a wise financial choice. Check out Falon's posts about all the information about SNEY. He does a great job with analysis.
We are now officially current and uplisted to OTCQB. Q2 due Aug 15 with a slew of juicy PR's to come.
Hang tight...things about to get very interesting for us longs!
Ice
Can't argue with that theory...
I do believe we have the goods...and alot of them. As I stated before with many others as well, I believe SNEY had to get current before PR'ing hard numbers. Any other way around it would have minimized the impact of what is to come. This is the part of the investment which has required the most patience. But we are on the precipice of many good things to come which is why I have been long for 2 years.
People have been getting them cheap for months now...this cat should be at least .01 if not near .03 by now. It was near .03 a year ago on vapors...now we got the goods. Just a matter of time.
You are correct...too many unknown variables without PR info. I was researching a couple different ratios to calculate the PPS, but like you said, without PR info, it is all speculative.
I correct my position...I calculated incorrectly, it should be the total amount of income of gold divided by outstanding shares...that would put us at .28 per share. Still a good start.
Outstanding! Thanks!
Thanks!
Based on your calculations of the amount of just gold...I have a PPS of $3.56...not including any other mined asset.
I calculated this by dividing OS by total income of gold...am I missing something?
ok...sounds good...now connect it to a potential price per share please.
Please keep cheering and leading SNEY. Your courage to stick out your neck with given information to help other investors knowing that the waters are shark infested has been invaluable. I have appreciated you being one of the main point men in our journey and have no problem sailing my flag under your flagship battleship. Keep up the good work and again from one investor to another...THANKS!
Ice
Check out this video...The economic collapse of the future and how it affects gold and gold mining companies
ok...I will stick to a stout beer...that was hilarious!
I am so excited I can't sleep...I have been puking all day with giddiness...haha!
Willie Beaman...good one!
My new drink of choice is a spin off of the Caipirinha from Rio de Janeiro called
Icepirnha- made with Cachaca, distllled sugar cane, fresh lime juice and sugar with a hint of mixed mint. Sprinkled liberally with SNEYjuice!!
Ice
So did God...
15 minutes to go until the lights go down and the curtains close until the new act opens tomorrow!
I am going long and deep! Throw me that pass!!
TD SNEY!!
Man am I so giddy!!!! I am literally about to throw up...I am so excited...haha!
I might have to start my own drink on beach...what shall I name it
Ice-a-rita
Ice-tini
Ice-on-the-beach
Long Island-Ice-Tea
Jack-On-The-Ice
Ice-Driver
Ice-Colada
Just to name a few...
They have no idea what is about to hit them do they??
I have had a rough day and that just made me laugh and smile!!
Thanks... I needed that!
Ice
Thanks for the input...helps with my decision making.
The news for the company that came out yesterday produced a 40% increase in the stock price. Granted this is a very volatile stock at this point, but I am curious to watch how it responds based on given information at hand. This company is a sub penny as well and on similar lines with SNEY although SNEY has bigger prospects. I like comparing the two to see how SNEY might fare when the lights come on.
Another company posted news today on their assays...here is the news
Assay Results of 0.362 Ounces per Ton of_Gold
Ok analysts...compared to what we might expect, how does that compare to SNEY and how would that affect the stock price?
Done! Outstanding Information!
SNEY's timing might be because they "know what is coming!" If you look at everything around you as most of you already have of what is going on in the world, Consider this...
http://www.newsmax.com/StreetTalk/Merrill-Fed-Gold-price/2012/07/12/id/445122
What "IF" they were lining everything up just right? Think about it...in this order. I'm sure FALON has already sent this as a post as his DD is top notch, but it doesn't hurt to see this again.
1) Current financials
2) Lose Skull and bones
3) Uplift to new market
4) Sell the story
5) Production #'s
6) JV
7) Fed easing
8) Cost of gold increases
9) Middle East goes crazy
10) gold goes up more
11) Stock prices goes up
12) Chinese buy out SNEY-great possiblity!
13) Price climbs exponentially
14) SNEY investors get together for party in the islands by personal yacht or plane and I buy the first round.
This is not out of the realm of possibilities is it? If I was in the position of an owner of SNEY and wanted to maximize my initial investment, and I had to consider all the variables sitting on millions of shares, this is how I might do it. They say timing is everything right?
Now all we need is patience which we all have exuded at enormous levels...but I do see the light at the end of the tunnel and we are on the train!
Ice
Possibly as the MM's load up!
Outstanding DD!!
Outstanding DD!!
very true...
Yeah...I am even thinking about taking all the money my company has earned this year so far and plunking it down...but I already have quite a bit on the train. Either way, I will be extremely happy when this thing takes off.
Hate to see it dip though when we just saw the 9's.
I hope all is well.
Ice
Buy low and sell high...last time we descended quickly, we hit higher highs on the rebound.
Glad I have my pepto for this roller coaster ride!
Peace to all!
Ice
Good move...you will be rewarded exponentially from your intial entry.
Here is your ticket stub to the game!
Ice
You and me both!!
Your saviness for detail is what makes you a valuable asset as a contributor to the board. I agree with some of your points, but the main focus and foundation of what SNEY is trying to build and what the investors have been looking for is becoming current and removal of CE. We are there and are moving in the right direction. I believe your questions will be answered in due time although it has been a slow ride up to this point.
More long and strong than ever!
Ice
Bid/Ask .0085 x .0092 Going to crack .01 today!
I couldn't agree more.
Not if they are producing cash flow from projects. Stay tuned...
Hey big guy...we got great news that we have been waiting for. Focus on the positive and enjoy. It is coming to fruition.
Ice
Positive Key Points of 10K
1)"Our 10Q for March 31, 2012 will be the next and last financial report required to be filed to become fully compliant with our SEC reporting requirements and www.otcmarkets.com will be notified of the updated financials and disclosure statements so that the Company can be listed as "Current" in its filings, thereby removing the Caveat Emptor. Management expects this to be completed in the next few weeks."
2)"The following discussion will highlight items from our 10-K and put them in perspective to show how we have brought our mining business in both Ghana and Sierra Leone to the level that an infusion of new capital will result in development focused on establishing sustainable cash flow in each project."
3)"We do, however, have a substantial amount of existing warrants that once the market price of Sunergy stock is above the warrant strike price by an attractive amount ("in the money") then the warrants could be exercised which would inject more than $2,000,000 of new capital. This will enable us to ramp up operations in both Ghana and Sierra Leone with an eye to developing sustainable cash flow."
4) "Our exploration efforts increased predominantly because we implemented a dredging operation on the Pampana River Concession in Sierra Leone with our 8" dredges purchased for this purpose. The material recovered is now being tested at Hazen Research Laboratory in Denver Colorado to determine the specific mineralogical content and to design a pilot plant for separation of the most marketable precious and rare earth minerals."
5)"Our Ghana project is looking for a joint venture partner for immediate gold recovery and cash flow."
6)"Chairman P.K. Medhi said: "Management is pleased that we have reached this milestone with the filing of our 2011 10-K. While our growth has been slowed by our inability to raise adequate capital to advance our projects as we would like, we have paid all bills that were required and are current in our payments of fees required in both Sierra Leone and Ghana. This is no small achievement under these circumstances. Also, we have very friendly debt, which once compliant in our filings will mostly go away so that new money in the enterprise will be able to launch our future cash flow opportunities."
SNEY NEWS ALERT!!!