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I intend to buy a substantial amount if it nears .011. Like I've said before, I can buy twice as many shares tha I did at .023. I don't see it getting to .010 but tomorrow will tell I think.
This is just the sign of a company that is not issuing PRs at the drop of a hat and is concentrating on production. With nothing going on that is reportable, apathetic traders are moving on to friskier stocks. The LONGs are still here watching. That said, the production numbers are going to need to be substantial to move the apathy. Trader may be right....it might be October before it moves substantially. This stock has a history of bumbling along, making all kinds of mistakes (take a look at the postings in September 2010) and overcoming inertia. If it doesn't show its true colors in 90 days, I will be surprised. I will wait that long and decide what to do.
No JoJO. Went to Arkansas. Bill and Hillary were a couple of my profs.
My first 2 tours were two 90 days TDY from the 25th Inf Div as a door gunner for the 197th armed helicopter company, the only all armed gunship company in Viet Nam in 1965. Flew support for a marine squadron up around Qui Nhon and Tuy Hoa in the Happy Valley area a few times. I have to say I was the one who named that the Happy Valley when my crew chief was killed on a mission. Very bitter time. After I rotated out I hooked up with my old unit when it arrived in-country and spent the next three years humping through the boondocks. Transferred into long range recon and migrated into a spike recon team. While in Hawaii I went through the Vietnamese language school. Not in California. The 25th Div had its own school. It was gearing up for the war way back when. Spent time with A Co., 2nd B., 27th Inf Wolfhounds and quite a few other units as well. Had a critical MS and had to stay. Was interesting to say the least.
Not a fact....Just an opinion, and you know what they say about opinions CS. But that said, SNEY might have a cash flow problem.....But unless it is a sham, it is a long way from being flat broke. It has gold, gold and more gold. My OPINION is SNEY is gold rich. Let me be broke that way.
Been ther Jojo. For what it's worth my son is with a large tool company that rums the tools for the big players in the Eagle Ford. They're into La., N. Dak., W. Va., Penn, and about. And I have nothing but respect for roughnecks. Too old to be doing that and too fragile. Great money to be made.
Got a lot of Scots in my background too. Been in the bush (back then, we called the rice paddies the "Boondocks") where I spent 3 and 1/2 years slogging through Agent Orange, bamboo vipers, water buffalos and Charlie. But my real experience didn't start until I got in the oil patch where people will skin you alive. Real world out there where roughnecks and rednecks reside. This market is a lot more sophisticated and has different rules, and I suspect those little CS's running around can do some skinning by themselves, only not out in the open. More like in the shade. I'm a lawyer too, not to denigrate myself, so I can also say boilerplate is boilerplate and all those disclaimers can be read at face value. They don't really mean Jack when read by the normal market players. But Dredge, I would love to go in the bush. I use to pan for gold up in Alaska with my dad on a small claim (still have 2 or 3 ounces in a couple of vials) and seeing that glitter is priceless. GLTY
I think it is a game changer for some. The company from day one has been recognized as undercapitalized and underfunded, but ambitious. That is why it is a high risk company. It was ready to totter in December, January, February, etc., and it is still at risk. That said, having been there myself, you just have to carry on, especially if you have a play that potentially worth billions with a "B." And don't forget, that was a 2009 filing, and it was even shakier than it is now.
People might want to go back and read Post #9997 from one of our better posters. Here is what it says in case you're too lazy:
if anyone of you not sure about SNEY....keep reading the following;
Copied
SNEY mega DD the Ultimate $GOLD PLAY$
Sunergy is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. SNEY control 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license. The concession is surrounded by several operating mines and is adjacent to Newmont Mining's property. This concession has the Ofin river flowing through our eastern portion and there are numerous artisan pits ready for testing and evaluation for near term production. The Ofin river is known for good alluvial gold production. We are acquisition oriented and are considering several projects suitable for near term production.
http://www.sunergygold.com/
what makes SNEY different from all other GOLD PLAYS out and make it THE BEST GOLD PLAY out ?
the answer in simple:
SNEY has just acquired a property of 1,785,714 oz of GOLD valued at $2,3B dollar with an established NI 43-101 Technical Report on it !!!in other words SNEY is acquiring a HUGE GOLD PROVEN property$$$
this valuation does not include the value of Rare Earths mentionned in the PR
Sunergy Closes Acquisition of Allied Mining and Supply, LLC's Large Scale Rare Earth Element (REEs) Deposit Containing Gold and Diamonds in Sierra Leone, West Africa
http://finance.yahoo.com/news/Sunergy-Closes-Acquisition-of-iw-379003839.html?x=0&.v=1
This property is very special and would add some significant value to SNEY. Allied recently obtained a NI 43-101 Technical Report on the Pampana North section of the property. The NI 43-101 indicated that the Pampana North property… “is a property of merit and should receive continued exploration efforts" and that "the northeastern portion of the mining property contains a known bedrock gold vein potential, which is 1,200 feet long, and located 9 km from the Yirisen gold deposit. (Past geological studies have indicated that Yirisen is one of the largest gold vein deposits in Sierra Leone.)"
http://ih.advfn.com/p.php?pid=nmona&article=44301821&symbol=NO^SNEY
WHAT is the NI 43-101 report and why Gold mine Companies use it ?
The NI 43-101 report is conducted by a "qualified" geologist that will provide a mineral resource classification with certified resource and reserve estimates and mineral exploration reports for the property in question
A qualified person is defined in the National Instrument as:
* is an engineer or geoscientist with at least five years of experience in mineral exploration, mine development or operation or mineral project assessment, or any combination of these;
* has experience relevant to the subject matter of the mineral project and the technical report; and
* is in good standing with a professional association and, in the case of a foreign association (is of recognised stature within that Organisation)
the report is used for the public disclosure of information relating to mineral properties
Disclosures covered by the NI 43-101 code include press releases of mineral exploration reports,reporting of resources and reserves, presentations, oral comments, and websites. The NI 43-101 covers metalliferous, precious metals and solid energy commodities as well as bulk minerals, dimension stone, precious stones and mineral sands commodities.
the National Instrument 43-101 is to ensure that misleading, erroneous or fraudulent information relating to mineral properties is not published and promoted to investors on the stock exchanges
The NI 43-101 was created after the Bre-X scandal to protect investors from unsubstantiated mineral project disclosures
the NI 43-101 report will provide public companies with quality financing options and institutional market access and exposure.
what is happenning with SNEY now?>>
from Sterling DD on SNEY :
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55874988
The beauty about the Pampana North property is that 28% of concession area indicated recoverable alluvial gold at over 500,000 oz. (ounces) with average grades of 0.12 ounces per tonne qualifying as superior grade deposits as defined by the US Bureau of Mines.
28% = 500,000 oz. of gold, then let’s solve for “x” to determine what oz. = 100% of the concession area.
Or to better solve this equation… 500,000 oz. equals 28% of what number?
Solve for x where… x = Total oz. of Gold for 100% of Pampana North Property
28/100 = 500,000/x
Now let’s cross multiply to solve…
500,000 x 100 = 28x
50,000,000 = 28x
1,785,714.28 oz. = x
So… 1,785,714 oz. = Total oz. of Gold for 100% of Pampana North Property
SNEY/Allied Mining and Supply, LLC was also granted a boundary modification by the Sierra Leone Mines Ministry which added an additional 72% land area in which recent testing has shown apparent continuity of gold and Rare Earths, but I let’s not talk about this now to be include to the valuation below.
The current price of gold per Kitco below is over $1300+ per oz.
http://www.kitco.com/charts/livegold.html
1,785,714 oz. x $1300 = $2,321,428,200
the VALIDATION of the Acquisition
SNEY has an individual that is part of their team that has written reports about the quality and validity of their property that has 31 years with the US Department of Energy (DOE) and is the person who headed up the famous Yucca Mountain Project. This person is SNEY has an individual that is part of their team that has written reports about the quality and validity of their property that has 31 years with the US Department of Energy (DOE) and is the person who headed up the famous Yucca Mountain Project. This person is Robert A. Levich, CPG, PG, EurGeol, FSEG, FSGA, Director.
http://www.sunergygold.com/corpmanagement.html
A man with his qualifications would not be here with SNEY doing reports and vouching for them unless he knew that what they have are not just real, but very real. His credentials speak for themselves. Robert A. Levich s the person who is responsible for writing the report below about SNEY’s Nyinahin Prospecting Concession located in Ghana:
http://www.sunergygold.com/ALLUVIALGOLDMINING.pdf
CPG, PG, EurGeol, FSEG, FSGA, Director.
http://www.sunergygold.com/corpmanagement.html
A man with his qualifications would not be here with SNEY doing reports and vouching for them unless he knew that what they have are not just real, but very real. His credentials speak for themselves. Robert A. Levich is the person who is responsible for writing the report below about SNEY’s Nyinahin Prospecting Concession located in Ghana:
http://www.sunergygold.com/ALLUVIALGOLDMINING.pdf
Summary of Events:
SNEY has acquired a property of 1,785,714 oz of GOLD valued at $2,3B dollar with an established NI 43-101 Technical Report on it
the NI 43-101 report will provide SNEY with a PROVEN VALUATION and also a quality financing options and institutional market access and exposure.
many other GOLD plays out don't have properties with established NI 43-101 reports on them but properties just elligible for the NI 43-101 report based on their drilling results and have taken major runs on their share Prices before even having PROVEN valuation of their finds!!!
SNEY is going to surpass them all with Allied Mining and Supply, LLC acquisition with a NI 43-101 Technical Report on it thus a PROVEN VALUATION of their finds !!
You know, when you are a company that is starting up, you have nothing but plans, or if you are lucky you have a claim. But since there is just a claim and an operating strategy how are you going to attract investors? You can look to past history, claims around you, and finally assay reports. If you have pits and natives working them, that indicates something, but the gist is, you need to show something to get this started. When I want to drill a well, I look to the surrounding production, new zones, old zones, geology and I put it in a private placement memorandum and send it to my investors. I'm trying to entice them and get money. But ultimately it depends on my knowledge and good guesswork. I liken it to selling "Texas air." If you have a producing well in the area, you've proved it up, but if you're starting up, you look to past production or production from other's in the neighborhood.
If SNEY had to publicize its new start up, it could have done a lot worse than showing natives testing the area. It could have issued all kinds of PRs like SAEI and some others. I think they have been quite conservative. They stated what dredges they were going to use, and a lot of novices took a look at them and thought of them as being toys, not something a "real" mining company would use. Only someone like Dredge could appreciate what SNEY in fact has. Real production figures won't come out until later. Could be not good, good, excellent, or enough to blow your socks off. Using th oil analagy, if there is enough oil to justify completion, I go back to my investors and advise them we need more money. The first round was to drill, the second was to complete. Simplistic description, but that was what SNEY was doing. It feels like it has enough to complete its project and it needed more money to do it. It got it. Now the serious waiting is in.
A basher with no information sits around declaiming what is and what isn't because he has no idea in Hell what is in fact going on and like the teenager he is, CS is throwing a hissy fit. I don't know what is happening, but I suspect that unless SNEY is severely understaffed (I'm sure they are gearing up as we speak; after all divers operating the hoses have to be trained and I'm sure they are not that plentiful right now), it is dredging, stockpiling AND DOING SOME ONLAND PROCESSING. The point is we don't know. When the dredges can't be on the river, they will be doing even more onland processing.
I recall, and someone can remind me if I am right or wrong, there was some production from the pits but ownership was given over to the villagers for PR reasons, and as part of the price SNEY had to give in order to operate. If not, no big deal as that was never intended for big-time production.
Who's worried about a buyer being there? Anyone doubt the market for gold anywhere in the world? Where there is gold, there is a buyer. How are we going to market REEs and who can process them? Boo-hoo-hoo. Got nothing better to do then play at investing. Get down and get real.
The real legitimate fear is that SNEY is a sham. In my MHO, it is not and I am investing in it based on my findings. I got in as a day trader and oops, I stayed. If you want to play the dips, do so. I don't have the expertise. I've managed to buy on the upticks, which for day trading spells out loser. But I'm not here to make five or ten thousand at a whack. I'm looking to make more than a five or ten million and I think in Trader's immortal words, I am going to be holding the bag.
Looks like we might start to finally get our filings. Nows, the time for Traitor and his CS family to start more rumors, but who knows? This may be a positive. Might not. Time will tell.
Don't be sacastic CS. He is right. As Dredge has said, the rain raises the river enough to allow the dredges to get into areas they ordinarily wouldn't. I like your initials CS by the way. I think that they describe you very well. You must be a relative of Trader, Pigeon (Hawk), and Chloe. Good to have you ob board squawking your BS CS. Why secure sands with visible gold? We have no clue. Enlighten us CS.
I think that is pretty easy to answer. They've modified their dredges to produce three times the amount of material that they would otherwise be recovering. That does not allow for separating the pay load from the rabble on the barge. Instead the material is off-loaded onto land to be separated later after the rainy season makes it too difficult to dredge more material. It is a very efficient way to utilize your resources and maximize efficiency. With equipment set up on lands wont be having to worry about cleaning out filters and the whole bit. Need Dredge to step in here.
Yep. But I certainly hope we're not being overtaken by day traders. And it does seem that that is happening. Still holding though.
Again strictly speaking from the operations side, I know what you are concerned with, but I wouldn't really have the time of day to sit down and calculate minutia when I'm working to keep all my operational tools in play. We would all like to know exactly what is happening and until they have time to sit down and give us daily reports we are tied to what is out there. We all want the risk taken out of the equation when deciding how to play our money. But that is why some of us are suited for pinks and others aren't. Here the investment scenario is very unclear and the risks are immense. That is why the gains are so impressive down here. By the time you will have dotted the last i you may have lost a fortune.
Hey Fluffy: Supposedly? Supposedly? Don't you mean there has been a lot of conjecture. I saw no official word from the company until this PR. And it specifically named a date in April, about a month ago when it really started operations, and if you see it for what it is, they have had mechanical problems, less time at operations than they desired, and yet they are managing ten hour days of actual production that is quite impressive. I'm confused. Are you calling that fluff are are you saying you're fluffy?
Don't forget Dagg said this was coming too.
And we weren't told the purity of the gold...could be only 50% not 89% pure, and we weren't told that they were processing it just procuring it, and we weren't told the size of the river, the overburden amount removed, the consistency of the sands and whether they flossed today.
In the immortal words of El Cheepo, "Jeeeze, give me a break!" They have just confirmed that they have great production and reading between the lines as any sophisticated investor should (not someone who requires their hands to be held as they are led around by the nose), this production justifies more expenditures for equipment and we are now around the first turn. You really understand that this puts us way above those who pump but do not produce?
Major production is a few months off (maybe six months), but it can now pay its way. And you can bet buyers are around.
The only analogy I have in the oil business is that once you've proved up an oil producing property, you start putting in more wells. Here you can get caught up in the one dredge issue, but now that it is proved up you can bet they have already started preparing for multiple dredges. And you can bet that as much as we piss and moan about no information they are not concerned with our issues, they are trying to get more dredges in the water to get more GOLD out. Poor Chloe and company. Down Boy! Poor Boy! Roll Over!
For those who are truly LONG and have done their DD, the vagaries of the market shouldn't be worrisome because we know the histroy of what is happening now. SNEY is working on dredging. It is operating right now. When we real LONGS got in, it was talking about getting the dredges in from the US and the PPS was about where it is now. There were no filings, but there was empirical evidence that there was riches in the river that were exploitable. The assays are real, and the company is doing what it can to exploit them. As it is a Jr. Mining Company, it is limited by its shoestring budget, but it is still in the production stage. A lot of what it is doing is prospecting, and removing overburden and finally dredging product. That is what it is concentrating on.
We the investors are concentrating on what we are: day traders, pumpers and dumpers, strategists, tacticians, money movers, financial analists, paper pushers and money counters. In short, we are the psychology of the market place and we do what we can to improve our condition. Right now a lot are moaning about not selling at .026 or .018 and a lot of us are wondering if we buy now or wait until it goes to .009. We're losing sight of the fact taht this company is moving slowly and methodically and only our fears are driving us.
I have one advice. If you don't have money to lose, get out. It may fall even further. But this company is way far off better today than it was even two months ago or when it was at 0.026. Nothing has changed but the news and you know what they say about news. But if you have money to risk, why not here? Even if it gets to .009, unless there is a total collapse (always a possibility), this company can only fly. And what are we if not river boat gamblers with a good hand? Hawk should change his name to pigeon, and Chloe, well a girl's name is good for that marine. Anyone who gets a kick out of watching real people suffer through worry are a bit sick.
This play is a lot of fun. Nothing like betting on the payout. Especially when you are not in control and don't have knowledge about what is really happening. Betting on faith coupled with DD is what it is about. Am I worried? You bet. Don't like to lose. Will I sell? I like my DD and I bought into this company when it was a lot less than it is. I know what it is alike to keep going when all common sense says stop and then the money literally flows in.
SNEY is not worried that the value of its company has lost almost 50%. It knows what its real assets are, and it is borrowing to get more of them. I've done the same. Always with geological information in hand. They have the geology, the equipment and the expertise. It will grow IMHO
And I thought I was old and wise. My birth year of course. HS grad in 64.
I wouuld touch that "cow out back" line with a ten foot pole.
I am ignoring you and Uncommon because you guys make me wnat to buy more and my powder is back in the wet stage. It does look good though.
Mostly just BS while we wait for news. Let it be soon, I say about two hours. LOL I have faith in Long22 since he's been spot on his agenda.
I bought my first 10,000 shares at .0017. But I've averaged up and now average about .011. And I am around 6M shares, my son at 261,500 (he's very conservative and absolutely would not buy more. He got in at .0151). My daughter has 35,000-all she can afford. And she's pissed that she got in at 0.0235 when the bottom fell out. Story of penny stock. Want my other speculations? Not good! But I did have SAEI at .025 and got out at .41. Got a few other losers in the mining areas.
Well, as an articulate well-educated attorney, I did you homage by slipping into that vernacular. I felt that anyone acquainted with your particularities would know that I was speaking directly to you by my use of subgrammatical induction.
I appreciate that Risk, but I would then be doing the job I've been doing, trying to appease everyone and make them happy when we both know the only thing that will answer the questions is money in the bank. As I've mentioned in the past, by limiting my investor pool I'm not caught up in all these SEC rules about information. I'm not limited in what I can discuss with my investors and I do have to be on the phone with them constantly. I don't have to deal with press releases. I can email each of them as a group and information flows, good or bad. And these guys are big guys, able to take the loss. Hell, they can just drop in and see what's going on, and they've done it. It's not like BigGreen with his 50 - 100,000 shares of 0.023 stock can hop a jet and take in the mining operations. Now if Big has 34.4M like the Fangster, he can hop a jet, and probably should.
Why do you argue over miniscule, irrelevant crap? So the TA will not give out information. BFD! You don't like the numbers, or potential numbers, take your loss and move it to another stock. Maybe you need to move out of pinkie land and move to the high rise district where all the I's are dotted and the T's are crossed. Down here we deal with underfunded, operations-oriented companies, that are being driven by men with vision, hope and hardwork, not to mention hard won experience. The fact that they are here and not with Newmont or the biggies indicates that they have not gained entry into the exclusives, but they are still in the game. We LONGS are backing them because we are risk takers (not whiners), gamblers (not day traders betting on ups and downs, but going for table stakes), believers (based on DD, not misinformed consensus of opinion based on unrelated facts), and successful in our own right (that is, we know a winner when we see one and we back it). Son, if the fire is too hot, time to move back and try your luck elsewhere.
No insult intended Big, but really you're whining to the wrong bunch. I got my daughter into this stock at 0.023 so she's sitting on a 30% loss as well. But she ain't whining and complaining. If she thinks she guessed wrong, she'll sell and go somewhere else. Maybe you should cut your losses and do the same. Either you've done your due diligence or not. And checking with a TA don't mean squat. You obviously have not worked in the industries like Dredge and a few others. Dredge is very informative, but is also very polite. He doesn't exactly spell it out about how it really is done.
Here in the real world, there are schemers, dreamers and doers. Your DD should have gotten you to the stage where you believe SNEY is a doer by now. If not, and if you just got in while it was hot to trot to take an advantage of an uptick, you just guessed wrong. If you believe that SNEY is a doer, you should no it does not care one damn bit about appeasing or assuaging yours or my concerns.
I've been drilling oil wells for around 25 years and I always had to go to investors to get the money. I didn't care who they were just as long as they forked over the money. Then I drilled. And they whined and they second guessed me and they whined and they third guessed me, and they whined and they pressed for information that was not available. The point is they press and they press and when a person is pressed enough he'll often say things like I will have information for you in a couple of days when he knows damned well it won't be there because he is operating a company. He really doesn't care about the needs of the investor. All he wants is his money so that he can operate, ie., mine, drill, process, manufacture, whaever. If it is successful and the well comes in, then money is being made and the investor is happy. That makes me happy because I can go to that investor on my next well and we can make more money. And if I am successful at making more money more often than not, the investors keep up with me. If I lose, I have to look for more investors to keep going. And if you have been in the business as long as I have, you will have burned some investors and lost your shirt more than once. And you will have made some money too. The point? The point is if you develop a reputation for being honest, doing your due dilligence, and working to make money, it doesn't matter if you win or lose. Your investors will not be able to say you didn't do all that you can do.
Transparency? Mass approval from posters does not give or take away transparency. That develops over time. Risk was spot on about how this company has gone since late 2010 when it got the CE, when there were no dredges, when the operations were going to be started in January, but the dredges didn't get there until mid-March, when filings didn't get done, etc. Just like a well that is underfinanced, problematical, subject to snow storms in Idaho, ocean voyages, things do take longer, much longer, and investors with too much money and time on their hands like to cuddle like hens and henpeck at each other and build up fantasies about how the company is scamming them while its directors sit on their terraces in Sierra Leon overlooking the river drinking Jack and living off of the float.
You are caught up in the technicals of trading shares, filing financials, and SNEY is caught up in mining. When they have to file, they will. Or when they have time. Sorry to harangue and preach, but believe me, SNEY owes us nothing but to do their best to get the gold, REEs and diamonds out and to market at the best price available.
The bulls are frolicking. If we danced a PR heifer or two in there, they would be rampaging.
I think way back when the company did say something about selling the sands wholesale. I don't have time to go looking for the PR, but someone will find it. They made the comment about doing that until they had enough revenue to get in the processing side of it. Could be I'm hallucinating now.
Blowing smoke is a great metaphore. In this case it just might be where there is smoke, there is fire. And there is definitley a lot of smoke here for sure. LOL Cheeps is probably smokin possum, or something else.
Who really knows? In the real world where miners and producers live, there is always talk and conjecture, so there is probably a little of both. But the thing that is always stressed is that we have to do our own DD. And I really mean that. I like Risk and EL Cheepo, Dagg and Uncommon, Nebula America, Rainmaker and some others and value their opinions. Occasionally Long and Trader have great insights and mostly everyone has something worthwhile to contribute, but I looked into this last year and made my decision based on my DD and expectations and not theirs. You really have to make a decision, have grit and continue the faith until the signs dictate otherwise. Go back to Post #1 and read them all and you get a feel for the company. I don't know how well managed it is. It's always, and I mean always been late and short, but it is like the little engine that could. It still keeps going. And it does make the right moves albeit, not as fast as we would like. And we're not owners. They are the owners. And don't split legal hairs with me. This is their baby and we are a LONG (pun intended) for the ride. Someone will always have more information, some will have more insight, and some will have more faith. And some will be left holding the bag. Hopefully, full of gold. JMHO
Yes, but they may not be worried about the processing of the sands. They may sell them unprocessed. There is a market there and even if they sell at a discount, you're still talking big bucks. Or they may do both. When I drill a well I don't worry about getting product to market. When I complete it gatherers come to me. We may truck out the oil or pipe it depending on the infrastructure. Whatever works. Build it and they will come.
in the mine field where the possums are staked. And there's gold under 'em if you got the huevos. I got the bacon. Guys, we're busting out now. Up, up and a way. 3.11%. Pass the Jack
Be more optimistic. Look at it as a half full bottle of Jack
Based on what is being said by reputable people we trust, they are producing a lot of revenue. But they are on the other side of the world, and we need to quit complaining because they are not getting us the info quickly enough for us to build our portfolios. We all wish, but the reality is what it is. And when it hits, it will please some and disappoint others. I can't wiat to dump my shares too.... at $10.00 per.
Are you for real? Technical failure? Jeeze. The dredges are working just fine. They are not separating for gold right now because the company has adapted to the most efficient way to get to the money. They are taking out the big gold (note big does not mean pinkie finger size but much smaller) and leaving the small gold that ordinarily would be trapped in the filters for later extraction. They are making money now even if it is only the accumulation of gold. We don't know what the arrangements are with the downstream buyers of the black sands and all of our speculation doesn't mean didley squat. For all we know they are selling the sands now and the buyers are saddled with transporting it. Maybe they just transport it to town and ..... the point is, we don't know. They are trying to maximize profits and in the shortest timeframe possible.
I don't mind selling or buying but this apathy sucks. Ain't someone gonna buy a share or two?
But even with filings and PRs on production, SNEY sure shot themselves in the foot (or feet) when they screwed up that initial financial filing. Had they filed it on time and issued a production PR of any kind, the momentum would still be ongoing.