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Salaries were NOT paid. . .ACCRUED ONLY!!!!
Read the Statement of Cash Flows for clarification.
We shall see. . .if the accrued reduces in the next
two quarters, I will agree with you. Not until.
With what. . .they have no cash!!!!!!
BS. . .The $192k is a liability yet to be paid.
Accounting 101. . .
From the Q: Salaries were accrued. . .NOT PAID!
Perhaps the sands were classified as an asset.
There would be no revenue recognition (gain)
unless the sale price exceeded the cost to produce.
Just an alternative explanation IMHO.
All . . .Scottrade and another regional broker
show my shares based on what I now own and NOT
what I held in December 2011. FWIW
Hey scub. . .check your old stock lately.
Distro happens today!!!!!!!!!
Show me the way ROCKETMAN!!!!!
I, also, would like to visit the land of truth.
Impressive junky!!! I'm with you on the old military friends.
I've been accumulating for a while as well. Buying, selling
averaging down. I'm all in now and ready!!! GO SNEY!!!
Bali. . .BFD. I got 100k today @.0035.
Jeeeeeez coulda saved $40.00
HAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAH
I got mine! GO SNEY!!!!!!!
C'mon junky, spend some of that beer money
you anchor-clanker! Semper Fi !!!!!!!!!
and GO SNEY!!!!!!!!
Good Luck on that MC5. . .but I
did get another 100k @.0035.
Averaging down nicely. GO SNEY!!!!!
Bottom feeding!!!!!!!!
LOL risk.. .but I'm on the Mikey plan today!!!!
It ain't workin' Mikey. . .
I can't find a seller @.0035!!!!!!!
Get in line pal!!!!!!!!
Not worthy of a reply. . . but a markable post nonetheless.
Yep. . .saw that yesterday.
KUDOS to Scub. . .nice DD.
Mornin' risk. . .been out of commish for a while.
Had back surgery one month ago today. Feelin good now.
Looks like things are lining up for SNEY going forward.
I GOT MINE!! GO SNEY!!!!!!
Hi RMC. . .yeah, everyone hates waiting.
But. . ."Good things come to those who wait."
Sorry, I don't know who to attribute that to.
GO SNEY!!!!!
Sure risk. . .ROTFLMAO
Havoc. . .I concur with most of your points.
Q3 and Q4 will tell the tale for sure.
Risk. . .I'm not sure of legalities if any exist.
From the last Q:
Revenue
We are an exploration stage entity and have not commenced any revenue producing activities since our inception. We do not anticipate earning revenues until such time as we have entered into commercial production on the Nyinahin or Pampana River concessions.
They also stated more analyzation in the third quarter of 2012.
Just trying to put things in perspective for the whiners.
SNEY has worked their plan and will continue to do so IMHO.
I'm in for the end game! GO SNEY
Well put ROX. . .also. . .
Do not be discouraged by the lack of revenues.
We will not see "any" revenues until the exploration
license is upgraded to a mining license. Get this
through your heads and be patient.
GO SNEY!!!!!!
OK mikey. . .here's the deal.
The Cash Flow statement is:
1) Required as part of the historical reporting
along with the Balance Sheet and Income statement.
2) Has nothing at all to do with future activities
Bali. . All it needs is "Q'd" up!!!!!!
Geeeez falon. . .That's nothing???
It's everything!!!!!! Thanks for
pointing out to LONG and havoc and
others the FACTS!!!! GO SNEY!!!!
THE FACT IS. .. .SNEY has done much over the
last twelve months. You choose not to do some
DD and realize the timing of events.
Take your spew over to the K__X board. Plenty
of your peers over there. GO SNEY!!!!!!!!!
I have 50k shares up for .0103. . .
Somebody buy 'um!!!!!!!!
I'm moving on. TIA
Agreed havoc. . .I think they have a bunch
stockpiled but can't and won't sell until
they are legally mining.
The exploration license was issued August 9, 2009
and will expire next month. Will they renew or apply
for the mining license which they are already qualified
for???????????
Meekster. . .and with all the "known" news
FB's IPO tanked. Go figure! GO SNEY!!!!!!
Well RMC. . .here's the link to refresh
everyone's memory.
www.sunergygold.com/AMS_License_Letter.pdf
Not trying to sound negative here, but. . .
dredges have been on site for over half of
last year. Just sayin'. GO SNEY!!!!!
Very disappointing. . .no revenues.
The ducks are gettin' in line ready for the march!!!!!!
Rocketman. . .Nice post!! Always enjoy
your candor and "Just the facts Ma'am" attitude.
GO SNEY!!! I got mine!!!!!!!
Semper Fi PFUNK!!!!!
Next they'll MAKE us buy SNEY. . .Geeeeezzzzz!