Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Begs, the question how do you define a true long? One that stays for 6,12,24,36,48 months or for a lifetime? I have become a true long by staying too long in a stock I should have sold in the past. I might have been considered a true long, but a broke one versus a well off one. You have to have an idea when you will depart and what the potential is for the price. At this point I have no clue what that is. I know what I'd hope to see as a minimum, but not sure of the potential in 12,24 months or longer. It is up to mgt. to show their cards eventually so we get a better idea versus speculation what could be.
Sure someone wants to keep it in a range. They way I look at this is we have according to earlier reports upwards of 500,000 ounces of gold and after purity and cost we net $1400 an ounce that is 700 million dollars. On top of that we have REE at some unknown amount and other material, but just looking at the gold only we are worth much more that .01!
Expect Gold to back off some since they increase margin requirements by 22%. Will be temporary as long as continue on the same path. Ready to see some numbers!
I guess I was naive also. I believed all the BS about getting those free shares and bought hand over fist to get nothing. IMHO this is a criminal act to induce purchase of KATX to get BVIG. Ken better come up with the shares and soon!
Art certain people do not care about the facts unless they further their goal to move price. We know even if they are not dredging now they are working on processing as was plan. The only question is how much gold and Ree do we have at this point. NIce to see gold up $350 an ounce since I came on board so our investment grows daily.
I just hope we get some big news soon and this does not drag into year end when tax selling starts and many of us are down more. This has to move within the next 30-60 days max or investor confidence IMHO will be tested and therefore the stock. I just hope their plans in no way get delayed. Let's Get'r Done!
just wish I knew how undervalued we were. I'm sure some with SNEY have a good idea.
Spot gold 1777. http://www.kitco.com/charts/livegold.html
Seems it could hit $1800 this week. As long as Congress delays and denies reality Gold IMHO will continue up. It just might take an election since no one seems to want to upset the masses and the senior voting block. Well, there is no lock box and not enough young folks to continue the grand ponzi scheme. You will retire later, be means tested, and not get those COLA increases. Just wait until 85 year olds start rioting. Now that could be amusing at least.
I kind of doubt they tell us who the buyers are unless the buyers allow disclosure. As for cash it would seem with the options they sold along with how much gold we most likely have at this point funds should not be a problem with the limited operation they have so far. I suspect they will ramp up as the options shares cash and revenues increase. I agree I'd love to know more about the values of what we have. One would think since they are operating now we are told by some posters that they have collected quite a few ounces of gold and other goodies.
Sure would be nice to have the Fins. and reserve #'s come out this month! Time to strike is while gold is way up.
Nothing recently but back in March. Seemed it was just a matter of a small amount of time and not 5 months and waiting. Sorry, I have a problem believing anything supplied by Ken until it is actually done. No results from RR completion 8 months plus later. Ken has not proven to be an honest person and has shown a disdain for his shareholders.
Yes, I'd sell my 144K shares to you if I had them. Sad, that Ken lied to us.
Not denying you are stating what you were told and greatly appreciate it. I do reserve the righ to be suspect of Parent who misled us in the past. I hope he redeems himself and does no further damage to the stock price. AS for 6 weeks I can wait as I've held out this long down!
Thanks and hope you are right, but I'll believe it when I see it as they have to earn trust after the promisies broken on getting the fin. done as previously report. Like Reagan said trust but verify. Still holding and watching as the grass grows.
Market down 374 and with the dollar up commodities going down. A real ugly day.
Good if Coiachum was going to call me a flipper I'd call him a toxic financier. LOL Yes, I'm frustrated as hell and getting very impatient and Mgt. is not helping. There I had my say for today. Back to work!
Are you calling me a flipper? My average is .0185. I'm down and a bit pissed at the poor follow through and communication. Since you are well under the current price and can flip out for gains your POV might be a bit different than mine. I'm in for the long haul, but it does not mean I have to like how they are doing things. I do think that if you are going to be a public company you do need to carefully consider what you say and how you deliver it. I want this to build into a trusted company and not be seen as just another pinky scam. It is up to them to make sure that does not happen as people judge both words and actions. So far, they are not doing a good job and the price is reflecting it.
What did they expect after that PR? Another wait and see and trust me type PR. I told Parent to expect this and that people would not be happy. This PR might have worked a few months ago, but after telling us it would be done in a few days it rings hollow don't you think?
That is the inherent problem with boards. While you have folks that are honest and wish to provide valuable information there are others with agendas trying to either bash or pump a stock to just make a trade and a few dollars. Pretty easy to tell after seeing these same posters of different boards. It is all a game of positioning for a trade and you can tell when they are in or out by their post. I guess it is the price of freedom and at the same time a sad state as to the morals of some posters. Thanks for your post. Getting ready to head out to see my 3rd granddaughter being born Monday. Now that is what is really important! Well, to me at least.
I can tell you when he will predict that SNEY goes up. It is pretty simple. After he and his cronies have walked and bash this as low as they can get it and have got their fill of shares the Charts will amazingly turn positive and SNEY will be a buy. It will have nothing to do with news since he can alsways deny it is real.
THey are just here because they care so much for us and feel it is their duty to take our shares away from us at a discount and they are such good people they will sell them back to us at a higher price. Yes, with friends like these who needs enemies?
Not to mention that Ken made the deal with the 'investors' and the timing of the removal of HC to BVIG to corespond to them dumping. .25 to .01 to me and most people with any sense would call this a pump and dump. Thisis the second time for this in the co. short history and we are to just say that Ken is a poor businessman? Sorry, the smell is to strong here to say it is anything but a scam. An honest CEO would not set up his shareholders to get dumped on.
Yes and who has Ree? We have your Ree!
Because his buy is set at .05 or .06 or both. This from the same guy who was in that other stock at .18. Gee, I hope he got out before the mini P&D imploded. Just like TR he's a trader and looking for bargians to flip. Mystery solved. SSDD
They will process it to get the remaining gold out. From there they sell the further refined black sands saving time and money for the final processor and end user. But hey you knew that because you did your DD right?
That would assume you had dry powder to average down. Some do not and no real keen on the take down especially when player dump before you get anywhere close to BE and never allow it out of a hole. Being a bagholders sucks. Fact! Believe me, if I thought this was not the real deal I would have sold a long time ago and just taken the hit. I do hope that they get us some blow out news to shut up certain people and they go back in the hole they came from. Getting real sick of the basher group and their constant droning and manipulation. It is obviously organized.
Just part of the mini pump and dump. These guys that pump this sold out and bought back cheap. They know this dog is dead. There is little money and seems at this late date no drilling or work being done in 2010. I'm sure they are hoping another toxic investor or some 'friends' will float them money for deeply discounted shares so work on phase 2 at least can be done and another P&D done for #3. They are just hoping people will forgive and forget or move on. During these times with no news they buy around .01 and hold it there and then tease news and some people actually fall for it and then they dump. That toothless guy had tons at .18 and was hoping to get out as he bought back too soon. At this point the few remaining longs are so much in denial that nothing besides Ken going to jail and the copany being shut down will convince them this was a scam. Either that or they were and continue to be part of it. It is either stupidity or they are crooks. JMHO
Well, maybe all the weak hands and profit takers will soon be gone and we can head back up. Some news would be appreciated as to what's going happening. Just hanging in there and wiating for the big bang!
Sorry, I cannot post what I want about that comment or else I'll be banned for life. BTW- She was real good the first time!
While down pretty hard on this and no dry powder I still feel pretty good about our prospect. Not so good about my timing and the walk down, but who has a crystal ball as to timing of news and when it takes off? Can't wait to see what happens when the numbers and Fins. and CE comes off. Maybe we see .20 like TR said before he dumped.
Yes, like that one they pump up every few weeks with supposed news that never arrives with silent Ken as the CEO- LOL Then they sell it off. Our toothless friend that warns us, along with many other hang over there. It is all just a play for them which is fine if they could just be honest about it and not play games, but they can't. It is almost like I'm listening to Obama and the doublespeak all day with those guys.
Funny how easy it is to tell the traders from the investors. I could understand the bashing if Management stayed silent for 6 months and the stock dropped from .24 to .01, but the bashing to get a tenth of a penny has been insane.
Not asking you to read but to put it in context. They are talking about mining and crushing and grinding down the rock. Nature has already done that for us. All we need to do is collect the black snads and then use the machinery to further sort the material for sale.
Well, we do skip some of that process being all are black sands are crushed already and the new machine will further separate the elements.
Funny Hawksfan.
Gee- it sure looks that way to me? How about you?
http://www.sunergygold.com/
There's the video proof. Now if you wish to go there and see for yourself be my guest, but you pay for it.
Well, believe the PR's on the amount of black sands they have and are collecting or not. All your choice. If you never believe anything then you should never buy anything unless you are 100% sure. Heck, you cannot believe everything you hear on any board or any company so I guess you should never buy a stock. You believe what you want to and place your money on that and live with the outcome good or bad.
assuming, hope, etc. Look none of us know exactly what is in the ground until they supply numbers. We do know there is plenty of gold there to be found and they are working on collecting black sands and most liekly producing as we speak. There is certain amounts of risk you assume when buying a pinky and hopefully we all realize that buy now. I do after our shared last experience if you cat my drift.
So you are dating TR? LOL At least we know your motive also now. Me, I see potential and can wait until we hit my target price. Assuming production is as good as many expect that should not take more than 6-12 months.
Well, at least they do supply a PR more than once in every 6 months that tells you more than we will start communicating with you. You will never have all the transparency yu want with a pink stock, otherwise they would more than likely not be a pink. You are buyng for the potential. We do know there is gold there and soon we will see how much. Until then we wait. You want proof then wait or just raise doubt like some to trade off of.