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we will see if they have figured out how to get their paperwork filed.
The question was "are you getting excited?" I will get excited when they finally get the paperwork filed and not until, cause so far they have not demonstrated that they can get current.
Well I did hear some drums earlier, but I was listening to Led Zepplin. :)
I actually thought they would have already released it if it was ready. And since I don't want to get into what a few means again, I will admit that the soonest I now expect to see it would be Monday.
I don't think they will be ready though, so no getting excited here.
Not when it comes to the reliabilty of other people.
Just being a realist though, they have yet to meet any of their due dates going at least as far back as last yr when they were going to get current, etc, etc.
I hope I am wrong and they have finally figured out how to get it done, but until they actually do it, don't see any reason to get excited.
Nope, I got a feeling we will see another delay on the Q being released and getting current.
Based on the history of the company I will believe they can get the paperwork done when it actually gets done.
woohoo, up a 120% already this morning, now instead of being down 99.43% I am only down 98.75%.
Damn there is a part of me that would really like to meet Mr. Luccunia or however you spell his name!
From the beginning of the discussion, the idea of a "blog" as it is being referred to, has been blown out of scope by a few. Both in scope of information and timeline something like that might possibly be implemented by SNEY.
Why it keeps coming up is still a mystery.
You very well could be right, I am not sure what the laws are in that regard for the SEC.
Guess we will know in a month or two..... three?
Q2 is due August 15th. It is highly ulikily that SNEY will get Q1 filed, change status and some material sold in that time frame to be shown on Q2. IMO
And the longer Q1 takes the less likily that becomes.
If EOM June would have happened... far more probable, but it didn't.
{shakes head at last line} and that was never the idea.
Akec, pretty much how I see it.
MC5, We won't see actual dollar figures showing offical revenue filed until Q3 is filed.
When Q1 is filed (if before Q2 due) we will get current. The company will get a mining liscense and offically become a "mining" company instead of an exploration company... I am guessing one can't sell what one is looking for, so no revenue.
Once offically a mining company, we will get some PR's about what they have stockpiled; exact break down per ton of each mineral/element.
We will probably also see something about selling to such and such for X of.
Then when Q3 is filed that will all be given to the SEC and we will see revenue vs cost = profit, etc, etc.
If they can get their dang paperwork done. :)
That's why they need to get current, so they can become a mining company instead of an exploration company. I am not sure if they can legally show much in the way of revenue as an exploration company.
So until we become a mining company we cant technicaly sell ore, no selling, no revenue; which is primarily why I think it won't show up "offically" until Q3.
I thought about that, and you are right we might see something, but I still think real numbers won't happen until Q3. I think the PR's will tell the story long before Q3 is released though.
If we even get to Q2 of course. :)
If Sney can produce the paperwork to get current; Q3 would be the soonest to expect revenue.
If you are trying to imply something keep guessing,
I am done with that thread, but to be honest I personally think a discussion about that was a far better topic for discussion than 30 posts saying one day closer, or tic toc, etc.
I guess we could continue to discuss whether or not sney managment will get the q1 filed before q2 is due, or whether we will see a repeat of 2011 in that regards.
But sure if ya'll find more enjoyment in listening for drums, be my guest.
BTW: I see pretty clearly what is at the end of the tunnel if management can get the paperwork filed, because despite the postering about what will happen once it happens, until it happens we are still a pink stock with a ce and a company with a history of not being able to come through on paperwork.
So though we may think we will be current soon (something Risk has been saying since at least Febuary), and we think the company will uplist after that, the simple fact of the matter is so far it aint happened and until it does it's all wishful thinking.
So you would tell Parent that the posting of videos and pictures to update shareholders on his website was a bad idea, and that they should be taken down unless released through marketwire first or some such?
My use of Dredge as an example was simply that, ie it can be done by those in the field in SL and Ghana, nothing more. Never claimed he had any obligation to anyone on this forum.
Nor have I or anyone else suggested it was something that should be implemented if found to be warrented before current.
It was an idea that the company has used in the past so to imply it would harm the company in some way kinda goes against what has already been demonstrated to work in some ways.
I will admit I am a little confused as to what is so hard to grasp about the mission of sney is. I would think anyone who has been invested for more than a month would have a pretty clear idea of what is going on around here, despite lack of information from Africa.
The only problem I see with sney at this point is their inability to file paperwork; which hopefully will be resolved before Q2 is due on 15 Aug.
I am sure it will be added later if they are able to produce, which I believe they will.
I guess my confusion as to why it is such an objectional idea is the example we already have: Dredge. Yes I know dredge doesn't work for sney, but despite being only a few miles away from the site in SL dredge has the ability to occassionally get on line and try to fill in some blanks. :)
Yesterday I used the example of when the rainy season ends. Instead of waiting to find out they are back on the dredges because the rains ended, I am a little confused as to why that would be a bad thing to post on their web site.
In my mind anyway, the idea never had to do with actual tonnage/mineral breakdown figures, etc. Heck for all I knew they could have posted about needing more bug spray cause they were being eaten alive by flys the size of an Ike dollar.
Primarily like I said before I was really taken back by the hostility I preceived at the idea and was left curious as to why it was dismissed out right, on what I thought was a discussion board about Sney and what they were doing and not doing, etc.
It makes me wonder what reaction would have materialised if the suggestion was presented by someone other than scuba. :)
I used to think that they would release it before "a few weeks" were up as well, thinking they put that in to cover their butts instead of setting a definitive date for release.
However, since then I have formed the opinion that they mean we will get it filed in a few weeks, being old math, a few means more than a couple; ie more than 2.
Since there track record indicates that they have a hard time filing on time, never mind early that would put the Q release no sooner than next Monday (3.5 trading days) the 23rd.
I will be amazed and very suprised to see it sooner, heck even Rocketman gave us a time frame yesterday of 3-7 days, which again puts us at Monday at the latest; which of course assumes they have mended their ways in regards to timely filings.
Since I am running low on posts I will address your earlier post:
That is an interesting take: greater possibility of releasing erronious info. However, I don't think scuba or myself or anyone else for that matter was implying we wanted a structured (daily/weekly)and or detailed accountng of what was going on, on site in either location.
Personally I can see a difference in a PR designed to generate interest to a wider audience and an update to shareholders posted on their website; kinda like they did with the video's and pictures.
After all it's not like they sent the video's out in a pr designed to generate intrest to anyone other than those already interested in sney.
I think I was more suprised at the out right hostility the idea generated than anything else, it took a few posts but it finally came out that the idea was dismissed outright, not on the merits of reason, but because of the poster that brought up the idea.
If you could answer the question then you might understand where mikey got the July 23rd date from.
You go ahead and put me on ignore, it's just as effective a discussion tool as telling those you disagree with to sell as your only response.
instead of trying the bait and switch, why not just answer the question?
Did the company not state in the K that the Q would be released in a few weeks?
I will ask again, what does a few mean?
So you don't know what the word "few" means?
Are you suggesting that it means something else to SNEY mngmt than it does to the rest of the English speaking world?
I asked you what a "few" means to you, sorry that is such a hard question.
You are right Risk, you didn't use the word "can't".
LOL
also it was post 66824 not 23 sorry about that.
and a few means what exactly? Does it equate to 2, 3, 5, 10?
If we take the release date of the K which was Monday 2 July 2012 and we plug in a number that you think equates to a few, what date do you come up with?
I was taught a few is equal to 3-4, so if we take and add 3 weeks to the 2 July date we come up with 23 July as the soonest date in which SNEY claims to be releasing the Q1. Which by the way is next Monday, 3 weeks after the release of K.
Not sure why that is so hard to comprehend..... what now you going to tell me to hit the sell button? Seems to be your answer to everything.
not that I am answering for mike, but Risk you posted it to me yesterday, right before you said you were done discussing it, and that you could be found in the other place until current.
in post 66823
I hope you are right and we will see the pps climb benefiting all who have waited patiently.
Though there are other subjects to discuss, I am confused why this one can't be openly discussed without vitriol directed at whoever brings up a valid idea. I am not sure about others, but I have the God given ability to have an idea/thought/opinion on more than one subject at a time, heck I can generally play devils advocate on most subjects I find interesting.
I am enthustic as well, which is why I stop by and see if anything has changed, because I think we are extremely close to hearing something.
You made a comment that I couldn't respond to yesterday about who I was being surrounded by; Personally I don't see it that way, I can disagree with someone on many topics and still find something they bring up to be a valid point worthy of discussion.
I never hung with a clique back in high school and I don't limit myself to one clique 30 + yrs later. :)
You are right, they didn't give a definitive date for when it would be released, but in the K released on Monday 2 July they gave a time frame of a few weeks. If a few = 3-4 then the soonest we would expect to see the Q would be Monday 23 July.
Granted that is going on the assumption that they have figured out how to get their paperwork filed on time without further delays. If history is repeated then we probably wont see it until early August.
Following a suggestion made by someone who has zero respect
on this
board, minimizes the credibility of your posts, and as you
said,
you have been following the board for over a year I would think
you'd
know this by now.
Wow, it sure did take a wiley route to get to the answer to the orginal question; so it was the messanger and not the message.
It would have been a lot less contentious conversation if someone would have been that up front when I first asked.
If I based all my decisions on history only, I would have pulled out of this stock a long time ago. Just cause I don't agree with everything someone has posted doesn't mean I won't consider their ideas.
Historically speaking only as an example; exactly when has SNEY met a paperwork deadline? Yeah we believe they will be current in the next 7-10 days (earlier you said 3-7 days, oh well), but if we went only on history instead of belief, well you get the idea.
I am with you, don't understand the hostility directed at the suggestion.
It's not like those dredging videos were sent to Business Weekly.
Have a good time.
LOL, in my mind, my little investment doesn't warrent my desire to pick up the phone and call. Didn't mean to imply it had anything to do with Parent.
actually my main point was out right curiousity at why the suggestion that scuba made was met with such open hostility and no attempt at even discussing it... on what I thought was a discussion board.
appeased, apraised, whatever word you want to use. As Risk pointed out SNEY is a public traded company, which in theory is responsible to it's shareholders, odd why shareholders would be interested in being appraised of what is going on in the company.
I didn't think my opinion of how routinely late sney is in getting their paperwork filed would make a difference either, so what, is this not a disscussion board about sney?
When someone types in all caps when making a point, I am of the opinion they are trying to stress something, and I took it as such.
Same place. :)
I am not afraid of the boogie man, just heard about the little episode this morning off the coast of Dubia, and thought of you.
That whole region is a powder keg just waiting for the right spark, and with the US presence in UAE, I wouldn't speculate that it wouldn't be subject to an attack or two if hostilities break out.
I will agree, that when SNEY breaks out you will be a full time beach bum!
I take very little on the internet personally, and I may be ignorant of why this would be a bad idea.
I am not sure if it would be a big cost or waste of manpower in the future. Again, I will reitterate I agree that at this time it would be a waste of time and energy.
However after we are current; as an example since we are now in the rainy season and production is probably at a standstill, come say late Sept, or early Oct Parent or one of his serugates in SL or Ghana posts a message about how production is back up and running or has been for so many days/weeks. Also not sure why it would create problems, what problems have arisen from Dredge posting his ideas/thoughts/comments?
Also not sure how that would cause his phone to ring more. There is at least 430 people following this company through Ihub, I know there have been times when I have thought of calling Steve Parent and asking questions, but didn't think I would get anymore of an answer then I was getting from this forum.
Maybe we are talking about 2 differnt Dubai's; I am talking about the one that is a part of the UAE. A little north of the straights of hormuz..... maybe you dont follow the news. :)
Yes they are close, hopefully they will meet thier deadlines this time. I am ready to quit my job and head into the woods myself. If this comes in on the low side of my estimates I am getting out of the Seattle area!
In the first post I made on this topic I agreed that at this time the idea was meaningless, my question was why not after we are current and uplisted.
It's not something I would expect to happen overnight even if it was something SNEY started doing.
I guess, I thought this was a discussion board; one dedicated to the discussion of the ticker symbol SNEY, in which the company was discussed, including but not limited to ideas from shareholders about what the company might do in the future to appease shareholder concerns.
I guess I was suprised to see an idea that has been routinely demonstrated to work on this very forum, shot down so quickly and with such venom kinda suprised me, which is why I was curious if it was the idea, or the messenger which brought on the reaction.
The Compamy posting anything other than thru PR will not and should not happen. This entire idea is obsurd.
Maybe I am just too ignorant about this, but why would it be an obsurd idea once the company is current, and uplisted?
I am not talking about specific details, such as tonnage and content. I personally find merit at some level with the idea, what the difference between that and Risk telling everyone to pick up a phone and call Parent for DD?
I think if I was Parent I wouldn't want my phone ringing off the hook from shareholders curious about what was going on all the time.
Yes SNEY is a publically traded company; in theroy responsible to it's share holders, of which I am one, granted a minor one.
I think you are again missing the point. A person working in the same region, doing the same type of work, and working for a different company has the ability to post on a public forum and discuss with a group of shareholders the region, the industry and projections of a company he is not affiliated with.
Yet for some reason we are to believe that it is not within the ability of the company to get on line and say hey, the rainy season has started and it will impact operations for aprox so long, or whatever.
Damn that's kinda funny, I thought you had more faith in the ability of the company.
Q1 won't be out until Monday at the earliest, that is 3 weeks from K and a few weeks was the projected timeline from the K. (IMO)
I personally will be really suprised if it is released before Monday the 23rd, Sney just doesn't doing things early, might set a bad precident.
I am curious why so dismissive and condenscending about the idea?
I don't think disagree that at this point it is kinda worthless, but once current I am curious why that couldn't be done? It's not like they have to be live or anything, and as scuba points out, dredge seems to have the ability to come on line and discuss in limited detail what he is doing and what he thinks, etc about the same region.
Are you suggesting either that the sney team is inadequate to the task of using a pc; or are you suggesting dredge just has more free time than the sney team?
Just curious why the idea seems to attract such negativity..... or is it the messanger?
BD, I don't have pm on this forum so I can't respond.
The 3 I mentioned are just off the top of my head, there are others. That doesn't account for the potential of getting better either, which is an even greater number if they enact smart national policy.
You are correct, Poland does run the risk of a re emerging Russia, and a leadership who hasn't forgotten what they once were, but China and Russia don't really like each other so who knows what will happen in that neck of the woods when China decides it wants the vast mineral wealth of Siberia.
Though Germany is currently the economic powerhouse of western europe (kinda funny if you ask me, 70 yrs later and once again there they are) what many forget is one of the nations the US has supported economically is Germany, whether with direct cash or just in defending them with our military, it all has a cost on we the US taxpayer.
I only hope (for any chance of a future for this nation) that when the sheet does happen that the other problem areas of the world go with us; ie India and Pakistan, China civil war, former Soviet block countries standing up to Russia, etc.
Cause if we collapse into turmoil and China doesn't we will be royally screwed. IMO
I remember you had sold everything, I thought for a good loss. Then you bought back in.
but even now at .03, and we sit at .005, sorry to say you should have stayed away.
here's hoping the aholes will prove us wrong.