Hey Rox, Scooping up cheapies and draming big. I suspect we have just been handed a buying period and we will see the price fluctuate wildly over the next few weeks as we wait for that operations update. So, I have been skimming along trying to get the cheapies as they present themselves.
SNEY is finding themselves in a unique situation as a junior mining company straddling the realities of exploration and operations. We have the right people on the ground (Thanks Dredge for all you do!) and we have the right management team in place covering the planning and financing. Furthermore, SNEY's plan to use revenue to grow, is enabling them to self finance and acquire other weaker entities that either don't have the where with all to take advantage of what they have, or, have run on fumes for so long that they are exhausted and out of ideas.
We are making money and will be reinvesting it to grow exponentially. Look at the focus on relationship building in the target countries, look at the housing and power relationships we are building. That will pay dividends in the future as we begin to expand mining operations into those countries.
Are we growing as fast as the flippers would like? Probably not. But, the approach we are taking as long term ramifications. As I have said for the past five years, I am in it for the long haul. I think we will see strong progress this year and next with strong growth into the future. How high will this go and when is a mystery I am looking forward to watching unveil.
At this point, I am holding for at least 2016. I am hoping by then we have Ghana up and running as well as significant holdings/operations in Sierra Leone and Liberia. I expect we will have some of the housing projects completed and relationship building in Senegal. I suspect we will have two large operations in SL by then and perhaps a dominant role in Liberia. All good here.
JMHO, of course.
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