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Re: stervc post# 12841

Saturday, 01/22/2011 12:40:52 PM

Saturday, January 22, 2011 12:40:52 PM

Post# of 101798
Stervc, my thoughts on SNEY are as follows...

Since the dredges will take a minimum of 30 days from the time shipping (estimated to be on Jan 18) that puts arrival around Feb 18. This of course if everything goes smoothly. Next, the dredges need to be transported to the potential mining site and since I hear there are no conventional roads, add another week or two, assembly 1 to 2 weeks...production 1 - 2 weeks...if my timelines are close, that puts a Production PR by Mid to late March.

If that is so, I don't see much price appreciation until maybe a week or two before a rumored production PR. Yes, there is the CE removal and possible OTCBB listing, which may see a slight bump in price, but not much.

I do see this as a great penny stock to invest in...but it may take some time. What do you think of my thoughts?
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