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Re: StockHobit post# 13611

Wednesday, 02/09/2011 4:39:20 PM

Wednesday, February 09, 2011 4:39:20 PM

Post# of 101798
Alan is the man to have on our site. He has 30+ years. Also, are you aware that Alan, himself, said that our assays from our Pampana River property are the best he has seen in 15 years. Our extraction process is unorthodox from most exploration/mining companies and much more profitable for SNEY since we don't need to JV with another entity and split profits. It's akin to hiring a lawyer and paying him a straight out lump sum and nothing more compared to a contingency pay scale hence sharing a 50/50, 60/40, 70/30....split in the profits. If results are great, I'm sure we all wouldn't mind giving Alan a little bonus. Also the dredges become a valuable asset for future plans Sunergy may have. From an accounting point of view cash goes down for purchasing dredges and company assets are increased. It looks like cash well spent in my opinion
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