Sunergy, Inc. (fka SNEY)

[daggfish]

April 7th One of the dredges is deployed in the river as of yesterday. We spent most of today moving it upstream to an area we have tested that shows great promise. We than spent several hours fine tuning the dredge and searching areas underwater with the least amount of overburden. We are set to begin the production phase tomorrow. In the three years that I have been here, exploration dredging, open pit testing, sampling and testing, I have never been more excited than I am now. I don't want to get into the numbers game just yet, would rather deal in actual figures. We will ramp up production fairly quickly, roughly 20 hrs per day, with 4 hours down for sluice cleanup, fueling, and any repairs. Once dredge number one is going at full capacity, we will launch dredge number two, than three. While it's true that we got a late start to this season, the reasons were beyond our control, (winter storms in the U.S. and a dock strike in S.L.) we have some ideas that may enable us to work well into the rainy season. We have many challenges working here, heat, finding skilled divers, fuel shortages etc., but we have very good relationships with all the villages on our concession and they all help us to succeed in our efforts, because they know that Allied is a company they can trust and depend on. I suspect that you will see a PR shortly to detail what we are doing. Steve Parent does a good job of making sure that the information released is tempered with reasonable expectations. Thank you for your support support of our company. Dale
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