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Re: havocjohn post# 26473

Wednesday, 05/04/2011 6:06:04 AM

Wednesday, May 04, 2011 6:06:04 AM

Post# of 101798
You’re correct, you can go to bed in 100% stability and wake up in 100% chaos! SL looks to be fully focused on getting their country back on its feet and that go’s a long way for companies willing to bring in technology and expertise. If SNEY can get through any unexpected problems during the initial startup phase without any catastrophic train wreaks and the country’s stability maintains status quo they should have a reasonably stable foundation to work from. With this the company should be able to weather certain levels of internal upheaval within the country short term. Regardless of the leader in power they will not want to jeopardize their revenue generation mechanism within the country.

Granted this area has a proven track record for explosive volatility but there aren’t many safe haven areas left Globally with that high risk vs. reward ratio where small upstart companies can roll the dice. That’s what makes SNEY so intriguing; they claimed to have started initial production on their SL project and hold mining concessions in Ghana surrounded by proven leases currently operational. The risk vs. reward investing at this point is worth the gamble, with all the hype generated in the last few weeks the right positive PR will send it up quickly.

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