RESPONSE thanks for the feedback folks both positive and negative...we all need to remember that each poster has their own motives for posting weather buying or selling...my point and struggle as mod of the SNEY board is if the guy who bought at .01 knows that production is going full steam and we are stockpiling black sands in bulk by the ton via email correspondence...yet the guy who bought in at .025 has no clue whats going on production wise it creates a barrier amongst shareholders within the same holding company...surely insiders know things ahead of time but we are in the same boat together and the majority stand behind and believe in SNEY...so I have decided to post excerpts from one of the emails I received...just so we all know
Can't tell you exactly how many tons of blk sands we have, as some are stored at the site, others at our house in the village of Masanga, and of course in our compound in Magbuaka. We will certainly have plenty of work in processing all stockpiled blk sands. AMS is the process of sourcing the appropriate separation equipment to process the material.
We removed the top sluice so as to be able to transfer the blk sand more quickly from dredge to barge to holding pond on shore. We are proceeding methodically on two separate avenues. The First dredge is to exploit the known areas of interest, those which offer the least amount of overburden and at the same time show promise of other values. The second dredge is being used for a rapid prospection program.
those black sands (concentrates) will produce income for the company. When we harvest the black sands, we typically leave the free gold (the visible gold when further concentrated) in it. The reason is because if we stopped to clean the sluice for the free gold, it would slow down our production of the black sand considerably.
The processing equipment will remove the free gold, and the magnetics. Normally, the magnetics account for 30% of the black sands, which have little value compared to the other elements.
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