InvestorsHub Logo
Followers 90
Posts 3901
Boards Moderated 0
Alias Born 12/22/2010

Re: BigGreen101 post# 29763

Friday, 05/20/2011 9:55:34 AM

Friday, May 20, 2011 9:55:34 AM

Post# of 101798
No insult intended Big, but really you're whining to the wrong bunch. I got my daughter into this stock at 0.023 so she's sitting on a 30% loss as well. But she ain't whining and complaining. If she thinks she guessed wrong, she'll sell and go somewhere else. Maybe you should cut your losses and do the same. Either you've done your due diligence or not. And checking with a TA don't mean squat. You obviously have not worked in the industries like Dredge and a few others. Dredge is very informative, but is also very polite. He doesn't exactly spell it out about how it really is done.

Here in the real world, there are schemers, dreamers and doers. Your DD should have gotten you to the stage where you believe SNEY is a doer by now. If not, and if you just got in while it was hot to trot to take an advantage of an uptick, you just guessed wrong. If you believe that SNEY is a doer, you should no it does not care one damn bit about appeasing or assuaging yours or my concerns.

I've been drilling oil wells for around 25 years and I always had to go to investors to get the money. I didn't care who they were just as long as they forked over the money. Then I drilled. And they whined and they second guessed me and they whined and they third guessed me, and they whined and they pressed for information that was not available. The point is they press and they press and when a person is pressed enough he'll often say things like I will have information for you in a couple of days when he knows damned well it won't be there because he is operating a company. He really doesn't care about the needs of the investor. All he wants is his money so that he can operate, ie., mine, drill, process, manufacture, whaever. If it is successful and the well comes in, then money is being made and the investor is happy. That makes me happy because I can go to that investor on my next well and we can make more money. And if I am successful at making more money more often than not, the investors keep up with me. If I lose, I have to look for more investors to keep going. And if you have been in the business as long as I have, you will have burned some investors and lost your shirt more than once. And you will have made some money too. The point? The point is if you develop a reputation for being honest, doing your due dilligence, and working to make money, it doesn't matter if you win or lose. Your investors will not be able to say you didn't do all that you can do.

Transparency? Mass approval from posters does not give or take away transparency. That develops over time. Risk was spot on about how this company has gone since late 2010 when it got the CE, when there were no dredges, when the operations were going to be started in January, but the dredges didn't get there until mid-March, when filings didn't get done, etc. Just like a well that is underfinanced, problematical, subject to snow storms in Idaho, ocean voyages, things do take longer, much longer, and investors with too much money and time on their hands like to cuddle like hens and henpeck at each other and build up fantasies about how the company is scamming them while its directors sit on their terraces in Sierra Leon overlooking the river drinking Jack and living off of the float.

You are caught up in the technicals of trading shares, filing financials, and SNEY is caught up in mining. When they have to file, they will. Or when they have time. Sorry to harangue and preach, but believe me, SNEY owes us nothing but to do their best to get the gold, REEs and diamonds out and to market at the best price available.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.