For those who are truly LONG and have done their DD, the vagaries of the market shouldn't be worrisome because we know the histroy of what is happening now. SNEY is working on dredging. It is operating right now. When we real LONGS got in, it was talking about getting the dredges in from the US and the PPS was about where it is now. There were no filings, but there was empirical evidence that there was riches in the river that were exploitable. The assays are real, and the company is doing what it can to exploit them. As it is a Jr. Mining Company, it is limited by its shoestring budget, but it is still in the production stage. A lot of what it is doing is prospecting, and removing overburden and finally dredging product. That is what it is concentrating on.
We the investors are concentrating on what we are: day traders, pumpers and dumpers, strategists, tacticians, money movers, financial analists, paper pushers and money counters. In short, we are the psychology of the market place and we do what we can to improve our condition. Right now a lot are moaning about not selling at .026 or .018 and a lot of us are wondering if we buy now or wait until it goes to .009. We're losing sight of the fact taht this company is moving slowly and methodically and only our fears are driving us.
I have one advice. If you don't have money to lose, get out. It may fall even further. But this company is way far off better today than it was even two months ago or when it was at 0.026. Nothing has changed but the news and you know what they say about news. But if you have money to risk, why not here? Even if it gets to .009, unless there is a total collapse (always a possibility), this company can only fly. And what are we if not river boat gamblers with a good hand? Hawk should change his name to pigeon, and Chloe, well a girl's name is good for that marine. Anyone who gets a kick out of watching real people suffer through worry are a bit sick.
This play is a lot of fun. Nothing like betting on the payout. Especially when you are not in control and don't have knowledge about what is really happening. Betting on faith coupled with DD is what it is about. Am I worried? You bet. Don't like to lose. Will I sell? I like my DD and I bought into this company when it was a lot less than it is. I know what it is alike to keep going when all common sense says stop and then the money literally flows in.
SNEY is not worried that the value of its company has lost almost 50%. It knows what its real assets are, and it is borrowing to get more of them. I've done the same. Always with geological information in hand. They have the geology, the equipment and the expertise. It will grow IMHO
