Sunergy, Inc. (fka SNEY)

[falon]

The bottom line for SNEY is Gold, GOld, GOLd, GOLD.

“I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend.”

Martin Zweig

All the earlier reports were about the Gold and a minor mention of diamonds.

The focus is to get the Gold out the river, flanks and terraces.

The REES present and added value came at a later time and may surpass the value of the gold.

We wait for further information from the company.


The company has an EXECUTIVE BRIEFING that is in essence it's business plan which they have executed quite nicely.

http://sunergygold.com/sney_executive_briefing.pdf

There have been some bumps in the road especially the SEC filings. They got a late start so the didn't hit the intended processing numbers.



1. The company said what they are going to do (EXECUTIVE BRIEFING)

2. They are doing it (executing the business plan)

3. They Reported what they have done (PRs, SEC filings)




From SUNERGY EXECUTIVE BRIEFING
(dated November 23, 2010)
http://www.sunergygold.com/index.php



Cash required to fund the initial bulk sampling, testing, initial mining and 43-­-101 Property Evaluation For each project:

$2,643,000


Funds Will be used to accomplish the following:


1. Expand Bulk sampling and mining for immediate cash flow

2. Secure Additional adjacent properties (holdings expansion)

3. Commission 43-­-101 (JORC) Compliant technical report on alluvial and hard rock reserves

4. Complete Bankable feasibility study


PROJECT
TIMING

Land Mining Equipment For set-­-up February 2011

Commence 300 Tons per day processing by March 2011

Achieve 600 Tons per day processing by August 2011

Cash Flow from bulk sampling within three months of landing equipment



Full Production mining can commence as early as March 2011 When production volume should reach approximately 300 Tons per hour for each operation. This Should produce an annual gross return (‘au’ @ $1,000 Per ounce) of $10,000,000 To $15,000,000 Per project. Production Should ramp up to 600 Tph in each case within the first 6 months.

Sunergy Has several former producing mines and numerous Artisan Pits along the Offin River Which will be worked for the 60+% Of the gold left behind by the Artisans. With The Sierra Leone Acquisition moving into production, the combined operation will begin in Quarter 1 Of 2011 At an initial rate of 2,000 – 3,000 Ounces per month stabilizing @ 3,000/month Over quarter 3 And 4 For the first year. Once stabilized, the Company Will add 1 gravity/wash plant during Quarter 3 And 4 In each of the next two years increasing production by 36,000 Ounces per year for each operation. The Company Anticipates growing annual production to over 100,000 oz/year which results in projected earnings of $20,000,000 -­- $30,000,000 Per year using $1,000/ oz. gold price.

The management team including the Directors and Advisory board members have more than 125 years of mining industry experience with junior and mid-tier companies involved in exploration, development and production of precious metals. We are in the process of expanding our Board to ( between 5 to 7) to include Allied’s Management and have an Audit committee in place comprising of outside independent directors. he team consists of:

Bryan Miller, President and Director of Sunergy, Inc and CEO, Director of Allied Mining

Mr. Miller, co-founder and CEO of Allied Mining & Supply (AMS), has spent the last 20 years as a business consultant and executive director in the media, renewable energy and resource industries. His particular expertise is in corporate development, deal structure and project management. During his time as CEO of AMS, Mr. Miller has overseen the growth of the company from a newcomer in mineral exploration in West Africa to one hailed as a "Giant" and "Model of a mining company" according to local press. He has identified several areas of significant potential growth in Sierra Leone involving minerals prospecting and exploration, agriculture and distributed power generation. Mr. Miller has taken the lead on the AMS community development programs in the communities in which the Company has operational interests.

Dale Bourassa, President, Director - Allied Mining

Mr. Bourassa is co-founder and serves as President of Allied Mining & Supply. Mr. Bourassa has over 20 years of experience in the electric and solar contracting industry and is a long-time Napa resident. Mr. Bourassa has owned and operated a number of businesses over the years and has extensive background in all phases of business start up, operations, and finance. More recently he was directly responsible for the Allied Mining & Supply sampling program operations in Sierra Leone which resulted in the discovery of several substantial areas of Rare Earth Element (REE) mineralization within the AMS concession along the Pampana River.

Tayyib Bah, Country Supervisor, Director

Mr. Bah is a native Sierra Leonian having returned to his homeland from England in 2007, to assist in the reconstruction of the country. Mr. Bah rose to the rank of Chief Inspector, Northern Provinces during his career in the Sierra Leone Police Force. In his youth he worked in all phases of diamond mining with several major mining companies. His considerable relationships at the local and national level as well as his high standing and enthusiastic efforts towards the economic development of Sierra Leone are without parallel.

Wilfred Ullrich, Operations Manager

Mr. Ullrich designed and built Keene Engineering's first portable 8" dredge in 1983 and performed worldwide consulting with Keene. He has been involved in mining in a consulting and dredging operations capacity in the western United States, Alaska, Mexico, Australia as well as open pit and dredging in Guinea, Sierra Leone, Ivory Coast and Congo (DRC). He has mined alluvial gold and diamonds, gem stones and rare earth metals throughout West Africa. He also designed and built the first African dredge for A-1 Diamond Co., Congo in 2001, and has been active in operations in Tanzania, Mali and Sierra Leone from 2003 to present time.

P.K. Rana Medhi, Chairman of The Board, Director

Over 40 years of experience in the mining industry; including 28 years with Cyprus Amax Minerals
Registered Mining and Engineering Geologist working as an Independent Consultant
Past Chairman of the Board of Governors of the Arizona Department of Mines and Mineral Resources..

Robert A. Levich, CPG, PG, EurGeol, FSEG, FSGA, Director

31 years with US Department of Energy (DOE)-headed up famous Yucca Mountain Project
Now resides in Ghana with wife which offers hands on management of Company projects
Enjoys substantial business and geological contacts in Ghana.

Stephen B. Parent, Advisory Board Member

Over 30 years of experience in the mining industry with 2 mines put into production.
Managed the exploration, development and production of junior public mining companies.
Founder of General Metals Corporation currently putting gold and silver mine in production.

Paul Haber, Advisory Board Member

Strategic Advisor
Financed turn around for gold company with well known equity fund.
More than 10 years business financing and investment management experience.
Quoted in Barron's, The Wall Street Journal and TheStreet.com.

Ne Ne Agbonoo Abasi III, Advisory Board Member

Regional Chief of Royal Kabiawertsu Divisional Council of Ada in the greater Accra District
Educated in Ghana, Gambia and UK receiving the ACCA degree in accounting.
More than 10 years in alluvial gold mining in Ghana with local business connections.

Kerry Bjornson, Advisory Board Member

20 years of experience in the mining industry.
Contract Mine construction in US for gold, silver and copper.
Chief Executive Officer, Gold Canyon Mining and Construction.