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Re: Bali post# 57402

Friday, 03/16/2012 12:33:39 PM

Friday, March 16, 2012 12:33:39 PM

Post# of 101798
No offense, but I thought THIS week was supposed to rock in SNEY land. Next week will likely be more of the same. "Soon", "Almost", and "Next week" don't cut it.

The auditing process has slowed the filings down exponentially more than anyone expected in the past, and I expect the same to be true now.

In December we only had 3 filings to get current. Now we have 2 filings to get current. At that rate, I stand by my original guess that we may see one Q in the next 3-4 weeks, but we won't be current until July or August.

Plus, if the rumors are true, and we're STILL stockpiling material then I doubt there's any revenue. No revenue = more dilution.

In order to deserve a $10M market cap, we need to be producing about 2500oz of gold a year. But at this point, I would be happy to see 25 oz!
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