InvestorsHub Logo
Followers 129
Posts 3809
Boards Moderated 0
Alias Born 07/12/2003

Re: None

Friday, 08/17/2012 2:10:28 PM

Friday, August 17, 2012 2:10:28 PM

Post# of 101798
Show me the Money!

"Progress always involves risk. You can't steal 2nd base and keep your foot on 1st."
- Fred Wilcox



SNEY (Allied Mining and Supply Ltd.) has been very consistent in their actions. They have been ambitious in their endeavors, focused on their goals, regularly late however they always deliver.

There have been over fifteen (15) press releases concerning SEC filings since April 2010 when we failed to file the 2009 10K. We are one filing away from being current.

Will SNEY deliver that last filing?

Yes they did and they delivered the 2nd quarter 10Q early.


What will drive the stock price after all is said and done is what SNEY is able to generate via cash flow with all the black sands they have stock-piled.

Below is a compilation from SNEY documents from 2009 to present primarily concerning our cash flow.


I want SNEY to SHOW ME THE MONEY

2009

Source Document:

http://www.alliedminingandsupply.com/pdf_files/JointVentureOpportunities.pdf

Operations:
Three months operating expenses required (four operations personnel, two consultants for up to 45 days, eight divers, three supervisors, ten miners, 30-45 days of prospecting and river mapping) at which point operations are to be funded through cash flows.

Source Document:

http://www.alliedminingandsupply.com/pdf_files/FourPhase_Development_Plan.pdf



GROWTH STRATEGY

Four-Phase Concession Development Program

Mining & Supply Ltd. alliedminingandsupply.com 4

Phase Four
Company will make the decision based on availability of capital through cash flows from operations or through monetization of reserves to proceed with development of the broader prospect area including the exploitation of any identified hard rock and gemstone (diamond) resources.

2010

Source Document:

http://www.sunergygold.com/sney_executive_briefing.pdf

Income from bulk sampling/mining within 2-­-3 months
Substantial growth opportunity
Possible gold value well in excess of $500,000,000
Potential black sand sales should fund substantial proportion of mining costs

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


Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=45234988

These Custom dredges should process around 50-60 tons per hour each (150-180 Tons/hour) and are designed specifically to capture even the finest gold, gemstones and smaller diamonds as well as the light and heavy rare earths (REEs) known to exist in our Pampana concession.

Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=45462941

Sunergy, Inc. (the "Company") (PINKSHEETS: SNEY) reports that in addition to Gold, Rare Earths and Diamonds, Titanium exists in the heavy sands at an average of 9.628% or 192.6 lbs Titanium per ton of recovered concentrates. Assays of heavy black sand concentrates showed quantities of rare earths and other valuable minerals in commercially exploitable grades.


2011

Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=46913973

"What was found in the second body of test work verified the initial work as being credible, and was able to demonstrate additional values. The large increase in the estimated average value of metals per ton was due to both the expanded range of metals tested for, some more accurate test work that was conducted, and also directly relates to the considerable increase in rare earth metal values over the last year. Together, they account for the increase from $3395.00 per ton of black sand in the June 2010 tests to $8421.00 in the January 2011 test results."

Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=47623934

P.K. Medhi, Chairman said: "I am pleased that our Company is now in a position to advance our dredge operations in Sierra Leone for gold and rare earths on our 140.1 sq. km. Pampana River concession. The majority of our funds will be allocated towards immediate cash flow and growing our operating portfolio in Sierra Leone. Adequate funds will be allocated to our Ghana projects to sustain 2011 planned operations and prepare for operations growth next year. Our focus on cash flow will provide rapid and stable growth to our Company."

Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=47803404

We are excited that there really is as much black sand being recovered, 100 pounds per ton of feed, as indicated in previous test results and we are constantly improving the dredge recovery profile to a point that the tandem operation allows for cleaner and more efficient recovery. The other exciting news is that the visible gold content remains strong. Now that we are getting the dredges dialed in, we look forward to increasing our production numbers."

Bryan Miller, President, comments:"It is great to be in operation on the Pampana and to have our testing from the past 2 years begin to bear fruit. We are putting a secure processing facility together near our operations. This is where we bring the recovered concentrates. This is also where we will be setting up our recovery operation which will start up once the operating season is over. In the meantime, we are dedicated to producing as much black sand concentrate as possible during the operating season. We are also working on a land based operating plan to keep operations going during the winter season."

Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=47920493

Bryan Miller, President comments: "Establishing our new processing facility is an important next step to optimizing cash flow from our Pampana operations. We are producing as much black sand concentrate as possible during the operating season and will begin processing as soon as this equipment arrives. Our secure facility will insure integrity during the primary recovery operations. We are also currently planning expanding our ground operations to include another valuable readily marketable product in addition to our Pampana Rare Earths."

Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=48041270

"We are deep into the second month of dredging operations on our Pampana River Project in Sierra Leone. Production has increased daily for the past 3 weeks. Visible gold production is up, from 1.5 grams to 3 grams per ton of feed gravel. We are now recovering more than the estimated 100 lbs./ton of rare earth black sands concentrate from each ton of feed. Management believes that over 80% of the free gold remains in the black sands concentrate. We clean the sluice out at the end of each 10 hour shift. By the end of this week, we will have 40 tons of rare earth black sands concentrate stockpiled. 40 tons is the maximum allowed to fit in the 40 foot shipping container that we own in Freetown. Management projects that an additional 40 tons of Rare Earth black sand concentrates can be produced by the end of June.

Bryan Miller, President comments: "Management is pleased and excited that dredging operations are really performing better than expected. There is another discreet product coming regularly from the dredging that is different from the REE black sand concentrates that is being tested to determine if there is an added economic benefit to operations. Further details will be available once testing is complete.
We are also studying opportunities to expand our rare earth/gold and other technology metals operations in the near term."


Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=49069471

During Q'4 2011 we plan to test and evaluate the alluvial gold recovery potential on our Concession. We plan to do this by bulk sampling existing artisan pits along the river on our concession and to excavate a grid system of new pits to establish continuity of mineralization and to evaluate the depth of both overburden and the thickness of gold bearing gravels to bedrock. We also plan to test bedrock on the ground surface in the bottom of the pits and to drill to depth to test for gold mineralization. Our program is designed to be revenue generating with a planned budget of around $250,000.00 US which could enable potential recovery of an estimated 500oz./gold which would generate about $900,000.00 of gross revenue from the program. Our plan involves either leasing a suitable gold recovery plant or joint venturing with another operator with suitable equipment. The permitting for the operation will commence shortly.

2012


Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=50610437

He continues, "It is my considered opinion that these PGM's may exist in a fraction that we may have previously overlooked and discarded. I have proposed a four phase recovery and separation process that would certainly recover a higher percentage of these rare valuable metals. The first Phase is dedicated to the highest possible recovery of the gold, Silver and PGM's which are readily marketable to create early cash flow. Phase 2 is dedicated to the Coltan minerals with their elements Tantalum and Niobium, which are also present and readily marketable. Phase 3 and 4 are dedicated to the enhancement of the remaining valuable strategic and rare earth elements, which once separated or concentrated, are also highly marketable."

Bryan Miller, President comments: "Discovering these additional valuable metals in our already rich Heavy Mineral Sands has the potential to substantially increase and accelerate our early cash flow. We now believe we can increase the PGM content by retaining that portion of the sands we had until now discarded during the field concentration process. Our original focus was to recover the free gold as Phase 1, but we have now determined that the substantial contained gold, silver and PGMs will be in the initial target of our newly designed processing operation. Mr. Beckmann brings considerable expertise and practical knowledge of these metals to the Sunergy operation as noted below."

Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=52229771

Shortly after deployment in April 2011, the two Allied dredges were producing daily quantities of heavy mineral sands (HMS). The early estimate range of 400 to 500 pounds of HMS per dredge, per 10 hour day, were validated. The process involved regular performance evaluation and modifications and adjustments of the dredges and support equipment in order to maximize the efficiency of the advanced exploration activity. Multiple areas along the river were sampled involving considerable de-staging, repositioning and deployment in order to generate target appraisals and gauge future recovery potential. Results of 2011 operations will be discussed once finally tallied in an upcoming report to be filed with the Minerals Commission in Sierra Leone.

Once additional mineralogical studies are completed under the control and supervision of Sunergy board advisor, Alexander Beckmann, are completed, Allied stands ready and committed to opening up an entirely new area in the mining sector in Sierra Leone. Allied is currently in conversation with development partners who have the capacity and experience to design, build and operate the necessary processing equipment for the heavy mineral sands. Markets for the variety of recoverable mineral fractions are actively being investigated with the goal of securing off-take agreements in the near term.


Source Document:

http://ih.advfn.com/p.php?pid=nmona&article=52963206

Our exploration efforts increased predominantly because we implemented a dredging operation on the Pampana River Concession in Sierra Leone with our 8" dredges purchased for this purpose. The material recovered is now being tested at Hazen Research Laboratory in Denver Colorado to determine the specific mineralogical content and to design a pilot plant for separation of the most marketable precious and rare earth minerals. Exploration and development cost are expected to go up substantially over the next three years as we ramp up pilot and small scale production operations. With over 40 KM of river on our concession, future exploration designed to develop resources and reserves will be undertaken limited only by our future financial capabilities. Our Ghana project is looking for a joint venture partner for immediate gold recovery and cash flow.

Chairman P.K. Medhi said: "Management is pleased that we have reached this milestone with the filing of our 2011 10-K. While our growth has been slowed by our inability to raise adequate capital to advance our projects as we would like, we have paid all bills that were required and are current in our payments of fees required in both Sierra Leone and Ghana. This is no small achievement under these circumstances. Also, we have very friendly debt, which once compliant in our filings will mostly go away so that new money in the enterprise will be able to launch our future cash flow opportunities."


Source Document:
http://ih.advfn.com/p.php?pid=nmona&article=53799791

Once these additional mineralogical studies are completed by Hazen Research Labs of Denver, Colo. and the separation equipment and process is defined, we are committed to establishing our processing facility and conducting operations designed to both produce cash flow and to develop resources and reserves immediately. We expect to receive the results of these studies in the next few weeks and results will be published.


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.