You make very valid points and pose a logical position about investing in SNEY. It is hard to argue that SNEY has failed on many aspects of many goals they have attmepted to accomplish.
Here is where I disagree...the economy is not getting better for three reasons: 1) no national budget with continued increased spending and further increase in taxes on every level. Yes, inflation of basic items such as food is a hidden tax which affects all of our bottom line incomes. 2) The continuing of QE printing of money from the FED. There is something strange about the correlation of printing of money and the price of gold. Typicially the gold price increases as the Fed continues to print more money trying to prop up a phony economy. I believe gold is being manipulated behind the scenes and many entities and countries are hoarding gold. See China and India for examples. 3) Healthcare at its current rate is going to bankrupt many families, businesses and our country. We have too many unfunded liabilities to account for and until we change course, gold and investing in mining of gold, silver and other precious metals with be the future ticket. It might not be advantageous in the short run, but in the long run, this is where most of the transfer of wealth in America will occur.
There has no doubt been an ongoing disappointment in SNEY as one would think continous news would bring about positive results. This has been just the opposite for SNEY...why?? Only the ones on the ground can tell you that, but mining in a foreign country isn't like running a McDonald's franchise...many moving parts with many variables that have to hit just right. We are so close...
IMHO
Ice
AI
