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BeeDoubleU

12/18/14 7:14 PM

#92189 RE: coloradoKid #92188

I totally agree with you CREDIBILITY BOOST is what SNEY needs.
Many eyes are looking at this parcel export, we'll see if this will give credibility boost soon enough... IMO, it WILL...

RoxVox

12/18/14 7:52 PM

#92190 RE: coloradoKid #92188

Yes yes yes. .... and you didn't have to trash the Co while saying it. ...imagine that!

GO SNEY

blue dog

12/20/14 8:03 AM

#92200 RE: coloradoKid #92188

$100k/month should get SNEY to approximately $0.01/share, as I recall.

Simply exporting the parcel and reporting it in the next Q and/or immediately in an 8k will do wonders for their credibility and consequently the stock price. I could see a parcel of $100k pushing this pps to a penny on credibility boost alone. Export this monthly and the pps will sustain that penny and perhaps start pushing towards a nickel.

Bottom line: we need a credibility boost. I think on this, we can all agree.


Again, my recollection may be off, but with a slightly better share structure (2.1 billion shares), "textbook" valuation was about a penny/share per million in revenue. Without revisiting the math, I will assume that $1.2 million (i.e., $100k/month) roughly balances out for today's slightly higher number of outstanding shares.

As noted in that prior discussion and this current thread, several other factors could also come into play to increase the PPS further:
1. Credibility boost, which not only would be a positive, but also would negate a negative (i.e., shut down the naysayers).
2. Exuberance in the penny-stock market might produce higher valuations than textbook analysis.
3. The increased credibility from core mining operations might give SNEY's announcements in other areas, such as building, airport security (whatever that was about) a component of future value, as opposed to mere talk/hype.

Ditto the bottom line: we need a credibility boost!