Replies to post #31351 on Sunergy, Inc. (fka SNEY)

[bag8ger]

Please cite where they have been 'dumped' on us.

They can't be dumped, as you call it, until, IMO, production reports have nullified their effect on PPS.

[coachum]

You can't exercise the warrants until the holding period is up..... Now, you can exercise your right to buy them, in fact you have to do so in one years time.

How else does the company get funds to operate? Everything was spelled out in the PR in what most would consider simple English.


We are talking about the most basic principals of running a public company.... You need capital to operate....SNEY has capital........ They are in operations currently dredging because they are a dredging company.... thats why they raised capital .......... to dredge for REE ---- gold and such...... OMG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



I hope people sell because the intelligent people are here to buy...

[10X]

Please post something with facts.

You just seem to want to blurt out one liners. This is a very simple situation. They have slightly less than 2 billion shares fully diluted which would also fetch them somewhere around 4.5 million in cash for working capital upon exercise of warrants. With some decent free cash flow numbers this could easily be a .05 to .10 per share stock which would give it an enterprise value of around 100 to 200 million (certainly not unreasonable). Even at today's price and considering the cash generated upon exercise of warrants, it only has an enterprise value of around 20 million. The mining concessions are worth well more than that based upon the assays. Not saying everything is perfect. Read my prior post respecting the bloody horrible IR department but this can only do so much damage. In the end all that matters is the quantity and duration of free cash flow generation.