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Replies to post #38752 on Sunergy, Inc. (fka SNEY)
"Propaganda is the art of persuading others of what one does not believe oneself."
"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."
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"The dredges arrived in Sierra Leona, have cleared customs and have started operations on our 140.1 sq. km. Pampana River Concession. We are start one at a time and conducting further testing to identify optimum deployment sites. Once results are available we will publish operating results. So far, everything is working as planned and Management is pleased."
"The first dredge was launched on April 15th and the first day of operation was the 16th. Up to yesterday (the 17th of May) the dredge has been on the river for 1 month. We began by prospecting the best areas to work, and primarily, those were the areas of the least amount of overburden.”
"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."
"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."
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."
"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.”
"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."
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