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dredgemaster

10/17/11 5:48 PM

#46418 RE: BigGreen101 #46416

Hi BG, I just think it was BRAVE of SNEY to set themselves that kind of target on an initial phase. OR they know something from previous exploration that makes them confident of those numbers.

I have known many companies who would be happy with break even in an initial stage and in order to do that ithe initial investment was verry small in the first year.
Then Investment grew in second year and return on in vestment was obviously non existant, BUT the third and consecutive years were the ones that made the company.

SNEY started operations in April 2011 in SL and had a short year so they have a way to go yet before they will disapoint me. JMHO

Dredgemaster