Steve,
When you don't have facts, you can only rely on logic. Is it logical that this is a scam? No. Scam companies do not leave so many verifiable facts lying around. They also try to maintain the illusion of a prosperous company with many "pump" PRs and a slow dilution of stock. Are they pissing us off with the delays? For sure. No doubt. Do they have good reason? I don't know and won't know until the fins are up to date. As I see it, there are only three logical possibilities:
(1) SNEY has, for whatever reason, delayed the filings. In the mean time, progress continues in SL on the ground and preparations are being made to begin dredging. Exploration continues in Ghana using revenue from gold sales to seed the effort. Gold is being mapped and proven in Ghana and will add value in the 2011 10k.
(2) SNEY has not been successful with gold dredging and so short on cash that they cannot even issue PRs, complete financials, sell shares or sell assets.
(3) SNEY management has pulled off the worst scam ever. Even the management team lost money and the only winner is SL government.
So, which is the most likely scenario? My money is on scenario 1. If you are not sure. GET OUT NOW!!! This is not the investment for you if you feel there is any skulduggery afoot.
JMHO Ck
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