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02/27/12 9:31 AM

#56046 RE: scubastevemd #56045

I think otherwise. I think the info Falon posted about Gold extraction from placer sands is very useful. It shows that even novices can get before unexpected Gold from sands thanks to new REE magnets. Also, the part about the Yuba City, Ca. bulk processor whom extracted 2-3 ounces/ day from sands other smaller miners had already processed and discarded. Now couple these facts with the major Fact Sney has A Beckmann , a leading innovator in REE extraction and Gold refinement from sands, and I think it shows us that Sney will be getting every usable spec of Gold and other PMs out of what a lot would normally not bother with. That attention to maximum processing, I feel, can be the difference in success levels for a miner the size of SNEY.
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falon

02/27/12 11:43 AM

#56053 RE: scubastevemd #56045

scubastevemd,

You sum the SNEY situation up very well.

I believe most here want information to be release and filings to be current.

All we have at this point is what the company has told us.

They have gold.

They have processing equipment.

Why they are holding back information sucks, however until all is said and done (becoming current and total operations update)will we be able to determine if it was the right move.

For all we know they could have processed the black sands from last year and just be sitting on the gold.

If they do not file the 2011K on time then I will have a major problem with Management, until then I trust they will do what is necessary to build the comapny.