Replies to post #59557 on Sunergy, Inc. (fka SNEY)

[falon]

Response To SNEY UPDATE - FINS/Q'S ETC.

You said:

1. THEIR MANAGMENT IS INEPT AND THEY HAVE A HORRIBLE PR PROBLEM. NOTABLY, LYING ABOUT DEADLINES AND EXPLICIT FINDINGS. (THEY HAVE MISSED DEADLINES REPEATEDLY, THEY HAVE ZERO REVENUES ACCORDING TO PUBLIC INFORMATION) THIS TRANSLATES INTO CE AND POOR TIMING AND FILING OF ANYTHING OF SUBSTANCE. WHEN FILES ARE SUBMITTED THEY ARE CHANGED B/C THEY DO NOT HAVE THE WHERE-WITH-ALL TO HIRE A REAL ACCOUNTING FIRM. MAYBE THEY HAVE RUN OUT OF MONEY COMPLETELY AND CANNOT PAY THEIR BILLS THEREFORE FILING ANYTHING AND PR'S ARE IMPOSSIBLE!

Response: Management has not lied about deadlines, they just never met their suggested timelines. SNEY only changed 1 filing.


However, they have always delivered what they said they would.


You Said:

2. THEY HAVE NOT FOUND, PROCESSED AND MONETIZED ANYTHING OF VALUE AND CANNOT MANAUFACTURE USABLE Q'S AND FINS B/C PROMISES MADE WERE NOT ACHIEVABLE AND WERE DELIBERATELY MISLEADING. WITH THAT INFORMATION THEY ARE SCRAMBLING TO FIND ANY SHRED OF REAL MONETARY VALUE SO WHEN THEY RELEASE WHAT IS BOUND TO BE FAILURES, IT WILL NOT BE AS BAD AS BEING TOTALLY BLANKED. IT IS EMBARASSING AND BORDERLINE ILLEGAL IF FOUND THAT THEY DELIBERATELY MISLEAD SHAREHOLDERS. STEVE PARENT HAS BEEN IN THESE PRECARIOUS POSITIONS IN THE PAST AND HAS HAD CHARGES BROUGHT AGAINST HIM FOR BEING A BAD ACTOR. ...AND YOU KNOW WHAT THEY SAY...ONCE A CRIMINAL, ALWAYS A CRIMINAL.

Response:


Posters can say what they want however the facts are SNEY has accomplished absolutely nothing since forming in 2003 except acquired the Ghana concession.

The company has chosen not to update how much product has been recovered until after the filings are brought up-to-date.
While I disagree with this choice I can live with it because:

1. It is not a damn thing I could do about it.

2. I'm not running the company.

3. What other choice do I have


What has SNEY accomplished since Allied Mining and Supply Ltd (AMS) came on board?

They put the original AMS plan of operations into action as much as the available funding would allow them to.

http://www.alliedminingandsupply.com/pdf_files/JointVentureOpportunities.pdf

http://www.alliedminingandsupply.com/pdf_files/FourPhase_Development_Plan.pdf

http://www.sunergygold.com/sney_executive_briefing.pdf

Brought, delivered and deployed necessary equipment to a have a full scale dredging operation.


Recovered Gold

Processed some black sands

The company only started operations 1 year ago and although they have not revealed hard numbers, they have revealed enough information for the average person to determine they are recovering product.

What SNEY told us last year:

We are removing GOLD from the Pampana.

Based on the PRs released by the company they have recovered an approximately 580 ounces of Gold or more according to a resident expert.

We have a processing facility.

We are working on a land based operating plan.
Quote:

”The future belongs to those who see possibilities before they become obvious.”
John Scully
aka reading between the lines

"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."

If you go to work on your goals, your goals will go to work on you. If you go to work on your plan, your plan will go to work on you. Whatever good things we build end up building us.
Jim Rohn

"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.
We work closely with the local Chief and his people and currently we employ a total of 50 men and women and rank number two behind African Minerals, the largest iron ore producer in Sierra Leone, in total number of employees in the Tonkolli district. Community relations are strong as we are bringing new prosperity to this community"

"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."

What SNEY haven’t told us?

How much GOLD we have in hard numbers.

The results of land based operations if they moved forward on them.

The current status of operations.

Ghana Operations...



It is just a matter of TIME before our coming out party starts.

Soon very soon after the filings are up-to-date.

The question is will it be a Brunch, Afternoon Tea or an All Nighter.


You Said:

THESE ARE 2 REASONS THAT COULD BE USED TO DESCRIBE SNEY AND ITS SILENCE. I BELIEVE THAT IT IS A COMBINATION OF THE TWO...WE WILL SEE...IT WAS PUMPED, IT WAS DUMPED AND IT HAS BEEN USELESS SINCE. I FEEL SORRY FOR THOSE WHO CONTINUE TO HOPE THIS WILL BE A LEGITIMATE COMPANY...


Response:

"It is not the critic who counts, not the man who points out how the strong man stumbled, or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena; whose face is marred by the dust and sweat and blood; who strives valiantly; who errs and comes short again and again; who knows the great enthusiasms, the great devotions and spends himself in a worthy course; who at the best, knows in the end the triumph of high achievement, and who, at worst, if he fails, at least fails while daring greatly; so that his place shall never be with those cold and timid souls who know neither victory or defeat."
Theodore Roosevelt