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Inorout

07/24/12 12:13 PM

#67720 RE: havocjohn #67716

I don't disagree with you John. Getting off the CE and moving up to QB is a big positive and I applaud management for the transparency. Transparency is key to build trust cuz without it, investors are blind. So kudos for the better info. Having said that, who really knows what the sands will yield? I wouldnt put to much weighting on guesstimates. Until SNEY can perhaps sell some of this material or begin processing it themselves, the company needs some working capital. It seems logical they will, or already have issued more new shares. Of course they may have taken in some new debt. We'll just have to wait for Apri/May/June results to see. But my point was that as if March 31st, the company was essentially out of working capital.

playfullyhappy

07/24/12 1:25 PM

#67765 RE: havocjohn #67716

havocjohn,

I agree with what you said in your post. But with SNEY now being current, listing on the QB board, and either having the CE removed or being removed very shortly I am now adding more to my holdings.

Quite frankly and perhaps selfishly I am very pleased that I have been able to cautiously add more in the 6's and a very low 7's. I am tickled to death about this.

Am I sure fired positive that this is a sure winner of great proportions ? No for this is pennyland and nothing is assurded, but SNEY and it's management have given me more than enough encouragement FOR THE PRESENT IMO. But, I most definitely do not know what lies around the next bend.

Do your own DD and your investment is your own decision. You are the one who earned your own money and know what your responsibilities.

In conclusion and in my eyes the future today for SNEY is looking brighter, but SNEY HAS MUCH FURTHER TO GO.

I wish everyone and their families nothing but the best and much success in all of your endeavors, needs, wants, desires and dreams.

GLTA