InvestorsHub Logo
icon url

mikeymgd

09/17/12 7:40 AM

#71911 RE: risk on #71904

SNEY's budget numbers are meaningless. Its how they funds will be received that matters.

SNEY could have budgeted 10 dollars or 10 trillion dollars but either way it means nothing if the cash is not on hand. The last PR was a complete BS fluff piece and meaningless.

We know they will look to have cash flow by year end.....Already known

They will look to extract gold and process........Already known.

They will build a pilot plant........Already known.

They budgeted money but have none.........Wow who cares unless there are answers of where the money is coming from.

Warrants expired...Ok that is good news

Warrants were exercised over the last few months......Already known, it was on the last quarterly filing.

A new employee......OK but no history to look up said employee.

In the end the PR was bullcrap and nothing more than an attempt to help stabilize the stock price. It was unprofessional and treated the shareholders like they are retards.

Once we get actual transparency to operations and financing, we will begin a potential recovery. What devices are in the pilot plant, when will they be ordered, What is the cost, what is the arrival expectations, how large is the stockpile, were is the funding coming from, when will the funding be wrapped up, THAT IS TRUE MEAT. That is what a professional PR would have in it.

Come on already SNEY, complete the financing, the stock is dead until we have cash to perform the story telling in your PR's.