Replies to post #80973 on Sunergy, Inc. (fka SNEY)

[dredgemaster]

There is always a chance but at this time only Sney will know what the future holds. IMHO, the correct pilot plant is the key as it seems obvious that the gold in the concentrates is far too fine to be recovered by any plant that sney have at this time. With no work on the terraces and no further expl in the near future then the jv with other licence holders this season will be the telling factor. If they have not got into a cash flow situation by May 2014 then it looks poor. Precarious times in SL and more obsticals to overcome so its a wait and see if these new people in SL can get things done but I would not wait past May 2014. You see IMO, that the Pampana licence is a second priority untill they find a way to recover the fine gold from the concentrates or the g/t from the terraces make it worth while.
GLYU
Dredgemaster