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Posts Tagged ‘Sunergy Inc’

10-2-09 Daily Small Cap Market News and Stock Highlights

Stocks are lower as September job losses rise more than expected

The Labor Department says employers cut 263,000 jobs last month, up from 201,000 in August. That is far above the 180,000 job losses economists had been expecting. The unemployment rate has risen as expected to 9.8 percent.

Unemployment has been one of the market’s biggest concerns throughout the recession because it has a big impact on consumer spending.

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Sunergy Prepares to Start Operations on Its 150 sq. km. Ghana Mining Concession and Evaluates Future Petroleum Development Opportunities in West Africa

SCOTTSDALE, AZ — (Marketwire) — 09/29/09 — Sunergy, Inc (the “Company”) (OTCBB: SNEY) reports the following update on the preparation for operations on our 150 sq. km. Nyinahin mining concession, located in Ghana, West Africa. This concession enjoys a full prospecting license for gold, silver, diamonds and base metals. During the next few months we will test the alluvial gold and diamond recovery potential along the Ofin River which runs through the eastern portion of the concession for about 45 km. We will bulk sample the numerous existing artisan pits along the river on our concession. Our planned budget is around $300,000.00 US which could recover an estimated 1,000 oz./gold generating around $900,000.00 of revenue from the bulk testing program. Our plan involves leasing a suitable gold recovery plant. The permitting for the bulk testing operation is now underway.

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8-28-09 Daily Small Cap Market News and Stock Highlights

Yesterdays Top Performers

Green Star Alternative Energy, Inc. (OTCPK: GSAE)

End of day:
Price: 0.365
Change (%): + 0.105 (40.38)
Volume: 139,260

Hot Stocks To Watch

Sunergy, Inc. (OTCBB: SNEY)

End of day:
Price: 0.16
Change (%): – 0.01 (05.88)
Volume: 68,000

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8-14-09 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks turn lower on inflation and industrial production data

Stocks drifted lower early Friday as investors looked for more reasons to keep the market’s summer rally going.

Investors paused after two days of buying as the Labor Department said a measure of inflation was flat in July after a slight increase in June.

Inflation could become a concern down the road as the government continues to spend in an effort to stimulate the economy, though in the near term there has been little worry. A rapid increase in inflation would likely lead to higher interest rates, which could stifle an economic turnaround.

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8-13-09 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks turn lower amid weak retail sales and jobs reports

Stocks turned lower in early trading Thursday as disappointing reports on jobs and retail sales deflated some of investors’ optimism about the economy.

Investors sent the major indexes slightly higher at the opening, but stocks failed to hold on to the gains and extend Wednesday’s big rally, which followed upbeat comments from the Federal Reserve.

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Sunergy Reports Update on Operations on Its 150 sq. km. Ghana Mining Concession

SCOTTSDALE, AZ — (Marketwire) — 08/13/09 — Sunergy, Inc (the “Company”) (OTCBB: SNEY) reports the following update on the planning and preparation for operations on our 150 sq. km. Nyinahin mining concession, located in Ghana, West Africa. During Q’4 2009 we plan to test and evaluate the alluvial gold recovery potential along the Ofin River which runs through the eastern portion of the concession for about 45 km. We plan to do this by bulk sampling the numerous existing artisan pits along the river on our concession. Our planned budget is around $300,000.00 US which could recover an estimated 1,000 oz./gold generating around $900,000.00 of revenue from the program. Our plan involves either leasing a suitable gold recovery plant or joint venturing with another operator with suitable equipment. The permitting for the operation will commence shortly.

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AllPennyStocks.com Announces Corporate Write-Up on Sunergy, Inc. (OTCBB: SNEY)

MISSISSAUGA, ON., August 11, 2009 — AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Sunergy, Inc. (OTCBB: SNEY).

Sunergy, Inc. engages in the acquisition and exploration of mineral properties in Canada. It owns a 100% interest in one mineral claim, consisting of 15 cells, collectively known as the Hummingbird property, which is located in the Vancouver Mining Division approximately 25 kilometers north-northeast of Powell River, British Columbia and 100 kilometers northwest of the city of Vancouver. The company explores for gold, silver, and copper deposits. Sunergy, Inc. is based in West Vancouver, Canada.

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8-12-09 Special Midday Report – Market Movers

Sunergy, Inc. (OTC BB: SNEY) was featured as today’s hot stock to watch by SmallCapVoice.com. Midday the stock is up 20% on strong trading volume. Investors have reacted very positively to this week’s news announcements by driving the stock up more than 45% since last Friday’s close.

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SUNERGY, Inc. (OTCBB: SNEY)

SUNERGY, Inc. (OTCBB: SNEY) is a fully reporting, publicly listed and traded, production oriented junior mining company engaged in the evaluation, acquisition, exploration, planned operation and advancement of gold/silver/diamond development. The Company controls 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license. The concession is surrounded by several operating mines and is adjacent to Newmont Mining\’s property. This concession has the Ofin River flowing through our eastern portion and there are numerous artisan pits ready for testing and evaluation for near term production. The Ofin River is known for good alluvial gold production. Artisans usually recover about 30% of the available gold through primitive hand methods, leaving 60-70% to be recovered by modern mechanical operations.

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