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Snrg Corporation - SNRG Insiders
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Snrg Corporation - SNRG/SNRG.PK information
SNRG CORP (SNRG:OTC US)
Snapshot of SNRG CORP (SNRG)
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OPEN
$0.0027
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PREVIOUS CLOSE
$0.0065
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DAY HIGH
$0.0070
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DAY LOW
$0.0027
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52 WEEK HIGH
11/12/09 - $0.03
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52 WEEK LOW
05/28/10 - $0.0020
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MARKET CAP
1.2M
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AVERAGE VOLUME 10 D
101.8K
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EPS TTM
--
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SHARES OUTSTANDING
184.2M
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SNRG Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for SNRG CORP (SNRG)
SNRG Corporation announced that the Company has entered into two agreements to expand the company's business focus to include gold and other mineral mining initiatives. The Company has acquired a mining lease and option in respect of a 7/8 interest in an approximate 7,100 acre placer gold property in San Bernardino County, California, from Colindo Minerals, LLC. The consideration payable under the lease is a future total royalty of $270,000,000 (the equivalent of $1.00 per oz of potential gold reserves). The Company may elect to attempt to acquire a lease and option in respect of the remaining 1/8 or may elect to forego the remaining 1/8 interest in the property and cooperate with the Lessor in a judicial partitioning of the property. The property, known as the Armagosa Mine, has a long history and has been extensively tested by various parties over the past 80 years; however the Company is not relying on any of the prior data. The Company intends to conduct its own valuation and develop its own operating plan. The Company has also entered into a first right of refusal and option agreement on a 960 acre placer gold property in Esmeralda County, Nevada from Western Gold Company. The Company is purchasing this option in exchange for fifty million restricted shares of common stock. This property known as the Gold Star Mine, also has an extensive history with extensive prior testing by various parties, however, the Company will not be relying on prior third party data but will undertake its own testing program prior to making a determination as to whether to exercise its option. The Company has also researched additional applications of the gasification technologies and alternative uses for systems and equipment being obtained as part of the plant purchase previously announced by the Company. As a result, the Company is developing applications for the recovery of base metals and minerals. The first intended application is planned to be directed at the high temperature processing of concentrate from placer mining operations for recovery of a variety of precious metals and valuable minerals.
SNRG Corporation announced it has completed the set up of small scale production of devulcanized rubber at its facility in Bay City Texas. Current production is achieved with manual operation of the materials preparation and mixing process and is not intended to produce marketable quantities of devulcanized rubber. However, based on indicated customer response to its first sample product the company has decided to accelerate its evelopment of marketable production by permanently installing its pilot plant equipment in a fully automated production line capable of producing 10 million pounds a year of devulcanized rubber.
SNRG Corporation announced that the company has entered into an exclusive North American technology agreement with Vega Invest AG d/b/a Enviropark Global AG for advanced waste processing and materials recovery technologies. The agreement grants the Company all North American rights to the Enviropark concept and related technologies. The Enviropark model brings together a matrix of waste streams that create an economically viable combination of revenue from tipping fees and the sale of recycled materials on the upstream side of gasification and revenues from materials and products derived from the syngas and inorganic liquids produced from the gasification of a blended waste feedstock.
SNRG Competitors
| Company | Last | Change | |
| No competitor information is available for SNRG. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | SNRG | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 3.6x |
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| Price/Book | 0.3x |
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| Price/Cash Flow | 3.5x |
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| TEV/Sales | NM | Not Meaningful |
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SNRG |
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SNRG transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
Snrg Corporation - SNRG/SNRG.PK news
SNRG Corporation Announces Gold Mining Agreements
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SNRG Corporation Announces Rubber Marketing Initiatives
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SNRG Corporation Announces Rubber Marketing Initiatives
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SNRG Corporation Announces Devulcanized Rubber Production
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SNRG Corporation Announces Devulcanized Rubber Production
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SNRG Corporation Announces License Agreement
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SNRG Corporation Announces Shift in Business Model
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SNRG Corporation Announces Rubber Devulcanization License Agreement
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SNRG Corporation Announces Gasification Plant Acquisition
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SNRG Corporation Announces Rubber Devulcanization License Agreement
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SNRG CORP Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits
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SNRG Corporation Announces Shift in Business Model
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SNRG CORP Files SEC form 8-K, Termination of a Material Definitive Agreement
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SNRG CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of
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SNRG CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
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SNRG Corporation Announces License Agreement
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SNRG Corporation Announces Gasification Plant Acquisition
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SNRG CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Fin
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