Austin, TX 8/13/2009 1:07:18 AM
News / Business

Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

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.

 

On Monday, Sunergy, Inc. announced the appointment of Kerry Bjornson, CEO of Gold Canyon Mining and Construction of Apache Junction, Arizona, to the Company's Advisory Board. Mr. Bjornson previously ran the American Asphalt of Las Vegas, Nevada, contract mining business which was sold to become Gold Canyon Mining and Construction. Gold Canyon has substantial mining contracts in Arizona, Nevada and other areas in the US with both copper and gold producers with Major mining companies, including Newmont Mining at their Phoenix Copper/Gold Project in Battle Mountain, Nevada. They have about 200 employees and operate a few hundred pieces of heavy mining/earth moving equipment.

 

Today, Sunergy, Inc. announced the appointment of Mr. Karl A. Baum as Manager of West African Business Development to further advance the Company's Nyanhin Project within the Republic of Ghana and other business and mining interests in the region.

 

Sunergy is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. Sunergy controls100% 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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