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oh great so can you forward me their financials so I can take a look at some past earnings reports......oh wait you can't find any that have shown any real earnings? So weird huh.
My guess is people in here know exactly what they are doing and aren't fooled by these scammers. Lots of people don't mind being involved in pump and dumps as long as they make money in them.
The label "pump & dump" does not apply to WSRC.
Falsely accusing a company of being a "pump" that issues PRs on a rare or infrequent basis, such as WSRC, is dishonest or disingenuous at best. I know of OTC companies that issued PRs every week or more for much of their existence, that had little or no bearing to the company's business activities. Such a company properly fits the description of being a "pump", but I don't see you on their message board accusing them of being such.
Furthermore, there is little point in engaging in "pumping" activities if you are not going to follow through with "dumping" activity by the issuance of more new common shares, increasing the number of Outstanding Shares (OS). WSRC has not only not engaged in "dumping" activity, WSRC management has had a longstanding policy of not diluting the common shares to finance business activities, to the point of actually reducing the OS in the past year. The other company, in contrast, has dramatically increased their OS from 14.2 billion shares to 25.1 billion shares, an increase of 77% in only one year (!) , yet I don't see you pointing this out on their message board.
In conclusion, WSRC simply does not fit the description of engaging in "pump & dump" activity. The label "pump & dump" does apply to the other company, however.
really....do you think hundreds of millions are flowing through this traditional pump and dump company?
Exactly. Years of shady promotions and suddenly they've gone legit?
Nope. Way too easy to strip money from gullible investors!
The best scams and pump and dumps always include a little bit of truth in PR's, not enough to fool people that want to know the truth, but enough for people trying to suck others into the same scam to make some quick cash. The twitchell dam project may be a thing....but really....do you think hundreds of millions are flowing through this traditional pump and dump company? Lol.
Chill dude. Mood ring indicates you may be an insecure long in pinky land. .
Only invest what you can lose. Quality stocks are rallying today again. Turkeys less likely to fly with the market, but a strong market ultimately leads to turkeys soaring ...a contrarian indicator that markets are too hot, toppy ... good time to take some cash out.
Maybe WSRC won't test the 50DMA, or maybe it tests the 200 DMA. Nobody knows. Odds of cashing out ahead favors waiting for a much lower RSI, and signs of excess optimism washed out.
“Twitchell Operations Committee (TOC) – Director Conrad (Chair)
Board of Directors will hear an update from the TOC, which oversees all operational aspects of Twitchell Dam.”
From agenda meeting. They might updates on progress related to mobilization and mitigation work done
Doesn’t look like anything for company except how to deal with our call ins-MAD
Looks like another SMVWCD meeting tomorrow, follow up / updates
https://www.smvwcd.org/files/ac2721c78/02-02-2023+Special+Meeting+Agenda.pdf
If the company releases news it will go up and if not it will go down. As simple as that.
I actually agree with you on that.
The part I disagree with you is what is defined as "news". Making up BS about billions in gold, platinum, rhodium, and processing it through some secret equipment........that's news? No, it is not news....it is sheer fabrication, fraudulent, designed to sell shares to gamblers and naive dreamers.
Same with the $1.9 billion mitigation contract, which they don't have. They might have a general services contract with the reservoir people...but those folks don't control the money. They have tried for years to get funding, and failed. 10 years of $200 million a year is sheer nonsense. More BS designed to sell shares.
And the hemp. The helium. The magic batteries. Spaghetti.....meet wall.
LOL. That could work, if he had any gold. Like the bigger scam stock, aa bb, they have none..and never will.
Look don’t worry let them shorts drop it. Just don’t sell to them to let them out on the backside. You have to set the trap. Got 2 weeks get some cheapies while you can. I scale in every month. Still want 3mil to finish my position here. Praying I can get cash in time. -MAD
What else? A gap at 0.02, RSI overbought, the starts aligning and the day cloudy, the sun not that hot anymore, the ozone layer getting restored hehehe... You guys are so freaking dumb. Dude, this is OTC. Get all that shit indicators and throw them in the trash. If the company releases news it will go up and if not it will go down. As simple as that.
lame,give it up :o) WSRC
200 Day Moving Average = .06, so this can easily test .10.
Might not hold. Depend on news quality and timing. And the general market and if the P&D crowd moves on.
He’s got to quantum leap back and bury the gold and jump back to dig it up. -MAD
fading lower on relatively low volume
Weird that this trades at just over a dime......with $182 billion in gold and PGMs just sitting there waiting to be scooped up and "processed" in Turleys Magical Ore Machine. What's the holdup?
fading lower on relatively low volume ... normal pattern here. Support should be near .10 50DMA.
Can't wait to find out what their new "Arizona Processing Project" is all about. It's been a while since a good old fashioned Desert Dirt Scam has popped up in Arizona from these guys. Not since Chaffee, Jenkins and others were involved (or maybe they're still involved?).
Keep up the scouting and DD!
New processing in Arizona? Not mining! Could it be ole Clifton turley on the lithium boat these days not saying I’ve found any prove on this but it makes since to go for the gold! Or lithium these days. I’ll be doing my scouting and DD on this. -MAd
I was going to say something on your behalf...just decided to read thru the posts instead. Seems there's always someone out there with a chip on their shoulder pissed off at the world, and trying to pick on others, and with questioning their integrity to feel better? Not Cool. Kudos to you! Nice comeback!
Nice! Congrats on your successes indeed! WSRC
First off thank you. The amount of sediment in 18 years really built up. Hmmm. Seems like a big job but they need to hire someone to get in there and clean out that inlet pipe at the very least. Maybe remove sediment from the whole reservoir, but that is a huge job and could take years to complete.
I wouldn’t complain about .70s on the low end lol also, if the Form 10 gets filed and accepted, that should help get us up there as well!
Twitchell reservoir, #SantaMaria #CA…beautiful ❗️@AlanRoseWX @tvdave @PGE_John @KEYTNC3Beth #CAwx@KEYTNC3CJ #SantaBarbara #rain@JohnPalminteri #AtmosphericRiver #pilotlife @VansAircraft
— Scott G. Dweck (@scottdweck) January 29, 2023
@AOPA #50YearsInAviation#MAGA (Making Aviation Great Again)#WINTER pic.twitter.com/ZN6Umcv0Z0
I don't know for sure about WSRC but for sure SMVWCD has been trying to get FEMA funding since 2017 when they had huge sediment issues. They were denied because they didn't have good historical records and study to prove that sediment came from the 2017 storms (FEMA wasn't willing to pay for long-term build-up). After their request they did a study and in 2019 issued a 57 page report showing how much extra sediment built up that year (2017) and are still trying to get funding which is why this has in my mind a pretty good chance at being partially true.
100% SMVWCD has been applying for Federal $$
100% Twitchell Reservoir/Dam inlet/outlet has a serious sediment issue per report: "Sediment levels at the Intake Structure itself have increased 43.4 feet, inundating the lower portal opening, and inundation 3/4 of the upper opening and trash racks.
100% they are in talks with MSL
the big catch here is it isn't 100% getting funded. That being said, the recent emergency act is a huge plus as well as recent CA storms to bring attention to this issue. If they don't get FEMA or federal $ this will have to get funded at state or agency level. This Dam construction was passed by Congress so chances of federal are much higher. This sediment issue will be addressed in the not to distance future. Big question is how and who gonna be a part. As of now, Id say MSL appears to be in the front of the line and has the best chance.
I like the way you think. Don’t see anyone on this board complaining at the lower case scenario you present. Personally, I think the Company is legit, & with steady income eventually on the table, they’ll have a great opportunity to realize their other projects as well.
Thank you fearless! Original run I got lucky being at right place at right time. But have a pretty good sense for how this runs now.
Absolutely I want a run to sell haha who wants a run up to buy and hold?
Honestly there's a couple ways this plays out. Either its a total pump and dump scam like Gitreal thinks in which case I still see it running to .70s. IF however this turns out to be all true and legit or even partially true (i.e. there's a good chance they get some funding but not the full $2B) then this is easily a few dollar stock.
In other words you are just swinging the ticker and hoping for a run so you can sell hehehe... That's valid too. Good luck
Wow! congrats! awesome run and profit for you. How high do you see it going now with the Twitchell Dam project and the mining news, etc? Back to .40s? higher? lower?
LOLOL I know people on here post BS all the time but here's your proof (not that I owe it) but I don't BS and can always back up statements...purchases are in yellow (actually got some at .0041...cheaper than I remember lmao) and sales are in green. I think I said 0.48 but was actually 0.4799
The reason people here succeed and fail in OTC is their bullshit detector and ability to profit/loss based on that. Theres a lot of $$ even to be made with BS just gotta know its BS
Lol, I am sure shares were bought at the absolute lowest price and sold at the absolute top!
Hi Everyone. This is my first post ever with several more to come (literally just created my account to post to this board). First off I want to thank everyone for all of your posts over the years as everyone's combined DD helps build the best picture here. I have made a ton of $$ with WSRC over the years and will give specific examples to back this up as well as upload some of my own DD and input regarding WSRC that I haven't seen posted. I first bought WSRC (at the time it was WSRA) in 2010. I was in college and had a couple thousand dollars I traded with as I was a finance major and planned to go into investing. I was convinced that Gold and silver were going to the moon and the best way to capitalize with the little money I had I figured were penny stocks in gold/silver etc. So I bought $1000 of WSRC at 0.005/share and got 200k shares. After a short while it went to 0.01 and I sold doubling my $$. Then not much longer it was back down to ) 0.005 so I bought another 200k shares for a thousand bucks. Did this a handful of times and it was great side cash through school. Fast forward to end of 2018 and I had 200k I had in my portfolio for a few years not really doing anything and they came out with their hemp play running the stock up to 0.16 which made my account have $32k! Being so excited, and knowing it was going over a buck I didn't sell and it came down to 2-3 cent area and I sold every other thing I owned and piled it into WSRC (about $22k added to my position to get me to 1.1 mil shares at average 2 cents. For a couple years I mostly regretting having that much tied up since WSRC volume dried up and I couldn't really get out of that position size into illiquid market. Thanks god, because I sold about 600k in the 2021 run up profiting about 200k capitalizing from .10 al the way up to my best sell ever at with 100k shares at 0.48. I Kept over 400k shares (shoulda sold them all in the 40s but here we are...another run up coming and just getting started imo!! This stock gets boring but when it moves, IT MOVES and its exciting and explosive!
more to come...
Thanks for posting. Positive update for their shareholders, & potential new shareholders.
Great news just out about the mining project. However, company needs to time news better according to chart.
To that End..... New tweet out today,
Western Sierra Resource Corporation Announces Expansion of Mining Projects
— Western Sierra Resource (@WSRCorp) January 31, 2023
Steamboat Springs, CO -- (January 31, 2023) – WESTERN SIERRA RESOURCE CORPORATION (OTC: $WSRC) provides this weekly project update. #wsrcnews
Read More ⬇️https://t.co/gBumbkWHHz
So, you believe their claim that there is $182 billion worth of gold at the Sage Hen property?
The Company has always been above board and transparent. There was a mention of an SEC inquiry in previous Company statements. If it was relating to the mining claims one would think that any metion of the mining project would disappear from the website. It clearly has not. I still maintain, contrary to the trolls, that these guys are not frauds or charlatans. That would make them the dumbest criminals on the planet.
Just curious...Has there ever been any SEC investigations for any of these, so called false claims? I haven't looked into it, and would expect we would have heard something by now, especially is this has been going on for quite some time. Just my thoughts.
$WSRC
There's a far better chance of Santa Claus being real than there is of this make believe company ever proving they have any gold.
Sad most in nurturing environments could make it to 10 yo at least-MAD
I bet there's a few that don't understand what a blatant lie that "gold mine" story is. And many believe the MLS environmental mitigation story.
I doubt anyone believes it. Stinky-Pinky scams are basically for those gambling on musical chairs. Buy & flip before the music stops.
I stopped believing in Santa Claus when I was 4 or 5 years old and same with the tooth fairy. Anybody who really believes WSRC owns mineral rights to a $182 billion gold deposit needs their head examined.
Anything is possible in the otc!
Shouldn't a company that claims to have $182 billion in gold be trading at $500/share?
I think we head back to the 8-10 range. If I’m right, I get to reload
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