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FACTS ABOUT WSRA - GEAR - GOLD COAST
During the year 2011, a major objective has been to expand our relationship with our current joint venture partners and have now expanded that effort to include a developing partnership with Golf Gear International (GEAR)
Signed a Memorandum or Understanding for development of the Big Chief mine with GEAR.
SOUNDS LIKE WSRA AND GEAR WERE UNDER CONTRACT FOR EXTRACTIVE TECHNOLOGIES....
Western was under contract to Extractive Technologies for the long term development of the Silver Cord underground mine near Black Canyon City in Central Arizona. Subsequently Extractive Technologies entered into an agreement with GEAR to assist Extractive Technologies in funding the development and exploration program
An expanded sampling program is ongoing and the results should be available to GEAR during the first quarter of 2012.
As part of the continued contract negotiations with GEAR, Western has acquired a working interest of the Silver Cord participating in the revenues as generated in the future.
OVERALL WSRA DOES OWN PROPERTIES AND DOES CONTRACTS FOR OTHERS... JUST LIKE THEY'RE DOING FOR GOLD COAST... BUT HEY THEY OWN HALF...
LOOK AT THEIR STATS AND OWNERSHIPS AND INVOLVEMENTS IN ALL THEIR CLAIMS AND NEGOTIATIONS AND WHO THEY WORK WITH IN ALL THE OTHER PROJECTS.. IT SEEMS WSRA... WILL BE THE WINNER BY FAR IN STACK SHARE VALUES OVER GOLD COAST... JUST MY OPINION...
QUESTION? ANYONE ONLINE?
SO AMERICAN SIERRA, IS IT STILL A COMPANY>?
DO PEOPLE BUY COLORADO GOLD NOW? OR CAN PEOPLE STILL BUY SIERRA?
WHAT IS SIERRA'S POSITION WITH COLORADO ?
THERE IS NO OUTLINE AS TO WHAT THEY WILL BE DOING, THE MOU.. DOES NOT SAY.. ANYONE KNOW?
WHATS THE NEXT MOVE FOR COLORADO?
DID SIERRA HAVE ANYTHING TO OFFER COLORADO? MEANING EQUIPT, MEN , EXPERTISE, MANAGEMENT, WORKERS AS IN MINERS... ?
QUESTION? ANYONE ONLINE?
SO AMERICAN SIERRA, IS IT STILL A COMPANY>?
DO PEOPLE BUY COLORADO GOLD NOW? OR CAN PEOPLE STILL BUY SIERRA?
WHAT IS SIERRA'S POSITION WITH COLORADO ?
THERE IS NO OUTLINE AS TO WHAT THEY WILL BE DOING, THE MOU.. DOES NOT SAY.. ANYONE KNOW?
WHATS THE NEXT MOVE FOR COLORADO?
DID SIERRA HAVE ANYTHING TO OFFER COLORADO? MEANING EQUIPT, MEN , EXPERTISE, MANAGEMENT, WORKERS AS IN MINERS... ?
NY BOB..... HOW, LONG AGO DID RIO TINTO, GO THROUGH THEIR BUY OUT WITH THE SAME SITUATION AS CALV....
SECONDLY, HOW LONG DID RIO TINTO'S STOCK MOVE FROM LOW TO WHERE ITS AT NOW?
HOW LONG DID IT TAKE,, TO MOVE...
AND, HOW MANY OUNCES OF GOLD DO THEY PRODUCE PER YEAR...
I WOULD LOVE TO KNOW THESE QUESTIONS...
ONLINE NOW.. THANKS..
,
SORRY, THEY'RE LISTED UNDER A DIFFERENT SYMBOL OVER SEAS.. .. I GET IT NOW.. OOPPS ! RE POST IT AGAIN AT THE TOP BOB.. SORRY..
WHAT THE HECK IS THIS BOB? THIS ISNT CALEDONIA .. IS IT A DIVISION OF THEM.. ?? I DONT UNDERSTAND.. LOL PLEASE EXPLAIN... .
Solid Investment... They're a senior mining company... they are producing gold.. not dreaming of it... they're balance sheets are positive, they're not a hopeful Jr. wanna bee... Making aspiring promises... But.. I think it could be a few months....
Till its a concrete deal.. remember its only a MOU... a verbal agreement... i think by late 3Q we'll see something significant.. I project, if they pump this stock, and get it known... in the markets, it will find its rightful positions, and we could see... gains to $5.00 plus dollars... or more...
The markets on tuesday... hmmmm it could go either way... the stigma against Calv is not good.
The Govt. has their hands in Calv's back pocket... I'll feel comfortable with something in writing.. if this deal sticks.. I;ll breath a sigh of relief..
The markets tomorrow,, given the stigma, against could , i repeat, could cause an initial dip in the share price... remember, almost half of the companies present worth is now owing to the govt, and its people... After the dust settles.. that why i Say at least till 3 Q , then the sparks will fly... Its going to be exciting if they can get them to sign the agreement, ,and take this Mou from uncertainty to stability... RECOMMENDATION: Buy,, two thumbs up... especially when we know the top exec. just got 360+k of shares, then the Mou agreement,, and the fact, they are also looking to expand.. it can only get better...
IF THERE'S - NEW- NEWS ON THE INDIG.... FIND A LINK... ID LOVE OT READ IT.. THANKS MICOCAP4 I'LL LOOK FOR YOUR POST... IT LATER TODAY...
Well, it looks like the levethon has awaken...
So does anyone know if that 5 mil was a buy or sell.. why is it so confusing for everyone.. whats the verdict?
Any hopes that the price will hold?
Thanks for the info. appreciate it so much...
Lets hope for the best.. i cant wait..
i'd love to see the share price go past a few cents...
lets hope it does... supporting each other helps so much.. thanks again...
Thanks Trapper Jim, for your reply,
I appreciate your opinion, and agree with your quoted statement, thanks!
What's your opinion Trapper Jim...
Do you think this time round the financing will be successful?
Or do you think they should seek normal financing with a smaller loan?
Enough for drilling, and for news reports that reach a broader audience, allowing Bonz to be known in the public specter, which would attract more share holders to purchase more shares....
Then in conjunction with the hopeful core samples providing undisputed truths of ounces per tonnage and with the consistency of timely news in the public eye, and along with a substantial share holder base, seek the financing amount that will propel them into actual mining.
What are your thoughts?
I think, with this method, it would work to the betterment of seeing results, than basing all their hopes in a previous mine adjacent to the said Tarantula property, and no real core samples to prove the extent of the gold resources in the ground.
I wish i knew more, hope you can provide some answers. Thanks.
Good day everyone.... Need answers....
What sparked barkerville to rise to $2.25 a share in 2001 feb-july ?
Was it just news, or share holer hype ? was it they actually mined, or drilled or purchased new property, or mergered, or ??? what made it rise,,, ? there must of been something that sparked the share price to climb ?
Was barkerville not a former company that changed names ?
What it the out look for this new claim they have approval to mine?
Does anyone see any difference from last year, to this year, and will the shares jump more so, even higher, based on this new mining venture with approval ot mine the barkerville mountain?
My concern is the limited time frame to run the operation of mining on a year around basis, due to the winter region its allocated in.
Appreciate any advice.. on these questions.. thanks
QUESTION an ANSWER....
If, yes if, the present financing does not go through? What then ?
Should management not seek, normal financing?
Its quick, its not toxic, not any more than whats offered right now , especially with the share structure given to the finder of financing and to the financier?
Honestly, its no different that whats on the table right now?
Has anyone not read the present agreement?
Sound like typical financing to me,, with interest, shares, and rights to call some of the shots, in leading the company....
Tell me if im wrong.. but i think its definitely A typical run of the mill, financing.
Yes REED, wonderful job, in keep the moral upbeat. Keep up the good work ! Mt message got cut off for some reason, and it should have ended saying,, thank for your incredible insight and positive attitude.
REED: I detect... that you're sitting on the fence.. appeasing shareholders... and.... the company... BONZ.
Hats off to you, for positioning yourself in the middle as a moderator...
You must know something that we all of dont.
I guess we all have to remain confident like you. wink !
As in reviewing your postings, suggests all should hang in there.. and that with your select choice words over the past few weeks, speaks a confidence that says something's brewing and it may happen this time round.
Sorry to be so analytical, but its a habit. lol
I guess we all have to accentuate the positive, and hopefully soon... something will peculate to reward everyone's lengthy wait time.
i hope with this up coming visit, will finally produce a financing agreement. Thanks for your i
Where else have they looked? The last i heard, is that this is their only resource,,, they arent looking around anywhere else, as their ace card, is one of their own, Mr. Foo. and they've placed all their hopes in one man.
There are a lot of companies out their right now, that are getting financing, with similar comparisons, and BONZ'S main asset with out having drilled any core samples, is the adjacent mine of old.
Which speaks for itself.
So, in my opinion, i would get a standard small loan, enough to cover the costs of drilling, and get something concrete, that would speak for itself,.
A lot of financing companies want proof, before they dish out millions, they dont want hearsay, or speculation, of there was a previous mine next to us that did this much....
I guess if it were me, i would go for a few hundred thous. with reg financing... drill and be certain... and then on news of drilling... with good marketing, capture the profits from the investors/shareholders.
Then all the rights and control would still be in the rightful hands and not sold out to a larger financing company with a loss of control.
Just a thought.
You seem to be a very nice guy REED.
And honest too.
But, i guess my concerns are i hope valid.
The way i see it, the present measures taken ot seek FAVORABLE financing, are no different than other financing option.
Like most junior mining companies, its always about the start up capitol needed, to proceed forward.
So having said that, if one takes a look at other junior mining companies, and compares to the present agreement of this so called favorable financing agreement, i see no difference at all.
A. Bonz is wanting monies and is allowing shares to be offered as a trade off.
B. the Terms of the financing comes with interested owed.
C. A finders fee for sttting up the financing arrangement.
D. Long term rights from the financier ot call some shots, and have new board memebers sit in on the board.
E. ahres
unfavorable,,, shaking the owned shares...
e
There was a comment by solonaty.. a while back, that said the financing was in place?
POST 8863- Ut started off...
Just spoke to a friend of mine who told me...
I'll let you, comment on this, seems your in the know,, more than anyone else.. if this is true.. ill be buying more... way more...
I dont know whats so confusing, its pretty self explanatory?
Its a risk, investment, with odds not in the shareholders favor.
Look at the books, their in the neg. with almost a million, dollars of shares, that were only worth 35k and they were placed back into the company.
I'd invest more, if they took that superficial million, off the books.
But, it seems every company wants to be in the red, for more money in their pockets.
Even their wages incurred over the years???
Thats another topic.
Oh well, i hope the share price rises soon.
They need more news, good news.
Cross my fingers, hope for the best.
Thanks, Reed.
Love your caption, of famous words,, so true.
You gave me a chuckle,,, lol
Good man .
Who's the Rep that Denny knows?
And why would denny be going to the site along with the rep? Is he a major stock holder, or part of management?
And if its a few weeks from now, the rep, visits the property, would not this be past the current 90 financing arrangement?
And if the person in question, the said financier, that is visiting the site past the 90 day agreement, then another agreement would have to be drawn up, and that takes more time, which means more delays, and likely, more, desperate trade offs from the company, in option to the financier.
Thanks, for correcting, 6 oz. per ton. lol
I thought I'd point out his, error.
If in fact there was 6 oz. per ton on the site, well, lets just say it would be a find of the century.
But again i stress, there's been no drilling, no core samples, and the company is basing all their hopes in speculation on a former mine that was adjacent to it, and a few rocks on the ground.
Till they start drilling, and again it takes a lot of drilling to map out an area to know where exactly to mine and where the veins run, then and only then, will this said spider property be a viable mine. Showing a few surface rocks with gold with in them, is a far cry from real.... drilled core samples.... that show the precise measure's / lode, of gold that can be mined.
Perhaps they, should have offered shares in the company to a drilling firm as a trade off, to receive factual core samples, firstly.
Otherwise, its just speculation, and that can go along way, in the eyes of a shareholder, hoping for a pipe dream.
I'd rather see real evidence, and rel drilled core samples, that show the extent of the gold and its depth, in which its runs.
And they haven't gotten to that stage of the game yet.
6 oz. per ton? I dont think so.... lol
who came up with that figure?
This would be the largest gold find of the century, remember everyone.. there hasnt been any drilling to truly verify, if in fact there is enough, gold to support a mine.
Its all speculative, based on a few select rocks of choice, that showed gold. Proof will be when the equipt. comes in, and they start mining. But then again, if there was gold, who would know how much? Im sure all the stock holders wont be there at each end day inspecting everyone's boots. lol
A MUST READ! Favorable financing?
I've read the 10q and I've read the proposed arrangement of Bonz seeking financing with the preferred foreign company, but in all honesty, the FOREIGN proposal, IF in fact they do find Bonz financing, is not favorable.
This is an unprofessional opinion of course.
As the as the foreign company in question in which Bonz has placed all hopes in, will literally place directors on the board, and the payment terms are hmmm pricey, and not to mention the financier, will have three years of control? Bonz is in debt already, and the management and the financiers will have first rights to the monies made.
THE SHAREHOLDERS LAST.
What ever happened to the Colorado property?
50 k LATER, and its dissolved.
No property, lost money?
Why not retain the property, wait, and at a later date, work it out..
Wasn't the property placier grounds, easy to mine?
There's 50k pissed away..
And how about the shares that were, unlawfully sold out?
$2,900.00 PER LOT.
And on the books, they reported, it was approx. a million in losses? How can it be a loss when the shares were $2,900.00 per lot x 7 lots...(I THINK 7 LOTS FORGIVE ME IF IM OFF +/-)
That's only 35 k.... and the shares were placed back into the companies holdings? With a million dollar deficit?
I'd like the company, it shows promise, but it will take forever to show something of a profit, after all the debts incurred on the books, property costs, and payouts, and the financing which i don't think is in a favorable position for the shareholders. Its more favorable for the owners and for the management and for the financiers.
I think i would be more enthused with the company if they, retracted the near 1 million dollars in superficial debt, and entertained straight forward financing, which is no different than what they have on the table right now, and that they call favorable.
Again key word, favorable, to them not the shareholders.
Take it or leave it.... its just an honest opinion.
Hi Reed,
Thanks for the kind invitation.
How did you know i was referring to mike? lol
I guess it will take a few messages to get the hang of this, message board..
So how are you affiliated to BONZ?
Are you apart of the company, or associated in any way...
Or are you just a moderator?
So how deep are you in ?
How many shares?
When do you expect a turn around, and are you certain about your third quarter prediction?
This stock seems pretty dismal, but do you know anything pertinent, ( something hopeful ) that makes you think otherwise?
Look forward to your reply.