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probably because thousands of people sunk thousands of dollars each into the stock based on information provided to the market by the company itself --- and then subsequently the company and it's leadership / executives / management did not follow through with the work they spoke of and brought no value to the shareholders and the stock has tanked. lots of bag holders here --- sometimes they don't just shut up about it. that's probably some of the reasons people keep talking about it,
See Bernie Madoff. Many scammers take it as far as it can possibly go.
that's been the rumor for more than a year now. So I'd say that's unrealistic at this point.
Can anyone verify this info beyond the claims made in the filings?? Thanks for sharing BTW.
QUOTE:
"Operations / Activities 2020 -2022
During the work season, April to November, Company personnel investigated a gold mine on the North end of the Mother
Lode in California with a view to putting the previously mined leases back into production. While examining the workings
and records and reports of the previous operations { which produced approximately 400,000 ounces in total dating from the
late 1800s to a few years ago ) the Company realized that there was a strong indication of a similar amount of gold yet to
be mined. With a drilling program targeting the known reef & vein system the potential was even greater. The Company
Chief of Operations, Mr. Girvan Jackson, says the orebodies would be able to produce many years of economic grade ore
by using modern mining techniques and machinery such as declines to quickly access the old workings and new ore
positions. Mr. Jackson has sunk about 20 declines around the world and brought most of them to a conclusion under budget
and before schedule. The Company has extended the option and pending the outcome of funding arrangements plan to
commence operation by July/August 2022. All Permits to mine and extract metals are current and only a few months will be
needed to bring the operation to production status."
Quote:
"Joint Venture
During calendar 2019, the Company entered into a 50 / 50 joint venture with Murphy Noble Metals Inc and their major
shareholders, of Boise, Idaho. The purpose of the Joint Venture was to carry out an examination of all available data on the
claim block, which included the access to the Sinker Tunnel and the gold & silver extraction services of the Mill Facility
located on the Silver City Road. The appropriate technical mining personnel were engaged by The Company to carry out
these investigations and submit their various reports. These included two geologists, a metallurgist, a mining engineer and
their support staff. A significant part of the work program carried out included the mapping, sampling and trenching of the
northern section of the Oro Fino vein which yielded a favorable set of results which have already been published. Based on
these results and subsequent geological evaluation, a diamond drilling program was laid out to further define the mineable
ore with a view to begin surface mining in the 2020 season.
A suitable drilling contractor was located for this program late in the 2019 season but was not able ultimately, to start the
drilling before the season closed due to the onset of cold weather.
After the close of the work season in 2019, Murphy Noble Metals Inc and the Company Ltd negotiated a dissolution of the
Joint Venture where the Company receives a Net Smelter Return (“NSR”) for ten years from the mining operations of Murphy
Noble Metals Inc and any associates, on the aforementioned mining leases, patented claims and associated surrounding
staked claims.
Ruby Gold Mine
During the year 2021, the Company has carried out their due diligence investigation on the Ruby mine as well as research
on seismic survey and other methods of geophysical interpretation with our Geology team.
In October, 2021, the Company has reached an Agreement in Principle with a financing group who will provide funding for
the acquisition of the Ruby Gold Mine and the full development of the mining program. This funding is being formulated at
present and will be released to shareholders when completed. This group will convert some of the funding to equity during
the repayment period. Discovery is presently current on all option payments on the Ruby Mine agreement.
Forget Zambia....
Ruby Mine Lease --- anyone know if it exists with DSCR being the lesee? If so, please confirm here if possible,
Thanks.
no worries, I/m just a share holder who's realized over time that this company is a shell of nothing but bad information, a cheap/free websites, owns no mining equipment, has no employees and has no money to mine gold or run a business or file proper paperwork to the SEC lol. Unless Russel hits the lottery and dumps his winnings into leasing/buying equipment and hiring the right people and starts mining... I can't fathom how this stock brings any value in the future????
I own several websites and designed them and it's basically free to do aside from $100.00 to host the site. This is supposed to be a coherent point that would show value and/or future value for DSCR?????????????????????????
HOLY SHIT?!?!!?? HAHAHAHHAHAHAAA
You and a few others are bullish on DSCR here. As a shareholder myself I'm trying to be bullish as well, but cannot find a single coherent reason to be bullish on DSCR at this point based on the last few years. Share some of your optimism and any reasons why you should be optimistic aside from "hope springs eternal" mindset.
I'm sure I speak for many shareholders on this lol
JZZ has virtually the same trajectory downwards as DSCR over the past several years. How could this help DSCR?
So you for some reason believe this can possibly gain in value? what factors would drive you to that conclusion? As a shareholder I'm certainly curious to hear such calculations.
At this point the whole stock and community is just hilarious. endless months of purgatory life here lol... where O' where will this finally end?????
$DSCR BROKE$
if the stock jumps to $.25 that will be a surprise.
The company has no trust from the market, no money, no equipment and no plan to generate revenue. Not very good components to attract investors.
do you think this stock is able to come back to life?!?!?? if so, I would love to see you explain that and provide a train of logic to get there.
I'm def all ears on that!
that's been avoided for nearly 2 years now.
Not sure who or why there is accumulation at this point. The company owns no assets, has no mining equipment, never paid back the DSC coin money and the CEO and apparently sole employee of DSCR has been in hiding for months and months. The SEC says they are months behind in filing proper paperwork and these are just the major negative components that are easily verifiable, I guess a maniac would buy this stock now lol, but who else?
all those clowns took off in the middle of the night with the rest of the cheerleading circus. As a bag holder I feel foolish but I'm a bit wiser now.
not every stock in trips has the egregious track record of DSCR management and it's pattern of failures. keep things in perspective.
BEWARE THIS STOCK DSCR. Company has failed to provide any relevant information to it's shareholders and to the FEC in any reasonable time frame for more than a year now. BEWARE.
when I consider the fact that the vast majority of operationally sound companies on the exchange with far greater work loads, far more people to manage, huge assets, endless paperwork, products, deliverables etc... they all get their butts in line and do things right so they don't get trading halted ---- EVER ---- and in comparison the guy running this company seems like Billy Madison at best. I'm already stuck here and waiting it out, but others should know the buffoonery that's been happening for years here before they jump in the low end face first. IMO.
GLTA
this will be flip city for quite some time going forward. Mostly for those with big pockets looking to make some extra scratch. but there is nothing in the short-term outlook that shows this will gain any value based on company leadership or verifiable information on what they are even doing the past 9 mos or forward looking. sit and wait for many of us.
who says it's the owner's money?? they could be putting minimal $$ in to an accountant and attorney etc... and push out some phony PR and get a bunch of people to dive back into this stock. there are multiple guys on this board (being truthful or not) buying up all they could while this thing has been in the basement for a year + now. why would those people be dumping money into this thing? The lottery ticket mentality. So a professional conman/conwoman will do anything to perpetuate a scam if he/she can continue to generate revenue for themselves in any way shape or form. I don't get scam artists either but there is an abundance of them in the stock market today.
this board is pretty dead right now... very few people have had accurate information here for the past few years so take everything with a grain of salt. as far as we can see, the company has been putting out inaccurate or incorrect information to shareholders for an extended period of time with little to no communication to the shareholders or the SEC to help correct the issues. The proper paperwork to keep it current and in good standing has been missing for months and months at this point. In recent weeks, crumbles of information have alerted some people that this stock may show some life again by getting current with its filings. But to date nothing has been verified about the company or the people allegedly running it. That has caused the bottom to fall out and not return. Do your homework on this one --- or take a long shot lottery ticket like many of us have. GLTY.
correct. in this case I assumed the company was on the up and up and that it would break several pennies based on the information available in the market place and what was being parroted on this board. sadly the company crumbled and fumbled after the first bull run it had and now I'm holding a bag of worthless shares lol. since that happened I just don't want to be on this board as a purveyor of false hope or sharing unverified or bad information as many others have been doing here for the last year. If Russel Smith is a real person and he's working on getting things in order here again, maybe my worthless shares will become something some day. Hence the $DSCR Long I still hold to. As always I could be wrong as I was when I bought this and didn't dump it in time. Now I'm holding for the lotto results like many others. Best of luck on flipping these, I don't have the time to do that as my daily bandwidth is spent in another industry generating revenue.
this claim is like the Nigerian prince who's leaving money for you lol. be sure to send the wiring instructions to your bank accounts and buy lots and lots of shares.
$DSCR Long.
there will be cheapies forever unless DSCR verifies they have piles of gold from the mining operation. we need to take some odds on when/if that will happen and make this hold interesting again lol. $DSCR LONG!
I get that 100%. IT's why I got in. But now that all the info on this stock has played out, what would be the attraction to get in now??? We know they aren't mining. We know they have no assets. We know the CEO is a huckster. I didn't know those things when I got in 2+ years ago.
For those of us who are stuck in this stock having bought in years ago on the original hype and false mining information... why would an investor buy in now / going forward?? The company has no verifiable proof of mining and they don't have any proof of gold production from the alleged mining operation. DSCR doesn't own the mine, they own no property and they don't have any assets in their financials to bolster the value of the stock. So what would attract new investors after this track record of failure and dereliction of duty by the CEO? Would they buy purely on the speculation that this company may mine at some point and that they may find gold in the future? Or will they buy purely on the hype found on boards like this?
so you think boom by... October? December? January 2023? Based on the historical timeline this company has operated on, 2023 seems more realistic before any mining results are shared with the public. As always I could be wrong.
wow that quick huh?? OK good. If the company starts mining and releases verifiable information on the mining results being good, this stock can once again have life in it.
do you think this goes pink before October?
Will this stock return to a penny by August 2022?
if the company shows ANY EVIDENCE of mining and producing gold, that would be a BIG STEP in the right direction. Until then it lives with the scam moniker for all the right reasons. For those of us who are heavy into this, we all want to see a reversal of this company's decline but transparency and honesty by Russell are the only ways to reverse this now. Too many insiders have been following for too long now.
Agreed! lol
when this gets to $.03 wake us up lol. $DSCR GO!
Should the alleged attorney letter be posted w/ sticky note??
If they get current and the OTC removes all the warning labels for DSCR... the market will move this stock upwards, but minimal IMO. Until they actually mine and extract gold I don't think this goes anywhere which could be many more months ahead. As everyone keeps saying, it's a lottery ticket. Perhaps now the ticket will at least be legit again.
Stay tuned.
is there evidence they will???
Looks like May it will be.
The Democrats could have solved this in 2008-2010. They didn't. They could have solved it again in 2020-2022. They didn't.
#patterns