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Speculation it is and Morgan has been very quiet as to who it is. But no matter, the pps will rocket when the PR drops.
There are two possible choices to consider: CTR and Lilac Solutions. CTR seems more likely because of the tweets from Morgan about GM and CTR in the Salton Sea area. However, Lilac is also a choice because of their technology which CTR uses in their projects. Both are private companies. So it's a guess which one.
The next PR will be the audits are completed. After that it's rock 'n roll.
Who is George Sharp? I'm new to this board.
$WSRC
Quarterly Report Filed
http://otcmarkets.com/financialReportViewer?symbol=WSRC&id=296086
https://www.cthermal.com/about-us
Lilac is a consultant to CTR. So CTR is using Lilac's technology.
https://www.cthermal.com/latest-news/gm-secures-sustainable-us-based-lithium-supply-in-part-from-controlled-thermal-resources-for-next-generation-ev-batteries
CTR has formed a strategic investment and commercial collaboration with General Motors.
Either way the RM will be huge.
The article was written in 2020 but it's right on. It's not really a teaser. It's a pacifier while we wait for that game changing PR.
What's the SEC number to call? Let's report these shady dudes.
From the August 3rd email:
WSRC Subscribers and Shareholders,
Overview of the Week
This coming week will be an important week for the Company .....
--->>>Along with this press release and a timeline, we will also be providing an ABOUT page on the website as well. This will entail the following: a brief overview of the company, a timeline of our projects, and the team. Look for the about page to be posted by the end of the week.<<<<---
Well, no ABOUT page is posted yet, so we know little about who all the players are.
Waiting for PR.
?
$WSRC
Let's call their office number and get some answers. I'm waiting for a call back since an hour ago.
405-209-5485
support@westernsierraresource.com
That's a huge drop in pps. PR should be out soon. Hopefully by 8am PDT. We'll see if the numbers bring on the volume.
https://westernsierraresource.com/projects/mining
The company website definitely does say that the Sage Hen claims will be 100% owned by SSMG. This expresses a future action to acquire them. The June 30th PR stated that Treadwell & Kay are principals in these claims which may or may not be true depending on where they are at in process of recording them at both the state and federal level. Currently, federal level indicates no action. Who knows if there is state action at this time. It implies there might be. So not knowing these things creates skepticism.
Time will bear that out. Lol.
Yeah, the 4th of July in August! Goooooo CUBV!
As of this morning all the Sage Hen mines are still CLOSED!
So the LIE continues!
It's in our backyard now. Soon is the word.
https://westernsierraresource.com/releases/western-sierra-resource-corporation-acquires-majority-ownership-of-silver-state-mining-group-and-the-sage-hen-mine-1
"Principals of the Sage Hen Mining claims, Andy Kay and Lonnie Treadwell, have maintained active mining claims for over 20 years based upon hundreds of assays over 20,000 acres of the trend. The Sage Hen claims are located near the Relief Canyon Mine in the Oreana Tend..."
Kay and Treadwell are not principals in the Sage Hen claims. Closed claims revert to the BLM. These claims closed in 2015. This means, until they file to reopen them, they are not principals. If they were then the BLM mine locator would show "pending" or "active" status. The current status is closed.
The PR is misleading. Treadwell was formerly a claimant until 2015 then he abandoned them all. This means anyone can file a claim to these locations. Re-read the PR. It says Kay & Treadwell are principals in Sage Hen. Not since 2015 and not currently. To make a statement like that on June 30th means the PR is misrepresenting actual facts. That's called fiction. It's true they can re-open them but so can anyone else. To state they are current principals is false. That statement is not true.
You can believe what you want but the PR is more about fluff than facts. Make investment decisions on real facts not fluff.
$WSRC
Thumbs up on that!
Yes. You are missing a lot. When mines are closed or not active they revert to the BLM. It means the lease is expired. Anyone can now reopen them. To claim that SSMG bought the rights to them from the owners is false. You can't buy what you don't own. They expired several years ago.
To claim that WSRC bought a 70% stake in SSMG doesn't give them rights to what SSMG can't own. It's not legit. You can look it up yourself on the link provided. Be aware of these facts and proceed carefully. Do your own research.
What difference does PR make?
The Sage Hen claims are all closed. I looked it up on the BLM mine locator.
It means WSRC has no active claims on the 640 acres. The 660 acres were not named so perhaps those are legit.
Either way there's bogus reporting happening here. In that area there are other active claims owned by Treadwell specifically the Krammer claims. Most of those are active ~32. So these might be the legit ones.
Caveat Emptor here with this company. Without source material that's legit, they have nothing. The mine report is based on those claims being legit. So take their numbers cautiously.
You can believe about half of what you read and little of what you hear. The video is very weak as well. It's a dreamers production with no substance to decide an investment on.
Be careful here! Good luck as well.
Here's a link to the BLM information:
https://t.co/GiSTjWvkPr*
$CUBV
"Our books are in the hands of the auditors. This may take a few weeks"
So figure near end-of-month or before the big reveal goes down and price skyrockets to new altitudes. We've got time to load up and "wait".
$$$'s coming! ??
WSRC
I don't think it makes a difference who made the video. Companies hire marketing businesses to do media productions all the time. When an entity has no experience at that they hire outsiders to do it.
What's important is the content provided by the company. It's obvious here that the resource material for the mining operation is not valid and does not exist for their business, if that is what it is (a business). No legitimate and active claims, no rights to video on those properties (by reason of trespass), no visible structures in place on those properties like an office trailer, no body of employees that are legitimately operating a mining operation, etc.
It appears to be manufactured to fit the PR.
That brings into question any other so-called project they claim to have underway. Like the water acquisition, hemp project, helium project, and whatever else is on their menu.
I am very skeptical about all of it. There is no reason at this point to not make a complaint to the SEC and OTC regarding this operation.
WSRC
https://mlrs.blm.gov/s/global-search/Sage%20Hen%20%23*
ALL of the Sage Hen claims in Nevada that WSRC says SSMG purchased from the owners are CLOSED. The above link connects to the current public record of the Bureau of Land Management-BLM. In the list of claims on the BLM site there are 39 claims total for the state by the name of Sage Hen #xxx that are placer claims. That means anyone can reopen them by filing a new claim. No one presently owns them or has lease rights to them.
Is this legit for WSRC and SSMG to do? Logically, the answer is no.
WSRC claims (pun intended) to have a 70% stake in SSMG which would give them access to these claims for company purposes. According to this information SSMG bought claims that are CLOSED and not owned by anyone. In other words the PR is not truthful. All BS, imo.
This information is fresh as of today. I think WSRC is lying in their PR. The video they published should have been for the ACTIVE claims they have legitimate access to. Where did they film the video location? On CLOSED mining claims?
I leave this information here for your indigestion. I am not happy with this discovery. Neither should you be.
https://mlrs.blm.gov/s/global-search/Sage%20Hen%20%23*
P.S. I setup an account with the BLM mine and research locator to get this information. You have to do the same.
WSRC
https://thediggings.com/owners/2272043
James C. Cousino has been a former owner of the Sage Hens Again claims which are different than the Sage Hen claims. His claims were lode claims and were closed in 2018. All 18 of them in the same area of NV. So he is familiar with the area for quite some time. The Sage Hen claims are placer claims. All of those are closed as well according to the thediggings.com website.
what did they tell tou?
Public records show the Sage Hen claims as being closed since 2015. Does that mean abandoned by owner or merely inactive? It could be one or the other.
Almost there!!!
How long does that take to complete? Does anyone know?
Checking on all the Sage Hen claims shows all of them are CLOSED from around 2015.
WSRC owns a 70% stake in SSMG. SSMG owns the claims & leases purchased from the owners. Hence WSRC has a controlling interest in Sage Hen. Ask SSMG CEO for the serial numbers to the claims. He should have all this data.
Once the pilot plant is erected and operational, 3-6 months to start proving the numbers. It's my guess.
I believe investors do not accept the mining report and video as authentic enough for them to stay in the company. It's just too unbelievable.
I believe the opposite. I've had experience with mines and mining operations. I am a lifetime member of the LDMA (Lost Dutchman's Mining Association) and the GPAA (Gold Prospector's Association of America).
What WSRC and SSMG are doing is extracting micro-gold and other precious metals from the surface materials using sophisticated chemical methods. Even leftover ores from previous operations that claimed only the visible metals can be utilized to extract the unseen metals left behind and that recovery is on a much smaller level. If you can't see the metals it doesn't mean they aren't there. The good thing about this operation is that the heavy capital expense for a traditional mine is greatly reduced. With all the mines that have tailings leftover extraction of the precious metals remaining is a doable game. Actually there's more treasure left behind that needs to be recovered. Even old mines that are shut down have tailing piles just waiting to be mined again. It's now easier the second time around.
So new technology capable of extracting the metals on a nanoscale is what drives this organization. Imagine the volume flow of material with corresponding recovery of the material on a commercial scale. Daily production of the precious metals realized and the projections published get validation. The projections are just targets to strive for. If it's there in the ground we'll see the results in a matter of months.
I think it is there in the ground. The professional report indicates it is there. The credentials of the assay company are real. The numbers add up. It's just a matter of time for the operation to produce the coveted metals.
No matter what others say or think, the WSRC operational activities are just getting off the ground. Read the mining report. Contracts and agreements have been executed. Equipment is being leased or purchased. Additional lands acquired (660 acres). Think of this as a startup operation. We must have patience as the story unfolds.
Stay in it or get out. It's the long haul that will prove the credibility of the company's vision and plan.
The video is to be posted within the hour of PR. It's in the email sent out to anyone who signed up for it. PR popped at 7am. So figure by 8am.
Management is confident that these advanced, proprietary methods and superb geological conditions at the Sage Hen Mine will translate to outstanding returns for WSRC’s shareholders.
More news on the direct financial benefit of this project to the shareholders will be provided in the Press Release that follows on August 10, 2021.
------>Press Release that follows on August 10, 2021. <-----
More to come next week!
$WSRC
BR*LL topped out at $235M to answer your question.
They're in geothermal energy. They have a project to produce megawatts of power and extract lithium as well. They tout themselves as a leader in this field. LILAC is one of many key consultants. Check out www.cthermal.com/about-us and scroll down the page to key consultants. LILAC is listed there.
Controlled Thermal Resources, CTR, is a possible contender for RM. Some of the same language is on their website. They are in Imperial Valley, CA. So whether it's LILAC or CTR or another company, this stock is going to boom into the future.
This company has no revenue. It is a shell company on a mission to become profitable. Lithium just may turn the company around. Big risk as to the success of this endeavor. See below. The company financials tell a lot about their economy.
https://backend.otcmarkets.com/otcapi/company/financial-report/291927/content
NOTE 6-GOING CONCERN
Certain conditions indicate the Company may not be able to continue as a going concern. The Company's costs have far outweighed the income since the inception of the Company. The Company's costs have been solely supplemented by additional investments in the Company and may not be able to be sustained. The accompanying financial statements do not include any adjustments to the financials statements that might be necessary should the Company be unable to continue as a going concern.
$CUBV
In at .0022, out at .0049
Caught the news at 3:31pm. Realized this was popping.
Got in 'n out for a nice profit$.
Tomorrow will be runner.
$INCC
Regardless of what the news reveals, unless there is significant to massive volume to push the price upward, I'd sit on the sidelines until it happens.
The news must be more than a progress report to move the price up.