Western Sierra Resource Corp (WSRC)

[rbtree]

Buyer, Beware...
A geologist friend emailed me this:

Holy crap, 840% gain…



Gold, silver, platinum, palladium and rhodium. And only detected by “enhanced recovery system assays”. There is no such thing…



$3.2B in annual revenue from a 1,100 ton/day plant. That’s $8.7M/day from 1,100 tons. That’s $7,970/ton. So, in gold equivalent, that would be 4.5 oz/ton ore. Sure…. And in Newmont’s backyard. This is not Carlin or BM trend, but Newmont’s got expln claims all over the area.

And why build a 100tpd mill if you’re planning to “immediately” scale up to 1,100tpd? That’s just dumb…



You know, if they’re talking huge revenue like that and there’s no quantities stated (tons, grade, drill defined?), it’s a sham….

And, there's more:

https://backend.otcmarkets.com/otcapi/company/financial-report/284690/content



Don Jenkins 5% Owner Prescott, Arizona 50,000,000 14.3%




https://asc.alabama.gov/News/2014%20News/2-21-14%20Jenkins%20AZ%20Plead.pdf

So, a sleaze ball geologist and a sleazy scam wannabe gold miner. Perfect....