Western Sierra Resource Corp (WSRC)

[amateurinvestor]

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.