Western Sierra Resource Corp (WSRC)

[Zunobira]

Great Blog. I was actually wrong few months ago
when gold was resting at $13xx/oz. I thought gold could head back to $800. I now realized that gold probably at the half way (10 years so far) through its full bull cycle, and it could hit $2500/oz atleast in few years. I think the historic ratio between Gold and Silver which is around 35 will fall apart this time and could drop to 15 to 20 giving Silver much higher appreciation. Because Silver is now emerging with more industrial consumptions in various industries like Automobile, Solar, Electronics and others. At Gold $2500 and with a gold-silver ratio between 15 to 20, Silver could see $125/oz to $160/oz range.

So which precious metal plays are best to invest? I think the one which are going to be miner very near term or just started mining are the best one to invest. WSRA is poised to much higher gear with lots of positive news in pipeline. I believe it will be a multi-bagger very soon. This is a 100+ years old company with huge experience with decades of ups and downs in the industry. It will flourish heavily in this current gold bull market. Just mentioning another gold producer NWGC, they just started mining from Q4.

Hope to see a mega next week. WSRA to $0.05 soon.