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Re: None

Monday, 04/16/2012 12:45:22 AM

Monday, April 16, 2012 12:45:22 AM

Post# of 163053
From our latest news from 27th March 2012, http://ih.advfn.com/p.php?pid=nmona&article=51786210:

"Management will be taking several actions over the next 2 weeks to enhance shareholder communications and updates as the process of developing its claims progresses. The development of mining claims is an involved process with many steps, which at times could be confusing or misleading (good or bad) to the shareholders of the Company. Therefore, in addition to expanding the Company's social media presence and communications, the Company will be updating its website with general information regarding gold and the mining process. A blog and regular postings to the site will keep the shareholders informed as to how and where the Company is in that process"[,]the first paragraph under Shareholder Communication.

I finally got around to cross checking it with WSRA latest news, which was released on 31st March 2012, http://westernsierramining.com/ShareholdersReport33012.pdf, to see if there is more in-depth informations that might unravel the mysterious of no new last week and to see what correlate between WSRA's news released from then to 27 March 2012 GDSM 's news release, and this is what if found:

"Most of the first quarter was spent at our work in evaluating a major private placer property in Central Arizona. The first part of the evaluation is complete and the final report should be submitted to the client in the next two weeks. Discussions are underway to determine the next steps in the development process and if further geological examinations are warranted"[,] under Outside and Independent Evaluations for Others.

The reason why I found this in important because to me this explain why we did not receive news when expected by basing it on the GDSM 27th March 2012 news, first quoted statement above. Because basing from that date to the coming news within two weeks would have been last week, or 7-10 days would have been between last Tuesday to Thursday; however, expecting news to be coming then would be wrong, we all found that out, and would have been realized ahead of time if we looked into the mention of WRSA news released on 31st March 2012, the second quoted above. Concluded from that and factoring in the stock market being closed on 6th Friday 2012 then two weeks from 31st March 2012 will land us in this coming week of 16th April 2012, or using the 7-10 days will give us a time frame between 12th April 2012 to 17th April 2012, 17th April is a Tuesday.... So, this week in the very least from the facts mention here it lead me to believe this is the week of news. If anyone know of anything else or found contradiction, based on fact, please mention it.



Also, about the recent activities that I believe $b_rich$ mention he has seen there on passing through his town I believe it is for us too. Because from reading WRSA 's news released from 31st March 2012, they mention setting up a 24hr goldfield processing plant that was recently purchase:

"We have completed the major portions of the re-work at the Gold Basin mine. We have stock piled a small amount of ore so as to be able to run the small plant as necessary. We have purchase a 25 yard per hour Goldfield processing plant and hope to have it relocated to the property during the second quarter of 2012"[,] stated under Gold Basin.

"We have entered into an agreement with Gold Coast Mining to develop the Gold Crown and GS-1 to GS-4 placer claims in Skull Valley, Arizona. Under the basic terms of the agreement, Gold Coast has committed to a 9 month budget to provide the information necessary to and targeted at preparation for putting the property into eventual production.
We have recently completed a complete physical survey of both the State and BLM properties on the ground and will begin hand sampling and initial permitting during the second quarter of 2012. Some additional work on GS-4 will also be completed in the near future along with aerial photography.
During the second quarter, we will endeavor to identify specific sample sites and procure the necessary permits and property outlines
"[,]stated under Gold Coast Mining-The Gold Crown Group.