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Alias Born | 10/31/2008 |
Tuesday, May 08, 2012 9:59:18 AM
Listen, we ALL would love to be in a stock that skyrockets for no reason (if you get in at the right time). But, then you would see it plummet, R/S, and go into a different business or just go away.
There are many of those stocks out there.
The fact is MOST bought into this when the company made a transistion in Dec. 2011.
Some bought into the hype (logical, human)when it hit above .03 (which I still think in the long run will be an amazing buy).
But, I don't think people really read the filings and PR's and website, and facebook updates. They got out of it, what they wanted - TO THE MOON this month, this week, this day.
The facts are this.
This is a mining venture
Phase 1 is or has wrapped up and Phase 2 is in or about to be in progress
There has and will not be any change to the A/S (there might be for the O/S, as they will need additional financing (but will most likely be non-toxic, as they have stated).
There is a $3.5 Million Buyout option
There are warrants that WSRA can purchase at .10 and .15
There is activity at the site, as stated by BigTexMex and pictures posted on there pages
They are up on all filings
The float remains relatively low, as proof of how easily it moves one way or the other
If/When we get to Phase 4, and gold and other metals are pulled up without a change in share structure (if it does change, hopefully it would be with stock buy back), you will see this in the .50-$2 range depending on the amount and value of Gold.
Chill out, and just let it play out.
No reason to pump or bash the stock. It is what it is. A mining company that is trying to get off the ground. If it does, you will be very wealthy and happy. If it doesn't, you move on to another play.
All the best!
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