WSRA BEING PUMPED
WSRA (Western Sierra Mining)!
Hello Traders,
WSRA (Western Sierra Mining) is our New Epic Pick!
Last Trade: .0023 SEC Filings . Latest News
Begin your research at www.westernsierramining.com
It's been roughly 3 years since we last covered WSRA . For those of you who were members back then, it would be impossible to forget the up to 700% GAINS it delivered that day! To say WSRA has a history of rallies would be an enormous understatement...
Since then, WSRA has seesawed with dramatic rallies and today trades at bargain sub-penny levels at .0023. Some would say it's time to put WSRA out to pasture or that the Street no longer cares about this company. Well, they're just not looking hard enough. But we are...
Not only does WSRA trade at sub-penny prices with a bottomed chart and insanely LOW FLOAT of just 82 mil shares (see here ), this company actually posted 1st Quarter PROFITS for the first time as far as we can look back on otcmarkets.com! Could this just be the beginning of a major turn-around for this Gold & Silver Mining company?
But it gets better! According to Yahoo! Finance, WSRA currently has a .04 BOOK VALUE! BookValue is calculated by subtracting liabilities from current assets and dividing by current outstanding shares.
To put it in perspective, if WSRA were to rally to it's Book Value of 4 cents from these current levels, traders would see an incredible GAIN OF 1,639%!!! Could this be our most undervalued play of all time???
Well, let's dig in...
SO WHO IS WSRA AND WHAT DO THEY DO?
Western Sierra Mining is a publicly traded precious metals and minerals mining company. Incorporated in Utah in 1907, WSRA enjoys a heritage of over 100 years in gold and silver mining and exploration. The company has over 1100 shareholders with an active and independent six member Board of Directors presided over by a Chairman who is the former CFO for Nabisco Foods, European Division and a President with over 30 years experience in mining and running public companies.
WSRA is primarily a project development company capable of taking a potential target mining property from exploration to production either for our own account or as a joint venture partner or operations contractor for others.
WSRA is dedicated to the creation of equity through the efficient extraction of gold, silver, and other metals and minerals at the lowest possible cost using all available technologies in the Western United States and Mexico regions.
AN INCREDIBLE TURN-AROUND STORY WAITING TO HAPPEN?
WSRA's financials have never been anything to write home about...until this year!
According to the company's most recent financials , WSRA not only booked $206,000 in revenues in Q1 but came out with a PROFIT of $142,000!!!
To put this incredible turn-around in perspective, WSRA only booked $90k in revenues with a net loss in 2012 which means that in only ONE QUARTER , the company saw a 128% increase! And if we look at 2011 in which the company only booked $9k in revenues, we're talking about a 2,100%+ increase in revenues!
We could only imagine what the rest of the year will bring and we're outright SHOCKED that the Street overlooked this! Couple all of this growth with the company's .04 BOOK VALUE and we could truly be looking at an unforgettable Epic Pick!
The company outlines their renewed concentration on providing an income stream + current & future projects and goals in their most recent Shareholder Report .
REASONS WHY WSRA MUST BE ON YOUR SCREEN NOW!
So let's recap here because we could truly be on the verge of an EPIC day...
1. Q1 Revenues higher than both 2011 & 2012 Revenues COMBINED + PROFITABLE!
2. Book Value of .04 - 1,639% HIGHER than the current price!
3. LOW FLOAT of just 82 mil shares means we could see big and fast moves!
4. Bottomed Chart trading at bargain bin Sub-Penny prices
5. Previous Winner: The last time we covered WSRA, it saw up to 700% GAINS
6. History of Rallies: One look at a 3 year chart will show this company can run big and fast
7. New Company Focus on Revnues: WSRA has brought it's Gold Basin Mine in Arizona to near production.
8. Fully-funded Azurite Mine now in testing with production anticipated to begin soon.
Problem - the Azurite is claimed to be owned by MISM!
9. Future Projects & Exploration: Company has hinted at potential joint ventures currently in negotiation.
Could WSRA prove to be a two-time TRIPLE-DIGIT WINNER for us? Make sure it's on your screen RIGHT NOW!
