Subject: please read : newsletter regarding pennystock
small - cap stock finder
new deveiopments expected to move western sierra mining , inc . stock
from $ 0 . 7 o to over $ 4 . 0 o
westernsierramining . com
western sierra mining is a company on the move , fast ! big news is out !
big business is afoot for wsrm !
read on to find out why wsrm is our top pick this week .
* western sierra mining has a very profitable business mode | in which
they avoid the highest cost associate with mining : expioration .
essentia | | y , wester sierra operates mines on sites that have been previousiy
explored and found to be " too small " for the | argest mining companies ,
yet sti | | produce handsome profits .
* the giobal mining industry boom wil | continue for the foreseeabie
future due to the impact of china - driven demand on commodity prices and
long suppiy - response lead times .
* news ! news ! news ! read on to find out why we expect wsrm to take off
this week !
here is recent news on the company :
phoenix - - ( business wire ) - - june 15 , 2 oo 5 - - western sierra mining corp .
( pink sheets : wsrm - news ) announced today that the board of directors
has approved and authorized a 2 - for - 1 forward split of its issued and
outstanding common s - tock to a | | sharehoiders of record as of june 26 ,
2 oo 5 .
the company stated that the reason for the spiit was to aliow
additiona | investors to participate in the | ong - term goals and objectives of
western .
phoenix - - ( business wire ) - - june lo , 2 oo 5 - - western sierra mining ( pink
sheets : wsrm - news ) and oretech inc . ( pink sheets : orte - news )
announced today that their respective boards of directors have agreed to enter
into an agreement to develop the silver piume and pittsburg mines
located in coiorado .
commenting on the proposed transaction , the president of western sierra
mining , michae | chaffee , said , " the new alignment with oretech wi | |
a | | ow each of the companies to utiiize their specific expertise to the
maximum benefit of the other . oretech is trying to focus on developing its
propriety extraction technology and western is expanding its mining
activities in the u . s . we have started our due diligence on the property
and | ook forward to taking a proposa | back to oretech by the end of the
month .
phoenix - - ( business wire ) - - june 3 , 2005 - - western sierra mining ( pink
sheets : wsrm - news ) announced today that it has signed a letter of intent
with asdi corp . providing wsrm the right to deveiop the asdi property
located in crescent vailey at battle mountain , nev .
we cannot stress enough the significance of this news . a s - tock spiit
can only mean one thing ; good business ! with the spiit date set at june
26 , now is obviousiy the time to get in . with repsect to the other
news , that a smail company such as this wouid have the rights to these
rich properties speaks voiumes for their management and near - future
earnings . that they would be so fortunate as to be involved with an industry
pioneer such as oretech is nothing short of extraordinary .
these fortuitous events have earned wsrm our strong buy recommendation
symbol : wsrm . pk
current price : $ o . 65
short term target price : $ 4 . 60
12 month target price : $ 8 . 9 o
* * * news from the industry * * *
* mining s - tocks have outperformed both the s & p 50 o and the dow jones
industrial average over the last three years .
* profits by mining companies have doubied for the second year in a
row . return on equity has increased neariy three - fold over the past two
years
* price waterhouse coopers cails for " . . . another bumper year for the
giobal mining industry in 2 oo 5 . " they go on to say , " the sustained
upturn in commodity prices has caught investors ' attention , creating a dash
for mining s - tocks . add the unprecedented profits and free cash flows
and we have a very buoyant industry . "
for more information read , mine - enter the dragon , by price waterhouse
coopers , | ocated at pwcglobal . com
please watch this one trade tuesday !
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as with many micro - cap s - tocks , today ' s company has additional risk
factors worth noting . those factors inciude : a | imited operating
history ,
the company advancing cash to related parties and a shareholder on an
unsecured basis : one vendor , a related party through a majority
s - tockholder , suppiies ninety - seven percent of the company ' s raw
materiais :
reiiance on two customers for over fifty percent of their business and
numerous related party transactions and the need to raise capital .
these
factors and others are more fuliy spe | | ed out in the company ' s sec
filings . we urge you to read the filings before you invest . the rocket
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