SureTrader Nadex Advertisement Interactive Brokers Advertisement SureTrader
Home > Boards > US Listed > Mining/Resources >

Comstock Mining, Inc. (LODE)

Add LODE Price Alert      Hide Sticky   Hide Intro
Moderator: wshaw14, lester12483
Search This Board: 
Last Post: 5/17/2017 7:14:08 AM - Followers: 244 - Board type: Free - Posts Today: 0



Invest in American gold mining company with resources of over 3.2 million gold equivalent ounces on just 10% of explored land holdings in Nevada!

About Comstock Mining Inc.

Comstock Mining Inc. is a Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock District. The Company began acquiring properties in the Comstock District in 2003. Since then, the Company has consolidated a significant portion of the Comstock District, amassed the single largest known repository of historical and current geological data on the Comstock region, secured permits, built an infrastructure and commenced surface mining production in 2012. The company is currently evaluating and planning for underground production to begin in 2017-18.

The Company continues acquiring additional properties in the district, expanding its footprint and creating opportunities for further exploration, development and mining. The near term goal of our business plan is to deliver stockholder value by validating qualified resources (measured and indicated) and reserves (proven and probable) of at least 3,250,000 gold equivalent ounces from our first two resource areas, Lucerne and Dayton, achieve initial commercial mining and processing operations in the Lucerne Mine with annual production rates of approximately 40,000 gold equivalent ounces and significantly grow the commercial development of our operations through coordinated, district wide plans that are economically feasible and socially responsible. Auramet International Inc is the buyer of the gold and silver mined by Comstock Mining. The company mantains very low debt and is a prime target for acquisition. GF Capital based in Manhattan recently invested $10.7 million dollars with of working capital into the company.

Comstock Lode History

The Comstock lode district is profoundly historic in that over 400 companies were once involved in a booming mining supply chain, with over 230 mills operating in the district. The area produced almost 200 million ounces of silver and over 8 million ounces of gold in the late 1800s and early 1900s. It was cosmopolitan in a very big way, with the establishment of Virginia City, Silver City and Gold Hill. Nevada and the Comstock played a meaningful role in the Union winning the Civil War, and that facilitated statehood for the Nevada territory.

The boom turned to bust when the old timers stopped mining, and because the claims were so fragmented it was difficult for modern techniques to get traction. There has been some form of mining on the Comstock lode every decade since then, but it wasn’t until we started consolidating the claims in the district that a true, sustainable return to modern mining proved possible.

Since 2003, we have consolidated over 8,000 acres of land, all under one company, representing over 10 square miles. I think that’s what’s most unique — that we are the first company to truly consolidate substantially all of the Comstock under one roof.

Coincidently, we started consolidating all of the available historic data. There’s been so much history and so much previous activity, but it was never effectively consolidated or coordinated. We were able to build on that, combining the history with additional modern techniques like geophysical data analysis, metallurgical analysis, current surface mapping data and prior drill data all into one three-dimensional, geostatistical model. Those efforts resulted in a significantly longer definition of the district, at least for the mineralized strike, from over to 2 miles to almost 6 miles in length, and ultimately, to new discoveries in the center and the southern parts of the district.

- CEO Corrado DeGasperis    NYSE TICKER SYMBOL (LODE)

Recent Drill Results Lucerne Underground
Comstock Mining Announces Best Intercepts and Widths To-Date
Lucerne Underground Intercepts 0.429 opt Au (14.72 g/t) 1.217 opt Ag (41.73 g/t) over 37 ft (11.2m) - See more at:
Comstock Mining Announces Additional High-Grade Intercepts and Succor Breakthrough
Intercepts 0.823 opt Au (28.23 g/t) over 36.5 ft. and separately 7.500 opt Ag (257.11g/t) over 5 ft. - See more at:
Comstock Mining Announces Additional High-Grade Gold and Silver Intercepts 
Intercepts 0.391 opt Au (13.39 g/t Au) and 1.635 opt Ag (56.06 g/t Ag) over 40 Feet! - See more at:
Comstock Mining Announces Multiple High-Grade Gold and Silver Intercepts
Intercepts 1.269 opt Au (43.50 g/t Au); and separately 7.100 opt Ag (243.40 g/t Ag); both over 5 Feet - See more at:

Recent Drill Results Dayton Resource Area
Of the 408 holes drilled, 245 contained intercepts of 10 feet or more in length with gold grades exceeding or equal to 0.015 ounces per ton (opt.), and with an overall weighted average grade of 0.035 opt Au and 0.323 opt Ag. Out of those same 245 holes, a total of 32 contained intercepts of 10 feet or more in length with an average Au grade exceeding or equal to 0.100 opt Au., and with an overall average weighted grade of 0.148 opt Au and 0.694 opt Ag (Table 2). - See more at:
Table1 and Table2 near the bottom of the page in this link.

Recent News Releases 





 Comstock Mining Announces Listing on NYSE Amex : Ticker (LODE)

Jun 8, 2011 16:10:00 (ET)
VIRGINIA CITY, Nev., June 8, 2011 /PRNewswire via COMTEX/ -- Comstock Mining Inc. (the "Company") announced today that its common stock has been approved for listing on the NYSE Amex LLC ("NYSE Amex"). The Company's common stock is expected to begin trading on NYSE Amex under the symbol "LODE" on Friday, June 10, 2011. 

"We welcome Comstock Mining, Inc. to the NYSE Euronext family of listed companies and to NYSE Amex," said Scott Cutler, Executive Vice President, NYSE Euronext. "Comstock and its shareholders will benefit from superior market quality and technology, a broad array of issuer and investor services, and a global brand association. We look forward to building a strong and lasting partnership with the Company and its shareholders." 

The Company received its initial clearance letter on May 26, 2011, completed certain administrative tasks, including interviewing and selecting J. Streicher & Co., LLC as its Designated Market Maker, and final acceptance for listing on June 8. 

"Our clearance and acceptance onto the NYSE Amex marks a key objective of our corporate strategic plan. We believe this listing will raise our investment profile among a broader range of investors, improve our stock liquidity and increase our visibility with current and potential investors. We are extremely pleased to be a part of the NYSE Amex and affirm our commitment towards the highest level of corporate governance for our shareholders," said Corrado De Gasperis, the Company's President and Chief Executive Officer. 

Comstock Mining: Rich History, Even Brighter Future - October 27, 2014

Comstock Mining Announces 2014 Year End Results - January 29, 2015 NEWS






Contact information for Comstock Mining Inc.

P.O. Box 1118
Virginia City, Nevada 89440

Main: 775.847.5272
Investors: 775.847.0545
Fax: 800.750.5740

Corrado De Gasperis, President, CEO

 Independent Analysis:

Bob Moriarty, 321gold (10/29/10)

"Where over 400 different mining companies once fought to extract high-grade silver and gold ore from the Comstock Lode in Virginia City, Nevada, one company exists today. . .Comstock Mining. Catchy name and no one is going to forget it anytime soon. This company is going to be the Diamond Fields of Voisey's Bay fame. That was the giant find in 1993 that lit the market on fire. The project was sold in 1996 for $4.3 billion. This is the big Kahuna. This is the company that is going to ignite the junior market in this cycle. It will be sold for a lot more than $4.3 billion when it hits the auction block.

Comstock Mining is going to change the mining business in the United States and North America. Maybe the world. John Winfield is self-made. He's rich already and he's not married to doing things the way they have always been done. I went to meet him and his team. He had never heard of either Diamond Fields or Voisey's Bay. That's a good thing. He can think for himself. . .I love the company. This is going to totally change investing in gold and silver stocks. It's a real mining company run by real mining people and it's going to make a lot of people rich."

   Andy Hoffman, Travel Dispatch (03/07/11)

"Comstock Mining has done what most industry observers thought impossible-consolidate claims from one of the most famous silver and gold discoveries in history with over 6,500 acres of property. . .and from what I saw, it would come as no surprise if the activity of the late 1800s Comstock silver and gold rush repeats over the next decade and beyond, only this time with ONE COMPANY controlling the ENTIRE DISTRICT utilizing modern mining methods and management."


 Roger Wiegand, Trader Tracks (11/30/10)

"We just read Robert Moriarty's review of Comstock Mining Inc. We do not normally recommend OTCBB shares but this is an exception. . .visit to read Bob's fine report, Rebirth of the Comstock Lode.

Comstock Mining is trading this morning at about US$3.27. There are 18.9M shares outstanding (90M upon a conversion). . .We have wondered for many years as to why this mining camp had not been reopened. The 321gold story will explain why. Primarily, the property was tied up in extended litigation for many years but has now been resolved. 

We recommend buying the shares for the longer view and do not expect to recommend trading in and out on this one for numerous reasons. That could change, but we don't think so. We recommend buying the shares with no stops. Tuck this one away for the primary upside in the gold, silver and commodities cycle that we think will last many more years."


 Live New York Gold Chart [Kitco Inc.]  Live New York Silver Chart [ Kitco Inc. ]

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
Current Price
Bid Ask Day's Range
News News Alert: Comstock Mining Completes State Route 342 Realignment 05/23/2017 06:45:00 AM
#21187  Sticky Note $10.37 is fair market value right now for lester12483 03/08/17 11:12:45 PM
#20448  Sticky Note These are some impressive assays. The title is wshaw14 05/02/16 05:56:38 PM
#21294   Better LODE up now before they announce a lester12483 05/17/17 07:14:08 AM
#21293   Volume picking up. Good sign. We need to lester12483 05/15/17 11:27:42 AM
#21292   This is all good news. This company is lester12483 05/13/17 04:11:20 PM
#21291   Comstock Mining Progresses Strategic Activities phx85 05/12/17 12:22:02 PM
#21290   I've heard rumors and desires expressed... this is maxbet 05/12/17 09:43:28 AM
#21289   JV should be announced this quarter. stocktrader1 05/11/17 11:57:17 PM
#21288   Haven't? we heard all this before? I realtorwsm 05/11/17 09:38:26 PM
#21287   "So we're very happy with the fact that maxbet 05/11/17 01:23:17 PM
#21286   "We've already accelerated these venture discussions -- these maxbet 05/11/17 01:17:48 PM
#21285   "Just to recap it, we value our mineral maxbet 05/11/17 12:27:01 PM
#21284   This page could use some updating. Just a suggestion. maxbet 05/10/17 01:43:28 AM
#21283   Thank you. maxbet 05/08/17 10:10:33 PM
#21282   Edited Transcript of LODE earnings conference call or baystock1 05/08/17 08:57:03 PM
#21281   It was long overdue. Corrado needs more good lester12483 05/06/17 10:45:18 AM
#21280   I'll give you that one Lester, the call stocktrader1 05/04/17 11:57:04 PM
#21279   In the conference call it was announced larger lester12483 05/04/17 06:12:14 PM
#21278   LOL. WHAT A JOKER YOU ARE!!!! resourceinvest 05/04/17 11:37:46 AM
#21277   American bulls says stay short, ouch! calahan67 05/01/17 09:44:52 PM
#21276   Large hedge funds are buying up shares from lester12483 05/01/17 05:08:06 PM
#21275   Load of manure is down to .18 now. gesssh JB3136 05/01/17 04:15:01 PM
#21274   That's good news. But they need to do lester12483 04/30/17 03:12:16 AM
#21273   Actually the company has shifted again. Their first baystock1 04/28/17 12:02:48 AM
#21272   The price is cheap given how much gold lester12483 04/27/17 03:05:38 PM
#21271   Really!!? Now it's cheap. You have been saying resourceinvest 04/27/17 12:15:00 PM
#21270   Shakeout of retail investors continues. Large firms still lester12483 04/27/17 10:22:29 AM
#21269   CONFERENCE CALL, May 4, 11AM ET lester12483 04/26/17 05:34:49 PM
#21268   You're not "listening" to the right people. If rickybobby34 04/25/17 10:18:11 AM
#21267   been watching for a long time and want calahan67 04/22/17 06:00:57 AM
#21266   The company shift to underground mining. These things lester12483 04/21/17 11:25:32 PM
#21265   Besides the country risk with Mexus, much much baystock1 04/21/17 03:42:59 PM
#21264   Sorry, but yes the good ones have already stocktrader1 04/21/17 02:27:11 PM
#21263   :-( yeah no doubt.. sigh..there doesn't seem to JB3136 04/21/17 01:46:21 PM
#21262   Why don't you give the company a call? stocktrader1 04/21/17 01:39:40 PM
#21261   Upon closer inspection, April 2017. (First and last images) maxbet 04/20/17 05:09:57 PM
#21260   Thats an awesome link!! Thanks. Do you know maxbet 04/20/17 04:16:58 PM
#21259   Comstock Mining has done a fantastic job of realtorwsm 04/20/17 01:17:55 PM
#21258   How low is this going to go? every JB3136 04/20/17 12:01:59 PM
#21257   They still own the hotel. It is phx85 04/20/17 06:42:54 AM
#21256   Belgie only one problem with that theory. If stocktrader1 04/19/17 09:31:59 PM
#21255   Has anyone considered the possibility that Lester is Belgie24 04/19/17 07:08:36 PM
#21254   Wrong again. When are you going to give resourceinvest 04/19/17 06:33:32 PM
#21253   Glad to see that you read the article stocktrader1 04/19/17 10:06:16 AM
#21252   The land sale to Google was huge. The lester12483 04/19/17 06:39:43 AM
#21251   Wow this company is really pathetic. The stocktrader1 04/18/17 10:59:53 AM
#21250   Unfortunately once a company has lost credibility like baystock1 04/14/17 06:45:58 PM
#21249   If Corrado did a better job at PR, lester12483 04/14/17 09:38:56 AM
#21248   Very good summary on LODE. I believe there wshaw14 04/13/17 11:15:43 PM
#21247   Lester - I'm not wrong. I'm realistic phx85 04/13/17 07:06:34 AM
#21246   You could not find a more highly educated rich2 04/11/17 10:21:01 PM
#21245   Thank you for the concise explanation. maxbet 04/11/17 09:14:14 PM