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Comstock Mining, Inc. (LODE)

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Last Post: 10/21/2017 2:18:55 PM - Followers: 268 - Board type: Free - Posts Today: 5



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. Massive potential!

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. On July 26, 2017 the company announced it is finalizing joint venture deals with two larger mining companies.

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. ]

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#21533  Sticky Note $9.14 is currently fair market value for Comstock lester12483 08/03/17 09:45:58 AM
#21859   Have a good week NoMoDo 10/21/17 02:18:55 PM
#21858   Is been forming a bottom at 13 mojo joyo 10/21/17 11:08:42 AM
#21857   I’ve been showing that the stock has a NoMoDo 10/21/17 09:43:12 AM
#21856   Will see if by end of week it mojo joyo 10/21/17 06:09:54 AM
#21855   Nothing on the mining front is going to saildone 10/21/17 12:40:56 AM
#21854   I haven't been here a while. I NoMoDo 10/20/17 08:59:57 PM
#21853   hey I just saw a bagel somewhere in hitpaydirt 10/20/17 07:22:29 PM
#21852   if that happens gold will become worthless as JB3136 10/20/17 06:36:25 PM
#21851   Still at 13.wrong again no 10s.keep went mojo joyo 10/20/17 05:41:36 PM
#21850   at any other time lester I would agree hitpaydirt 10/20/17 05:13:33 PM
#21849   Gold will skyrocket if we go to war lester12483 10/20/17 04:39:46 PM
#21848   JB what happens to gold if we in hitpaydirt 10/20/17 03:49:11 PM
#21847   Oh wait....nevermind. Back down again. NoMoDo 10/20/17 03:13:41 PM
#21846   Stock is a break even now! Holy Cow NoMoDo 10/20/17 03:12:06 PM
#21845   The powers that be just refuse to take JB3136 10/20/17 03:10:02 PM
#21844   Well there we have it. The stock NoMoDo 10/20/17 01:04:04 PM
#21843   Get back in a few quarters.and you see mojo joyo 10/20/17 12:23:09 PM
#21842   Good by.hasta la Vista. mojo joyo 10/20/17 12:16:02 PM
#21841   You're correct. It's your investment. When this thing GaiusGracchus 10/20/17 12:13:44 PM
#21840   Naaa you both got it wrong.buildi1 a boottom mojo joyo 10/20/17 12:03:54 PM
#21839   My investment not yours. mojo joyo 10/20/17 11:37:26 AM
#21838   It's a guillotine. NoMoDo 10/20/17 11:17:34 AM
#21837   Good luck. Huge short and bear attack. Youre GaiusGracchus 10/20/17 11:16:20 AM
#21836   Loading LODE today. mojo joyo 10/20/17 09:08:47 AM
#21835   The following is about your JV partners CEO. wshaw14 10/20/17 03:27:34 AM
#21834   Lol, if TNGL is Comstocks idea of a wshaw14 10/20/17 02:23:03 AM
#21833   I asked because they just formed a joint donkeyguy1 10/19/17 11:05:55 PM
#21832   nice honest post. I personally would watch NoMoDo 10/19/17 10:22:10 PM
#21831   Like I stated in an earlier post, I NoMoDo 10/19/17 09:12:53 PM
#21830   Why is TNGL soaring and LODE isn't? donkeyguy1 10/19/17 06:10:56 PM
#21829   Be patient.this will go up at some point.but mojo joyo 10/19/17 03:18:10 PM
#21828   Nothing but straight manipulation here. Someone with a GaiusGracchus 10/19/17 09:50:02 AM
#21827   I don't know anything about the company besides NoMoDo 10/18/17 07:26:36 PM
#21826   Will see next week.I'm sure LODE has the mojo joyo 10/18/17 06:09:04 PM
#21825   Looks like we a graphical representation of what NoMoDo 10/18/17 05:01:10 PM
#21824   That happens in the other is forming mojo joyo 10/18/17 03:47:01 PM
#21823   I was just sitting here listening to Bruce NoMoDo 10/18/17 02:21:56 PM
#21822   Load on LODE mojo joyo 10/18/17 02:02:50 PM
#21821   or this one: NoMoDo 10/18/17 12:48:39 PM
#21820   mighta missed this post: NoMoDo 10/18/17 12:46:42 PM
#21819   Now is 8s.jaja.keep trying mojo joyo 10/18/17 12:42:00 PM
#21818   Talk about falling on a sword here. NoMoDo 10/18/17 12:41:07 PM
#21817   Copying from other is happening here.still above mojo joyo 10/18/17 12:39:59 PM
#21816   stronger hands, bla bla. This is hugging NoMoDo 10/18/17 12:16:32 PM
#21815   Wow, who coulda predicted another down day? NoMoDo 10/18/17 12:11:37 PM
#21814   This is a cheap ticker.whit big upside.past few mojo joyo 10/18/17 06:54:49 AM
#21813   There should be minimal support at .1315. NoMoDo 10/17/17 10:44:54 PM
#21812   I see a bright future. They are Robert1975 10/17/17 09:14:34 PM
#21811   This stock will do us well in the Robert1975 10/17/17 09:04:13 PM
#21810   Yep, lets celebrate the fact that it did NoMoDo 10/17/17 07:38:57 PM