Comstock Inc (LODE)

[realtorwsm]

Interesting comments by another poster"what's all this then" anyone care to rebuttal the following,:" Here is where the disconnect with reality is: "gold pulls back so too do profits". There are no profits. While LODE has been "cash flow positive" in gold production, having made $1.2M in revenue over the last six months, the company has not made any profit, having lost $7.2M over the same period. Cash flow positive is not the same as profitable.
'But they are going to double production". If you double production you double the production revenue to $2.4M but that still doesn't cover the $7.2M loss.
"But they are lowering production costs". De Gasperis has always stated $750/oz as the target production costs and in the last conference call stated that current costs are at $840/oz. That leaves only 10% in targeted improvements which would increase revenues to $3M but that still doesn't cover the $7.2M loss."