Comstock Inc (LODE)

[TMLonggun]

Lawsuits already nearly destroyed this company once in the Steve Parent days in the early 2000s. I don't see how we could possibly go back to that unless there is some kind of self cannibalizing class action lawsuit. Kind of like what happened with GORO. All they did was waste time, money, and create some bad PR. As far as I know that was the only outcome and from what I understand a common one in those types of situation.


There have been many legal battles over the past few years against LODE by the CRA and Comstock has won them all. I can almost guarantee your prediction of another lawsuit will come true - since they launch a lot of them, another is quite likely.

Lode's legal position is quite strong I think, although they can definitely be forced to waste a lot more time and money than otherwise necessary - which is the goal of groups like the CRA.


I believe LODE is listed on the NYSE under criteria 3 which requires a $2+ share price. We have been below that for a while. Anyone familiar with the process? Does it matter? Do they have a year or get a warning? I am not sure if it is like the CVE where they suspended a lot of the requirements and fees temporarily to prevent massive de-listings. But the rest of the market is at all time highs so some exchanges may not be so generous.

We will see many more lows.

If you believe that why would you not sell or short a small position? I still do not understand that part of your posts.