Comstock Inc (LODE)

[TMLonggun]

That doesn't change that you are wrong every time you state lode hits an all time low. You may think it is semantics but it does matter.

Both of the sides on this board are very polarized, and just like many things in life the people with extreme positions on either side tend to have tunnel vision and suffer from confirmation bias. The truth is never black and white. The longs are positive no matter what and the bears are negative no matter what. Most people tend to be locked into one camp or another instead of being a market agnostic and trying to play both sides of the coin.

DD, you knew lode was going down in advance for the reasons outlined on this board, so you could have easily shorted any amount of lode. Many investors use the short and long sides of trades to hedge their positions. Although I would never personally short a junior unless I knew they were being ran into the ground and going bankrupt imminently.

I am currently neutral on lode, in the short term I am bearish and in the super low term I am bullish based on where I believe gold will be in 5 years.

Lode is what guys like Rick Rule would call an optionality play. Lode doesn't make any money at current prices and the company's value as of now is quite dubious but $2000 gold will mask a lot of incompetence and inefficiencies just as it did prior to 2011. Lode is only undervalued if gold prices rise, or they turn a profit at current prices.

Saying that lode's current share price and predicament has nothing to do with the gold price is wrong. It is also equally wrong to say the only thing wrong with lode is the price of gold. Both positions are not intellectually honest.

Nothing is "wrong" except the price of the product(s) they produce, something over which LODE has no direct control.

End of discussion.

-MrRooster

As I have said before Lode has complete control over nearly its entire business operation. Lode's problems and the discussion of them is far from over as the saga continues.

When people reduce an incredibly complex issue to a single gross oversimplification and then discourage discussion it reminds me a lot of religion.