Comstock Inc (LODE)

[phx85]

That is straight up ridiculous.

I trust that any person that has ever invested in a PM stock can see through that and toss that notion straight into the garbage bin. If you think they will make $600 dollar profit on every ounce of gold you are lacking information. There are significant costs that still need to be funded before another ounce is poured.

#1 - The 3.2 million ounces you are referring to are resources - measured, indicated and inferred. Not proven and not probable reserves.

#2 - The cutoff grade for those ounces is quite low - at current gold/silver prices (even at $1500 gold) much would not be economical.

#3 - You post quite a bit about underground mine development. I would encourage you to carefully read the last 10Q filing and listen carefully to the last conference call that is posted on the company website. The focus is no longer Lucerne. All emphasis has been moved to the Dayton/Spring Valley area. Which, unless a drill program shows significantly higher grades will be surface mining.

I, like you and everyone else that reads this board, am anxiously awaiting the 10K and conference call where, hopefully, a clear, concise and meaningful plan will be detailed.