Comstock Inc (LODE): $9.14 is currently fair market value for...

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jrlinnovations1

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jrlinnovations1

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Thursday, 08/03/2017 9:45:58 AM

Thursday, August 03, 2017 9:45:58 AM

$9.14 is currently fair market value for Comstock Mining. This is based on extremely conservative estimates as of August 2017.

They have an estimated 3.2 million oz of gold/silver resources based on 43-101 from 2010. A bigger mining company could come in and extract the gold probably at $700/oz cost. Lets say gold prices are $1300 with a premium.

So 3.2 million oz x $600/oz profit = $1.9 billion total profit.

They have 210,000,000 shares outstanding as of 8/1/17

/ $1.9 billion =

$9.14 a share based on EXTREMELY CONSERVATIVE ESTIMATES !!

*No wonder Vanguard, UBS, and Blackrock are buying up shares.

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