Comstock Inc (LODE)

[saildone]

Nothing on the mining front is going to cause a raise in the PPS. The downward trend will probably continue until the six month review is completed. If TNGL does decide to go forward from that point then the 20 million pay out plus the start of production will turn things. But for now, nothing on the mining front will cause a raise. Of course a sudden upswing in the price of gold or a startling news event might help.

I don't know how the real estate front will change things. A significant sale will position the company with cash on hand and they'll probably reduce the debt even more. But I will not be surprised if they use a good chunk of the money for more real estate plays.

It looks, to me, like CMI is looking to get someone else to do the mining on their property while they focus on the real estate boom that seems as if it were going to really explode. That is with the growth of the industrial park. Real estate could be a gold mine in itself.

Not a bad idea. 49% of any potential mine profits while not laying out cash for operations on the one hand and a good position for investing in the realty world on the other hand.