Guys,
this is a fun 'academic' exercise but these two investments are not equal.

No way you can expect the returns we will get here from the Exchanges.
so, the Exchanges won in your chosen timeframe... we will win in the next 'equal length' timeframe.

This is High Beta. When it takes off... my point will be made many times over.

Have a great day. Stay safe.

I used to speak with Corrado quite frequently last year. I still don't like the PRs they put out. It's just too much info at once for the average investor to understand and it looks like a Bill (Pork and all; buried in with the Good news). This needs to change.

LODE needs to clean up it's communication and put out RESULTS.
They also need to have someone on the Executive promoting the company and not just Corrado.

There are good things happening her but so many people don't see Corrado the Good.... they see Corrado the guy who lost their money through too many Reverse Splits, etc.

I believe in Corrado. He is doing good work but put JC out or someone else to give presentations and let Corrado focus on getting the projects planned.. closed and producing $$$. Just make certain the guy or gal is GREAT at Presentations and answering HARD questions.

Corrado's been a busy boy! Thanks for the link!

My favorite parts: No need for dilution, 10 more MCU contracts in the hopper, & we will burst through $500 Million Market Cap (expected by the CEO)in the next 4-5 years (Currently under $20 Million)

I spoke to Corrado in person. He said he wants to buy but has several kids in college back East and simply can't at this time. We forget... this has been a painful journey for him as well. He once had 500,000 shares he paid much more for. He has lost here as well.

I expect we will see purchases from him soon... He won't get the bottom but he will get close as I imagine he will find the funds to buy and whoever lends him the cash to do so... will want to see the fortunes of LODE be on the rise before doing so.

Just my thoughts.

Well said. I 100% agree.

Not sure your angle... but who cares. I know why I have held my Yacht level of shares (post split) and will continue to do so.

Anyone else notice that someone is trying to create a more liquid trading environment here? Big things coming!

Cheers!

Agreed.... but let's hope they put their 'money where their mouths are' soon.

So True.
The problem as I see it is Corrado who has a lot of heat on him. Instead of giving realistic timelines... he uses the beginning dates of a delivery window then suggests things overran... strange behavior for a CPA.

If he doesn't get his credibility issues corrected in the short term, I see several large investors ousting him.

A big show of faith would be insider buys by the CEO, CFO, and some Board members... for some crazy reason... they haven't for a long time which concerns me.

I hope you are kidding... what do you think the Philippines company is set up to do?

No one is shipping dirt anywhere. LODE's MCU equipment is mobile.

Hostile Takeover: Not going to happen here.

1) A company being sued cannot acquire the suing co as it perverts justice. Bungie's attempt has already highlighted ATVI's dirty pool tactics and any Justice would be looking for any connection to the Defendant by any entity looking to takeover WDDD.

2) Insiders own over 50% of the company which already prevents a hostile takeover. All attempts will be thwarted based on a majority is already held. Unlike very large companies, where it is rare to have such high ownership, a hostile takeover can happen. Here, it was a deliberate action to prevent any such attempt by keeping over 50% ownership in tight hands.

Yep. I was a part of that discussion.
If you don't have the position level you want here yet... time is running out. Micro Float with many, many longs holding strong.

Cheers!

Looks like it may be a touch lower than 9.5% now as the last PR made it look closer to 9% now but I haven't had that confirmed as yet.

After I took the tour of Lode's properties, we had a discussion with some Board Members and Corrado about splitting up Daney as it is actually 4 parcels being marketed as one. The parcels broken up would attract different buyers as some is Residential and other is commercial. I think this new price is the not for the same and is intended to help move them to closing quicker.

It's now a micro float stock with several catalysts bringing in money making them debt free, they have 4 patents pending (MCU) and the current Market Cap is at a fraction of what they own. Their ownership in TNGL will bring in Millions when they go Public in the next 6 months (expected).

Many investors who were on the sidelines due to delays in closing of past deals are getting more and more Bullish as the $10 Million+ closing sale to the Fund is expected in the next 2 weeks.

How can you not know?
If you do 5 minutes of DD it is easy to see.

Please.... you've been here for a long time crapping on the stock. Read one of my posts and get some knowledge.

This is going much higher based on facts!

That's my gut feeling on the selling as well..
Cheers!

Don't forget... stocks are not always sold due to things happening with the Stock itself.

Investors may have lost on other investments and need to sell their prized holdings for Margin Calls, etc.

This is one of those (apparently ultra) long holds that I set alerts on and carry on with my life. I am here more than usual due to the selling and overdue expected News.

My Alerts gave me the opportunity I hoped for to keep adding... hopefully my next Alert will be a breakout to at least $1 on incredible News.

Cheers! Let's make it a Happy New Year here!

They are being squeezed for their actions.... good news for us!

When this company has ZERO debt and MCU tech signing International contracts in the tens of $Millions... will you complain about the lean years or join in the riches? Your money.... your choice.

Cheers!

Don't be... life has a way of helping you find more Powder ;)
We get closer to our PayDay every day.

If you feel things have changed, by all means sell.
Someone also bought a lot... same guy different account?

Who cares? I know the value of my shares and won't be selling at these prices.

I agree.
It feels like the current seller waited until after tax loss selling season so as to make it look like panic... why sell in Jan at a loss with BIG NEWS pending?

Let him sell. I added and will keep doing so. This stock is worth more than it has ever been. We are closer than ever to getting paid!

Cheers!

I imagine the seller has bids below to catch the lows... they miss a few here and there but I'm certain they are picking up as they scare it down.

Fighting myself... trying not to add more... I added a bunch yesterday...may surrender and just keep adding. Too much 'Good' to pass up on these fire sale prices!

Remember... not all sales are Bulls losing patience.
Over all volume was still low in dollar terms typical of an accumulator trying to scare out longs to allow them to buy in at lower prices.

I just bought the document and yes:

At the Court’s
convenience,
January 24, 2022 or later

Happy New Year!
Treble damages apply to these guys as well?

In my experience... they will always ask.... I hope the Judge does not grant. This is crazy!

Awesome!
2020 is looking good 4 those Looking4BIGcash... including me.
Happy New Year!

I fully agree as we watch another New Year's Fireworks.
To an Amazing 2020 for all of us.
Cheers!

Many great things happening here.
If you are about getting precious minerals out of the ground... then this is still a mining CO. With each Mercury Cleanup Project LODE recovers precious minerals not recoverable with prior methods.

I spent much time with Corrado on the phone and in person these past months coupled with my own research. I am a large shareholder here for a reason.

This co has made many mistakes but MCU, the Fund, and the new drill program will get us to where we wanted to be.

I agree fully and have told Corrado & the Board exactly the same thing in person.

I just heard that the financing rounds on the Fund are going well.

LODE's value should be currently at least $1 share now. It's trading as if it's in bankruptcy which is clearly not the case.

I believe those who can tuck this one away will see it appreciate greatly.

Good Fortune to all LODE Shareholders (and Merry Christmas)!

Ditto!

Enjoy the Season!

In no way do I want to take away from the pain of LODE's past. I have personally given Corrado hell face to face.

I don't agree with the dilution of 2019 and I told him as well as the Board it was a mistake.

I feel the Board should be buying in now as well as the Executive. If for no other reason than to show faith.

The most recent R/S was lazy. We could have gotten an extension. As long as dilution is complete... it's a non-event.

LODE is now a low float with a micro cap. I trust this on purpose by the company to let the stock run hard and burn the shorts that have been sucking the life out of the stock for years.

I feel the stars are aligning for LODE in 2020. A few good News pieces and we're up and off!

And please... don't think I am offended or attacking you. I am asking everyone to be objective. See what is happening not what happened in the past. Things are changing here.

I am not defending the Company... I only stated facts.
Corrado has what to gain by further diluting? He promised not to and will be ousted if he does. The share value can't handle further dilution and remain on a senior exchange.

I was at the last Annual and listened to shareholders who have lost 95% of their investments (in the hundreds of thousands of dollars) or put another way, their retirement savings are gone.

Do I feel that the company has done well by their shareholders? No.
This company is no longer Goldspring. You and I are not the same.

The economics of the situation are different than in the past.
MCU, the Fund, the sale of Lucerne, this is not the company you think you know.

My job is not to educate you... you are responsible for your own due diligence. If you choose to live in yesteryear... that's up to you.

The company has transformed. It can help repair those who have been hurt in the past that remain shareholders... how much is to be seen but shareholder value is about to go up.

You will see... I don't need to defend. 2020 will prove all this out.
Cheers.

Not sure if you are a 'burned' Goldspring Investor, a Short, or a Long trying to accumulate but your synopsis is light on the positives and heavy on legacy issues.

1) Lucerne did produce for LODE and was recently sold to Tonogold for approx $25 Million. LODE current Market Cap is less than $10 Million and Debt is under $5 Million, soon to be paid out with the sale of over $10 Million to the Opportunity Fund

2) American Flat is a World Class Facility that keeps being leased to other companies as LODE sorted and added claims.

3) MCU AKA Mercury Clean Up is a well established process with Patents Pending. The goal here is not does it work but taking it from 90% Efficacy to 99.9% Efficacy and to see how large it can be scaled.

An LOI (Letter of Intent was just signed with an Major Asian Country (and American Trade Ally) that has ceased all mining until they can do so without people continuing to die from Mercury Exposure. Seems like they are motivated for our solution.

4) LODE has miles of Patented & Unpatented claims around former Bonanzas. When the MCU unit which is now at the American Flat location goes into production, it will clean our leeching pond and recover what is expected to be at least $6 Million dollars in lost precious minerals with many believing it to be in the multiples of that number.

5) MCU not only cleans and removes Mercury. The process recovers the precious minerals that the less efficient processing methods of the past left behind. What do all of LODE's Bonanza sites have in common? Mined decades ago leaving huge tailings and leeching pond(s)

Did 2019 sting? Hell yes! The incredible dilution almost got Corrado fired. He has pledged no more dilution and with over $600,000/month coming in from Tonogold until June 2020, the carrying costs of Lucerne now Tono's obligation, the Fund clearing the remaining debenture and leaving LODE with over $5 million in the bank, LODE maintaining a 9.5% ownership in the FUND (which is expected to grow itself up to a Billion Dollar Valuation (Look around the area, it's on fire. Not enough housing has a Homebuilding Bonanza happening right now! Elon Musk's Gigafactory
https://en.wikipedia.org/wiki/Gigafactory

has many of it's workers living at hotel casinos and in RVs while they wait for affordable housing. This is just one of many tech companies moving to the area from California.

There is a lot more to share but I think my point is made.
LODE today is mucher > not = to GoldSpring of the past.

Bellyaching doesn't do much other than miss the signals of a turnaround/opportunity.

And don't forget... LODE owns millions of preferred shares in Tonogold.

Sorry Old Owl... I usually correct any errors within the time limit allotted but yesterday got crazy all of a sudden and I forgot.

I was trying to say Old Owl is not telling...... I think you are not hearing him.

My apologies.

It was meant as a sign of support.

Everyone has the right to be upset at the process delays... let's not take our struggle out on each other as it serves no purpose.

News is bound to drop any day and capitulation never wins... which usually happens '3 feet from Gold' - Napoleon Hill said it best. Read 'Think & Grow Rich'.... it's a classic.

Old Old is now telling anyone what to do... I think you are not hearing him.

He is reminding us that Patience is the game and that he is also reminding himself to be patient. If you look back at his posts you can feel he too is 'dealing' with the delays.

How many times in history has a war been won because one side got impatient? It happens all the time.

Someone hit their limit today and sold a bunch. It means nothing to us who stayed but it means that person won't partake in the upside on at least those shares... and then again, they won't suffer any Bear raids.

I own a whack here and I plan to be on the WDDD party boat... even if it's just me.

Cheers!

PS: I bought a little over 18,000 shares today :)

Agreed