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silverlake

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silverlake

Re: Rusirius post# 19450

Tuesday, 04/29/2014 10:27:36 AM

Tuesday, April 29, 2014 10:27:36 AM

Post# of 24248
They DON'T clearly need to raise cash or to do an equity sale.

Did you read today's press release? Did you read that they are ramping up to 40k ounce run rate this year? Once at this rate, the estimated cost per ounce is $750; not too shabby! That is where their cash is coming from. Higher grades and lower strip ratios are currently on the leach pads. Lack of transparency? Really? Not from what I see or hear when speaking with Comstock. Looking forward to hearing the progress on today's conference call...
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