Comstock Inc (LODE)

[TMLonggun]

Good grief fella with the one track mind who has opinions that are locked in stone. You'll never change yours and that is fine, just don't post things that are obviously not true, which includes many of the posts on this board (not just yours).

You said:

the institutional buyer (Warren Buffet) however says its a wonderful opportunity and is thrilled by the action

Which is plain wrong. Most institutions and value investors ignore penny stocks like lode and buy based on profits and lode has none. I challenge you to explain why a Ben Graham value investor like Buffet would buy lode.

they're building highway

I don't know what that means or what it has to do with value investing. If you're referring to CMI's road woes then I would point to that as yet another example of CMI being a speculation and not an investment; there is too much government and political stuff instead of just the pure mathematics of determining if a stock is cheap or not.

In my opinion CMI should focus on mining profitably instead of building roads or hosting BBQs or giving away resources that should be put into the only thing that matters in a business.

If you think I am being unreasonable feel free to place me on ignore, but do a gut check first and make sure you're not deluding yourself. I was in love with this stock for a long time but one day I took a hard look at her and realized that it was only the rocks, the property, and the history that I loved, and that CMI has so far squandered one of the greatest opportunities in history. The property is amazing. The stock and its structure is terrible. I am still betting the combination works out to a small profit for the common holders and a huge one for W.