Comstock Inc (LODE)

[TMLonggun]

Realtor I am not sure what are you asking me. I would guess you have way more experience valuing real estate than I do. I don't even know if they (these entities) own lode stock anymore or if this idea makes any sense at the moment. It's something to look into and do your DD and read the filings if you're curious.

They might be undervalued or not, I have no position and don't really care one way or another. It might be a way to get cheap shares or not.

At one point it looked something like this (these numbers are not accurate): 50 M of real estate, a whole bunch of stock, and couple million profit for a market cap of 50 M, valuing the income stream at 0 and marketable securities at 0 (obviously they are worth more than 0).


Geo, JW is a Californian real estate "mogul." Standard MO from what I can tell, wants to become a billionaire at any cost and get into the good parties. 10k/plate environmentalist, save the whales and be publicly hailed a hero while he steps on the little people in style.

http://www.bloomberg.com/research/stocks/people/person.asp?personId=346192&privcapId=280402

I don't know of any boss connection but I have read through several of the lawsuits filed against him over the years. Even when he does things legally (lode financing) it is lawful but not ethical.

All IMO, don't sue me J.