Comstock Inc (LODE)

[jt6455]

JVs are like a dance and like any other deal most fail. The company coming in wants to buy in at the lowest price because they are responsible for infrastucture mining costs etc.

Once the deal is inked and if the partnership is right and gold doesn't tank then it can be a very bright future for all parties involved.

But there's no way a company is going to entertain a deal when the opening bid is hyperinflated only to be based on an inflated value of the underlying asset. Not to mention it would be a big no no with the SEC and the company's auditors