InvestorsHub Logo
Followers 4
Posts 371
Boards Moderated 0
Alias Born 05/10/2014

Re: None

Monday, 08/14/2017 12:59:24 PM

Monday, August 14, 2017 12:59:24 PM

Post# of 24232
GAMBLING for a recovery!

• There are NO RESERVES.
• There is NO 43-101.
• There are NO Gold or Silver Assets.
• There is NO Preliminary Feasibility Study (Plan) in place to show
how LODE will mine any gold or silver Reserve assets AT A PROFIT
They have NO Gold or Silver Reserve Assets to mine.
• LODE is producing non-economic resources at a multi-million-
dollar loss.
• LODE’s latest Debt arrangement is at 100% of its equity.
• LODE has liabilities of $19,426,442. Which is about double the
value of 100% of the equity of the entire company. Leaving LODE
with NEGATIVE Equity.
• LODE has arranged to acquire additional debt.
• LODE Management has valued the stock at ~5 cents. This means the
LODE stock price is currently overvalued by ~72.7%.
• LODE management is selling LODE stock into rumors (which LODE
management is spreading) of a “Joint Venture”.
• LODE has lost ~95.5% of its value, going from $4.45 in November
of 2010 to a recent joint venture speculation high of $ 0.19
cents (7/18/2017).

The History of the Comstock Lode, by Grant H. Smith

“The Comstock mines early became a synonym for stock devilment, for which the brokers and manipulators in San Francisco have been held soley responsible. True, theirs is the chief responsibility, but the gambling public must bear its share of the blame. The system early developed from a speculative investment in mining stocks into a gamble-then into a lottery.” Page 62.

Comstock Mining (LODE) looks like every other bankrupt mining company going back into the 1800’s. They are Great at Selling Stock. Horrible at Producing Gold or Silver, AT A PROFIT!

LODE 10-Q Filings - 5 CENT VALUATION! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133638327

No Gold, No Silver, No JV!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133613520

LODE has NO RESERVES!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133102602
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LODE News