Comstock Inc (LODE)

[joeblow110percent]

Short LODE, Long TNGL!

LODE is massively in debt and overvalued. Even LODE management has been selling shares into the strength of the JV rumors. (It’s in the filings, see for yourself).

The first time I heard about LODE was a few years ago. A friend told me to short LODE when it was at $1.65. I wish I had taken that advise.

The smart move now is to go long Tonogold Resources OTC: TNGL and short LODE. LODE basically has sold 51% of its assets to TNGL. Any money gained by LODE will likely go to service LODE’s near $20 million-dollar debt.

LODE has been in a downtrend for a long time. This appears to be accelerating. LODE likely has a lot further to go before hitting bottom.

TNGL looks to be a rocket ship building momentum higher every day. As of Saturday, 10/7/2017 The Barchart.com site Opinion is giving TNGL a 100% buy. https://www.barchart.com/stocks/quotes/TNGL/opinion

Barchart.com Performance Report on Tonogold (10/7/2017)
https://www.barchart.com/stocks/quotes/TNGL/performance
UP:
5 day – 57%
1 Mo – 120%
3 Mo – 175%
6 Mo – 255%
YTD – 340%
2 Yr – 1,022%

I think TNGL is going to eventually be a dollar stock. TNGL closed last Friday 10/6/2017 at .11 cents.

I am long Tonogold OTC: TNGL.


This is my humble opinion and speculation. This is not a recommendation to buy or sell. Please do your own Due Diligence.

#Tonogold #TNGL #JuniorMinors #Gold #Silver #LODE #ComstockMining