Comstock Inc (LODE)

[joeblow110percent]

LODE 88% Sell, Down 94% in 5 years!

Barchart.com Opinion LODE 88% SELL! https://www.barchart.com/stocks/quotes/LODE/opinion

Barchart.com Performance Report LODE https://www.barchart.com/stocks/quotes/LODE/performance

DOWN (10/11/2017 0800)
1-mo -24%
3-mo -46%
YTD -53%
2-yr -75%
5-yr -94%

Look at the LODE chart. LODE price has fallen below support. LODE is falling off a cliff and going to 1.8 cents.

I Told You So!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134026041

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133822827

Phx85 has a 100% credibility problem. Since the day Phx85 showed up pumping on the IHUBB board LODE stock has gone down. https://investorshub.advfn.com/boards/Profile.aspx?user=130132

LODE management stating in their own filings that they are selling LODE stock. It looks to me like selling its own stock is the only way LODE has been able to keep the lights on and keep paying management their salaries.

https://www.sec.gov/Archives/edgar/data/1120970/000112097017000026/lode-20170630x10q.htm#s7E02D8A76C7D5A768A5676F8D5E3C2EC

7. Stockholders Equity

At-The-Market Offering Program

Effective June 28, 2016, the Company entered into a sales agreement with IAA with respect to an ATM agreement pursuant to which the Company may offer and sell, from time to time at its sole discretion, shares of its common stock, having an aggregate offering price of up to $5 million. Effective April 2017, the Company also entered into the Purchase agreement with Levistion for the purchase of up to $7.25 million of shares of the Company’s common stock from time to time, at the Company’s option. The Company is not obligated to make any sales of shares under either the ATM or Purchase agreement, and if it elects to make any sales, the to make any sales, the Company can set a minimum sales price for the shares. Following is a reconciliation of the transaction under the ATM and Purchase agreement for the six and twelve-month periods ended June 30, 2017 and December 31, 2016 respectively:

Six Months
Ended Twelve Months
Ended
June 30, 2017 December 31, 2016
Number of shares sold 17,238,743 1,835,300
Gross proceeds $ 2,670,253 $ 522,889
Fees $ 74,821 $ 14,090
Net proceeds $ 2,595,432 $ 508,799
Average price per share $ 0.155 $ 0.280

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