Tonogold Resources Inc (TNGL)

[baystock1]

I think for the reasons you mention that Tonogold has a reasonable shot at raising the 2 million. Hopefully if the don't exercise the option it will be because they couldn't raise the 2 million and not because the Lucerne property is unattractive. If they don't exercise, then Tonogold will not only be out $200k, but will owe Comstock $1 million minus the money they spent during the 6 month option period.