Comstock Inc (LODE)

[saildone]

Nothing much as far as the share price goes.
However, after receiving the detailed report from MDA; Tonogold the JV partner you saw as a "joke" came up with the two million extension money to go forward at the Lucerne UG mine. If they continue after this extension then it will require a 20 million dollar expenditure. They renegotiated the purchase of controlling interest in the production facility, now they also have the option for a pay as they go deal. 1 million a year plus a per ton fee. Next is a report from MDA establishing a Resource and Reserve for production and public reporting.

There is a buyer for the Daney ranch and some nibbles for the industrial property at the airport.

The Kam-thio test on preleached material worked out remarkably well and they have moved on to tests of virgin ore.

Oh, and there is a JV negotiation for another mine, probably the Dayton.