Comstock Inc (LODE)

[joeblow110percent]

LODE Mining/Real Estate – NEVER MADE A PROFIT!

Resource vs Reserve, “Who Cares?’ https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133242210

“NO MINERAL RESERVES OR ORE RESERVES THAT ARE VALUABLE LEGALLY, ECONOMICALLY AND TECHNICALLY FEASIBLE TO EXTRACT AT A PROFIT.”

“As long as LODE continues to mine Mineral reserves or Ore reserves that are not VALUABLE TO EXTRACT AT A PROFIT, and they do so with no plan (Preliminary Feasibility Study) in place to identify Reserves (legitimate 43-101) and produce those RESERVES at a profit, they will continue to lose money and the stock price will continue to fall.”

No Reserves, No PFS, No Reason to buy! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133152623

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

“On 1/13/2017 LODE management went into a loan agreement for $10,723,000. This agreement did the following: “The Debenture is collateralized by (1) a pledge to 100% of the equity of the subsidiaries of Comstock Mining Inc., and (2) substantially all of the assets of the Company.”

“This means that LODE management has 100% collateralized all of the equity of Comstock Mining Inc at $10,723,000. The loan to value on this debt is 100%. That $10,723,000 is the total value that Comstock Mining Inc./LODE management and the lender have placed on 100% equity of Comstock Mining Inc./LODE. That $10,723,000 is what the entire market cap of Comstock Mining Inc./LODE stock should be according to this loan agreement. $10,723,000 divided by 210.3 million shares = .0509890632. The LODE stock price is valued by this loan at ~5 cents. That is why LODE management is happy to sell shares at $15.5 cents.”

LODE Tanking! More Insider SELLING! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142479081

Comstock Real Estate? Bad Timing!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142528909

Beware of all the pumpers who have been pumping LODE for years as the stock price has crashed. These same pumpers who continue to remove my posts from this board.

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

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#LODE #Gold #Silver #Mining #ComstockMining