Comstock Inc (LODE)

[saildone]

Tonogold is ready to move forward on the Lucerne.

Eight days from today, Tonogold Resources will be holding their annual shareholders meeting at the Gold Hill Hotel and the CEO will be making a presentation and taking questions. Then these who sign up in advance for it will get a tour of the Lucerne and the infrastructure. Those who don't sign up for the tour might still be able to go if there is room.

Looks like they are going to pay for it with an increase in the number of authorized shares from two hundred million (200,000,000) to seven hundred million (700,000,000) shares. If dilution doesn't cut the price, then they will have plenty of cash to keep moving forward.

I'm thinking that the reports will be released for the meeting and that the information from the CEO presentation will be a boost for the TNGL share price even with the potential for some dilution.

Maybe LODE will release the Dayton report soon, update the website and get back over twenty cents so as to not face another reverse split or being dropped off the AMEX.