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Re: None

Thursday, 09/26/2019 10:23:16 AM

Thursday, September 26, 2019 10:23:16 AM

Post# of 24232
When I first began to buy LODE, years ago, I was attracted by the mineral history of the area, by the "family business" nature of the LODE attitude toward their employees, and by some core results of some of their appraisal diamond drilling.

Shortly afterward, the current management took over, most employees were let go, and the disastrously nonprofitable nature of their up-to-then current mining gradually become fully apparent.The financially diligent, lucky (Tonogold farmin), and creative (environmental joint research on remediation) steps taken by the new management team brought LODE, I believe, into a far more sound financial position. On that we probably all agree.

But now they urgently need to get back to gold mining, and to prioritize the evaluation and commercial development of the mining properties, ASAP. Or else to tell us that they have a new priority: Mining remediation techniques and effort. For when is the last time they announced specific progress in Dayton development? Seems like ages ago, yet the price of gold has greatly improved in the meantime.
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