Friday, December 27, 2019 2:38:13 PM
I will agree with Looking4BIGcash that much has changed over the past couple of years and it's really not the same company with the same goals. Those of us that invested long ago (2008 for me) were buying into a gold & silver exploration company. That remains true today, but not in the way we thought it would. It is my feeling that Corrado and his team need to market to a different class of investors. Comstock is likely more attractive to real estate and environmental asset holders rather than precious metals investors.
Having been invested for so many years and having been able to see things from the other side of the curtain for a period of time, I have a different perspective than probably everyone else that reads these boards. Corrado and his various teams have accomplished many things that are never mentioned because most see them as boring and insignificant. They are foundational.
You make very valid points and not a single thing is guaranteed here. Still, I look at what has been done since Corrado took over a company with 4 billion shares outstanding and $30 million dollars of debt and zero resources documented.
Again - not "exciting" but here are just a few:
American Flat processing facility - fully permitted - including heap leap expansion for years
Water Pollution Permit
Air Permit
Mercury Permit
Zoning
SUPs
Zero outstanding preferred shares (currently)
approx $6mil in debt
I hope you keep posting your thoughts. It is possible to have a great desire for the success of the Company while maintaining a level of skepticism and caution. A huge dose of reality delivered a while back has taught me that.
Recent LODE News
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