Comstock Inc (LODE)

[cpmill]

There seems to be some confusion about "a mill".

If you listened to Mr. De Gasperis' response, he confirmed that they had acquired "components".

A ball mill is just one component of "a mill"- you can grind all you want (which is what a ball mill does), but that doesn't extract anything.

So it is a bit of a non sequitur to ask them if the bought "a mill". I've seen the plans for their mill (meaning a complete mill circuit)- they were submitted with their permit modification. It is quite a bit more extensive than just a ball mill- in fact, the plan is to eventually have two ball mills running in parallel as part of the circuit.

A used ball mill may cost between $50,000 and a couple hundred thousand dollars. A complete mill is going to run you more like $5 million to $15 million.

They still have the ball mill- still sitting out there in the field next to the heap, along with the tankage and the agglomerater that they also got from the Gooseberry. Beyond that, no progress on the mill, and no short-term plan to build it.