Comstock Inc (LODE)

[cpmill]

mkendra-

The company has an ongoing contract with a gold buyer who will buy as much gold and silver as they can produce. This buyer is preferable to dealing with Johnson Matthey (refiner) in that they can ship in the quantities that they have.... whereas big refiners have large minimums, which can impinge cash flow.

They ARE "manufacturing" their own dore- here is the video of the first pour-

http://www.comstockmining.com/files/video/20120929_firstpour.mp4

And they have been pouring consistently since. From their 3rd quarter financial reporting:
"Commenced processing and poured dore, including shipping, through October 31, 2012, 1,258 ounces of gold and 14,802 ounces of silver. "

The dore is then sold and shipped to their purchaser, and they get paid.

If they are going to retain dore for other purposes, such as the commemorative bars, they just need to get an exception from the contract buyer.

That represents about the first month of production. If that is representative of ongoing production (I don't know if it is- could be high, could be low), but that is $30M annual revenue... which is right about what they forecast.