Comstock Inc (LODE)

[TMLonggun]

The price will swing sideways until they either make some money, or silver goes up or down significantly.

If we don't count any of the dilution we are at ~$12 dollars a share right now. Our market cap has doubled many times, while our share-price, tempered by sentiment and the printing press stays the same.

It is definitely frustrating, since many of us here correctly predicted that not only would Comstock find an economic deposit but also place it into production themselves. We were right, picking correctly something that had a 1/10000 chance of being right - and still made no money off of it. We underestimated GoldSpring's debt and the repeated capital raises necessary to actually make a single dollar of profit. The lesson is well learned.

On the value side Comstock has made big strides, going from 0oz per share of a "played out" mine to 0.025 oz/share or $30 gps of a producing mine just on the cusp of making money. The only problem is that our share count has ballooned along with every milestone.

I still believe that LODE will ultimately trade for a much higher price over the next few years but this stock's potential has definitely been sapped for the common shareholder.