Replies to post #19454 on Comstock Inc (LODE)

[Belgie24]

Hi TML, outstanding analysis! Thank you.

[mortalmyth]

TMLonggun, I'd have to say your estimate is quite reasonable for what we see at this time for LODE.

In my mind $750 CATM is very shabby and is equivalent (rough estimate) to $1000 cash cost per ounce which is (roughly equivalent) to $1250 all in sustaining cost per ounce.

Have a good one.

[silverlake]

I guess time will tell the tale on this one.

I don't share your belief that cash flow will be so anemic, it will cause an eventual capital raise in the coming quarter(s). This outfit does a great deal of planning and has delivered thus far in a
very difficult precious metals climate; not to mention their NIMBY issues.

I think that they're well aware of cash flow and have aligned their commitments with the ramp-up in production. The latest credit facility's repayments don't begin until third quarter, which is when I believe Corrado implied in the Call today, production rates would increase significantly.

If the POG drops much further though, all bets are off...

[stocktrader1]

looks as if others feel differently? Stock moving up!