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radar72

02/21/17 11:54 AM

#21160 RE: stocktrader1 #21157

Well, I think that the gold price is going to surprise to the upside soon. Maybe $1,350 or so - which is the price at which new projects are going to start coming back on-line and micro-cap golds like LODE will start to become active again. There are a few reasons why I like LODE vs other small golds: (1) Their asset is in the U.S. as opposed to a third world country, (2) We know that there is a lot of gold/silver there, we just don't know exactly how much, (3) There seem to be quite a few high net worth individuals invested in this company, (4) There is a cool historical angle to the Comstock Lode, which makes the investment kind of exciting. When the gold price really gets moving, this side of the company's story will help to move it, (5) The company has been around for a while and seems to have capable management on board.