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Rock Hound

08/15/19 12:11 AM

#22767 RE: maxbet #22766

I had to read announcement that twice, as it is complicated and I am not as sharp at 11pm, but more good is there than bad.

The delay (100% transfer to Tonogold) could take months, but the slight majority interest in Lucerne to Tonogold and significant revenue to Comstock seem destined to happen rather quickly.That's the best news.

Both sides seem willing to compromise especially on timing, and Comstock also seems serious about eliminating its debt. I just hope (and here is the rub) that stock holders do not become even more impatient and ignore all the good news, for a "comatose" stock price is not good for anyone.

Comstock (with Tonogold's major help) has come so far, and will still, in the end, have at least half their mine left, plus the other continuing revenue streams.

All this is worth a wee dram, I think.