Replies to post #7787 on Comstock Inc (LODE)

[inflationista]

i believe that it oversold on the breakover in the spot price of gold -

and that your valuation is low based on the security of the Comstock related to mining in other corners of the globe -

with only about 25% of the OS outstanding, i feel that our float is good where it is, rather than subject to manipulation we get volatility, which i feel is more important as it allows some sense of security for any investor while priced at these levels -

the way the company is surrounding itself with experts and seating a board, i place our valuation much higher than you do, but realize that the market makes the determination -

based on pattern of behavior of our people and precious metals in the ground i value this company at 0.1166 because we have a fully functional processing plant and are aquiring more toys to facilitate the process, as well as laying the ground work to relocate 342 and have all of our permits in place -

at this point, i feel that we are a key and an ignition away from mining, yet realize that there are some further planning measures to be undertaken prior to beginning -

[ThSeeker]

NJPM I would pretty much agree with your take on this. That is why I was somewhat disappointed to see the they used the word 43-101 Resources vs Reserves. My understanding is a Reserves report require much more detail than resource report. So was hoping that the details would be the catalyst for a PPS boost. If it simply add the additional resources from the recent drilling then all you said is right on an I doubt we get much price rise from this 43-101. We all will have to wait to hear what new info is released at the presentation. Even if the data supports fair value of .045-.05 it could be hard to hold that. Most pinks don't hold value when waiting long periods for growth. With mining not starting to mid next year (likely) we may not see much gains that hold for awhile. Lets hope they have something new and substantial to tell us.