Replies to post #18199 on Comstock Inc (LODE)

[realtorwsm]

Ditto on the confidence in this company producing the product! And his concern is a good sign too - in that the shorts are here already!

[clownman1]

Um - Actually the level of economically viable surface ore (due to the amount of debt this company is carrying currently) is not significant enough to be profitible....

And you are precisely correct, this area has ALREADY been extensively mined and it is a well known fact that most of the continuous massive veinage extends to a deeper level (400 ft and below)
which is NOT economically practical. Not to mention this

Accorsing to the most recent 10K, those resource numbers you are addressing live under a HIGH RISK Factor are not even PROVEN reserves, did you READ IT:


http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8518813-28136-64452&type=sect&TabIndex=2&companyid=84580&ppu=%252fdefault.aspx%253fsym%253dLODE

[mkendra]

I don't see depth as a problem, since it is an open pit mine. With the proper equipment, it can be cost effective at todays price for gold and silver.

The issue I have is this "march to production" that is barely a "crawl". These delays have been typical since the Goldspring days. Yes, the management is different, but did that really change anything?

I'll buy when production starts and is continuous - they have lied too many times.