Replies to post #18884 on Comstock Inc (LODE)

[silverlake]

Appreciate your report...

Did you happen to ask about the timing of the capital raise?

i.e. raising $$ when the stock was at its recent lows as opposed to when
it was over three bucks?

[Belgie24]

Thanks for reporting back. I'll be listening to tomorrow's CC, although the need for bridge funds when the company is balancing so many cash needs before real production is achieved is no big surprise.

The timing of the offering at the low pricing level is my main concern. It raises questions concerning why the company had such low pricing power, when their financials are strengthening. Seeing the total short shares basically double in a short period IMO is a direct result of the poor pricing.

If you would care to expound on the general atmosphere at the conference in general and around the Comstock booth in particular, it would be of interest.