Post by
Wangotango67 on Jun 25, 2019 2:20am
DOUBLE TAKE - MD&A
Comstock needs to solely focus on it's own gold stock.
The only one it has left.
After liquidating the QV - and Corona + Old Cabin.
There's streamlining that helps a company to regroup and focus...
And ten there's liquidating to help another...
Sell QV to help White Gold...
And...what's with the CEO payment existing a non cash bonus of,
$74,588.00 in shares of, White Gold ?
Sell QV for a profit....all good.
But, shares given in payment to CEO of White Gold ?
Has this stock become a liquidation event turned to invest in other companies ?
Have we lost all concept of advancing Comstock's own assets ?
$674,691 - loss - selling the QV ?
Uhmm...if one sells it should be a profit.
Comstock as per MD&A....
Has a total investment portfolio of, $2,518,595.00
Stashed away in, E3 Metals + White Gold ( warrants + common stock )
As per...Comstock entering into a joint venture agreement with E3 metals to acquire and develop
prospective mineral assests in the battery metals - space...?
How can this be a joint venture if, Comstock bought stock of, E3 Metals ? ( lol )
It's more like helping E3 to fill a placement...lol
I've not at all come across E3 metals wanting to be in, Cobalt ???
Ha.
Liquidate gold projects...
Invest into other listed companies ?
CEO paid in, WGO stock ?
Increased in management - wages ?
Perhaps....
Comstock should do the restructure onecmore time...
Divest from E3 metals
Divest from White Gold
Throw in the White Gold common share payments
Lose the smooth Accounting ( losses )
= FATTEN UP COMSTOCKS OWN TREASURY.
Begin running this company as an investment vehicle...
( like ) a true blue mining company.
Sinking holes + stacking + racking up the ounces.
Far too long a wait....between press releases.
Throw in North Previews drill hits into the over all ounces.
That is...if the drill program was designed with constraint
to actually add more ounces or was it just a straight line drilling
with no constraint? How about the other drills performed by La Ronge
a quick deduction of total drills in 43 101 resource has a ( few ) missing.
If any La Ronge gold - do throw the ounces into the over all resource estimate.
While at it...?
Begin thinking of Preview and contimplate the DEEP HOLE...
One or two deep holes with in center of the " main ore body "
Widest section...and drill on same angle as deposit keeping inline and center.
If the mineralization deposit is really deep....
It would define the ore body in a whole new light = allowing perhaps a larger player
to visualize or conceptualize just how much potential the main vein could be.
Far ,better than...punching random holes all over....
Best to compound on Preview - it has the most work performed.
If the urge arises to revist the North Preview ( yes nice grams ) perhaps use the
Saskatchewan GRANT...which is utterly nonsensicle as to why this was never exercised.
Just an opinion.
Take it - Leave it - Throw it away.
Wango~
I like mining.
All else ?
No reason - as to why the drills aren't turning.
Pitter Patter.
Oh...and lose the Cobalt claim.
Why pay a yearci. Advance without first giving it a good scope over ?
And...Chasing Cobalt veins...a very fine REE mineral - will drain the treasury.
It's not like gold or ( other minerals ) on the contrary...
Cobalt is a b-it h to accumilate a resource...most Cobalt is derived from mining
Other minerals and is a secondary byproduct...
We need a forward action - plan.
Deep hole on, South Previews claim.
Defining how deep the vein really is.
If it's a deep and steep vein...similar to See Bee's 43 miles away...
At least it might encourage SSR to look in Comstock's direction.
COMSTOCK...
Take the investment - hat off + lose the pen and ink in hand.
And get the drills spinning.
Let's see a press release.
If a drill campaign is organized at least there would be news by end of July.
And...if on the ball...Comstock should check into the GRANT MONIES...
THIS YEARS...AND ALSO THIS COMING JANUARY....2020.
Cheers !