Comstock Mining Inc.

Comstock Mining Inc. is a producing, Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock District. Its near-term goals are to deliver stockholder value by validating qualified resources (Measured and Indicated) and reserves (Proven and Probable) of at least 3,250,000 oz Au eq from its first two resource areas, Lucerne and Dayton, to achieve initial commercial mining and processing operations in the Lucerne mine with annual production rates of approximately 40 Koz Au eq and to significantly grow the commercial development of its operations through coordinated, district-wide plans that are economically feasible and socially responsible.

Expert Comments:

Heiko Ihle, Euro Pacific Canada (5/8/15)
"From Wednesday, May 6 to Friday, May 8, we visited Comstock Mining Inc. in Nevada. . .the events were universally well attended. . .we were impressed by the strong attendance, which included various government officials including Congressman Amodei and Lieutenant Governor Hutchinson. All of our encounters, including with the officials present, left us with the impression that a 'Pro Comstock' mentality was had by those in attendance. . .we remain optimistic that the rerouting of SR-342 should provide high-grade ore to Comstock, which could ultimately lead to both increased production and lower cash costs in 2016 and beyond."

"Comstock Mining Inc. is a small producer now: around 30 Koz gold this year. The real potential here is that the company is in the old Comstock Trend in Nevada, which produced many millions of ounces of silver during the 1800s and essentially paid for the building of San Francisco. Comstock could delineate by the end of 2015 a deposit that has over 1 Moz oxide gold and silver with an AISC of less than $1,000/oz in a great jurisdiction with exploration potential." read more >

Heiko Ihle, H.C. Wainwright & Co. (4/17/15)
"Comstock Mining Inc. produced 4,695 oz gold and 56,482 oz silver for a total of 5,470 oz gold equivalent. . .gold grades held steady at 0.039 oz/t while silver grades actually increased to 0.734 oz/t compared with 0.680 oz/t in Q4/14. . .we are reiterating our Buy rating."

Marco Rodriguez, Stonegate Capital Partners (4/16/15)
"Comstock Mining Inc. made some positive steps via its mine drilling program that continued to show progress, additional cost reductions and positive cash flow from operations. Consequently, we continue to look for the company to position itself for future growth driven by its strong resource base, expansion permits and improving operational efficiencies."

Marco Rodriguez, Stonegate Capital Partners (2/17/15)
"Comstock Mining Inc. holds a strong resource base, which is further strengthened by recently received expansion permits. Furthermore, the company continues to enhance its efficiency by boosting production and also lowering operational costs. Thus, Comstock is positioning itself for future growth driven by its strong resource base, expansion permits and improving operational efficiencies."

Heiko Ihle, H.C. Wainwright & Co. (1/30/15)
"For the year, Comstock Mining Inc. produced 19,601 oz gold and 222,416 oz silver compared with 2013 gold and silver production of 17,739 and 186,482 oz, respectively. . .we continue to believe the strip ratio may be brought down further during 2015 to a normalized level below 3:1. . .we continue to note the company's sizeable land package, which could be utilized for further production expansion."

More Expert Comments

Experts Commenting on This Company

Ralph Aldis, Portfolio Manager, Gold and Natural Resources – U.S. Global Investors
Jeb Handwerger, Author Gold Stock Trades
Heiko Ihle, Managing Director – H.C. Wainwright & Co.
Chris Mancini, Research Analyst – Gabelli Gold Fund
Marco Rodriguez – Stonegate Capital Partners
Jeff Wright – Wolfpack Capital

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Comstock Mining Inc. Content