Comstock Mining Inc.

Comstock Mining Inc. is a producing, Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock District and is an emerging leader in sustainable, responsible mining, including concurrent and accelerated reclamations, soil sampling, voluntary air monitoring, cultural asset protection and historical restorations. The near term goal of our business plan is to maximize intrinsic stockholder value realized, per share, by validating qualified resources and reserves (Proven and Probable) from our first two resource areas, Lucerne and Dayton, and significantly grow the commercial development of our operations through extended, long-lived mine plans that are economically feasible and socially responsible.

Expert Comments:

"Comstock Mining Inc. has assembled an extremely interesting land package in the historic Comstock district. It is looking at a potential pit at its Dayton project, where it's had some good drill results from its quartzite-type PQ target. The company will probably go back and do some additional infill drilling and then put together its mine plan for higher-grade ores underground. I think that the production profile will probably stay much the same in the next six months. Nonetheless, I expect positive things because this area remains largely underexplored by modern methods." read more >

Marco Rodriguez, Stonegate Capital Partners (7/29/15)
"Comstock Mining Inc. issued news today that it had amended its joint venture agreement with Northern Comstock LLC, which will simplify its capital structure. We view this announcement very positively, as it eliminates Comstock's complex capital structure and thus removes what we believed to be an overhang on the stock to institutional investors. While the agreement is subject to consent from the majority of preferred shareholders before August 26, 2015, we note that the company has already received positive indications of approval from the majority of shareholders."

Heiko Ihle, Rodman & Renshaw (7/21/15)
"We are reiterating our Buy rating and $2.10/share price target on Comstock Mining Inc. . .we note that management has been able to successfully outline and deliver on planned mining and non-mining cost reductions as development work at both Lucerne and Dayton pave the way for future production growth."

Marco Rodriguez, Stonegate Capital Partners (7/21/15)
"Given the gold price backdrop, Comstock Mining Inc. has taken positive steps to lower costs; at the start of FY/15, the company set a goal of reducing expenses by $5M. It met this goal and has now stepped up the target expense reduction for FY/15 to $10M."

SADIF Research (7/15/15)
"Comstock Mining Inc. is a high-quality company with. . .strong business growth. . .when compared to its second-closest peer, Gold Resource Corp., the company shows similar undervaluation and is equally likely to outperform the market. . .Comstock currently has an overall long-term investment attractiveness rating of 90, placing it above the average of 50 for U.S.-listed companies. . .and first when compared to ten of its closest peers. . .Comstock's stock rates as an above-average investment."

Heiko Ihle, Rodman & Renshaw (7/13/15)
"Comstock Mining Inc. owns and operates the historic Comstock mine. . .we highlight that the strip ratio at the mine fell to 1:1, compared with an average strip ratio of 4.8:1 in 2014. . .we believe a continued lower strip ratio should lower overall costs of mining. Given the firm's sizable land package and focus on optimizing both costs and grades, we are assuming coverage with a Buy rating."

More Expert Comments

Experts Following This Company

Ralph Aldis, Portfolio Manager, Gold and Natural Resources – U.S. Global Investors
Frank Holmes, Chairman – U.S. Global Investors
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Chris Mancini, Research Analyst – Gabelli Gold Fund
Marco Rodriguez – Stonegate Capital Partners

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