Comstock is a junior that is actually producing, with good margins. The company could soon generate positive earnings per share possibly, in Q1/14. This cash flow and sustainability could allow Comstock to explore and add to its massive reserves without diluting current shareholders. Comstock is literally just scratching the surface right now. Its geological team is really excited about exploration, as there are numerous high-grade bonanza targets, most notably the Chute zone. The next few quarters could be huge for this company, as it should achieve positive earnings. Do not be surprised to see majors looking at the company's operations, should the gold price turn higher. Comstock has been flat for two years despite major fundamental progress. To me, this is a screaming buy. The stock is way undervalued and that is why some smart contrarian funds like Century Management have bought millions of shares. Follow the savvy value funds."
In a short period Comstock built a several million ounce gold equivalent resource. Its goal for 2013 is to produce about 20,000 oz gold. This requires only one quarter of the operations capacity. I was most pleased on the visit to see the exploration down the valley and the potential to build a much larger resource and quadruple production in the near future. Nevada is a great place to be, from a political perspective and as a jurisdiction friendly to mining."