At the end of September CMI seemed on the brink of bidding us the Big Bye-Bye once again. Previously last-minute stock offerings have provided the ready cash for the company to make it through the next few months, but how could the market stand for another offering at the low price that would be required now? Wouldn’t […]
Lucerne Pit, Gold Hill At its meeting of August 21 the Storey County Planning Commission voted to recommend approval of Comstock Mining Inc’s request for amendments to its SUP. The issue will come before County Commissioners McBride, Gilman and Sjolvangen who are poised to approve it. That will mark the end of Gold Hill as a […]
Comstock Mining Inc’s Annual Report for 2013 Before Comstock Mining Inc’s Annual Report for 2013 to the SEC was released last month, the company communicated with the public and with its shareholders on several occasions. These efforts seemed notable: On February 11 CMI established a ‘revolving credit facility’ for $5 million, and the next day […]
Recent Developments A March 4 CMI announcement about the quest for further investors CMI press release dated March 11 puts 2013 net loss at $21.3 million The [un-annotated] transcript of De Gasperis’ conference call about the Q4 filing with the SEC FOLLOWING is a transcript of Sam Shad’s conversation with Comstock Mining Inc. CEO Corrado De […]
On Friday January 31 the Comstock Residents Association filed a Complaint in Lyon County District Court asking the judge to reverse the Lyon County Commissioners’ January 2 decision to grant Comstock Mining Inc’s Master Plan and Zoning change request. CRA asserts that the Commissioners departed from precedent, acted contrary to law and procedure, and […]
The fallout from the Lyon County Commission’s January 2 meeting was not long in appearing. On January 21, Theo McCormick of Silver City announced his resignation from the Lyon County School Board: Theo McCormick For the last 8 years, I have performed public service in Lyon County. During the last four years, I’ve […]
At its regularly scheduled meeting on January 2, the Lyon County Commission broke all precedent by ignoring its Planning Commission’s recommendation to deny Comstock Mining Inc’s Master Plan Amendment and Zoning change requests for Silver City. Instead, the Commissioners voted 4-1 to impose a “compromise” made between CMI and Commissioner Vida Keller to reduce […]
The struggle over pit mining in the Virginia City National Historic Landmark has shifted south through Devil’s Gate from Storey to Lyon County. At last month’s scheduled hearing before the Lyon County Planning Commission, Comstock Mining Inc asked for a continuance, saying it hadn’t had time to prepare. This time (December 10, 2013) […]
Will this be the greatest feat of magic to be performed in Nevada since Siegfried and Roy first turned that tiger into thin air? Is Comstock Mining Inc about to disappear? At $1300/oz it takes about 60 truckloads of the Virginia City National Historical Landmark to produce a “gold-equivalent ounce” for CMI. Photo courtesy Virginia […]
On June 27, the day following our Meet ‘n’ Greet at Maynard Station, a couple of dozen Comstock Residents Association supporters joined other member groups of PLAN, the Progressive Leadership Alliance of Nevada, in a picket and protest outside the Nevada Museum of Art in Reno, where Comstock Mining Inc. was conducting its annual shareholders […]
OATBRAN Part II, Putting Away the Bikes and Breaking out the Skis- OATBRAN Ride continues on US Highway 50 across Nevada. My last write-up featured the start from Lake Tahoe to the Lunch Stop at Bean Flat between Austin and Eureka. This the continuation of the ride and includes *Notes to the Mochila”. In honor of the Pony Express, we ask each rider to carry a saddlebag [...]
Bicycling Nevada in August- by Curtis Fong, “the Guy from Tahoe” August with its hot daytime temps and thunder showers is the Dog Days of Summer when it comes to bicycling events in Nevada. Still, August is still a great time to get out and ride, no matter where you are in Nevada. Road Biking in Northern Nevada and [...]
Bicycling Nevada – July is Looking Hot!- by Curtis Fong, “the Guy from Tahoe” The Bicycling Season in Nevada has started and is going strong with many exceptional June events and more upcoming in July. America’s Most Beautiful Bike Ride on Sunday June 3 was sold out and had 3000 participants with 1040 Leukemia & Lymphoma Society Team in Training bicyclists coming [...]
Jampacked June for Bicycling in Nevada- by Curtis Fong, “The Guy From Tahoe” Holly Molly! Did you see how fast that Peloton was moving through Carson Valley? Amazing Race! Women’s Stage 2 The 13th Annual Tour of California, Men’s Stage 6 and Women’s Stage 2, provided excitement and drama as both races came through the Carson Valley and climbed up and [...]
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