Tag: Comstock Mining Inc

Supreme Court Rules for CRA vs. Lyon County and Comstock Mining Inc.

Nevada Supreme Court, Carson CityComstock Residents Association won a decision at the Nevada Supreme Court on December 11. One part of the complaint against Lyon County and CMI in District Court was that Silver City et al. were denied due process because Lyon County Commissioners Hastings and Keller did not recuse themselves from the decision to allow open pit mining within the town limits of Silver City.

The grounds for recusal were CMI’s inordinately large political contribution ($27,000) to Hastings, and the fact that Keller’s husband worked for the CMI foundation.

Judge Estes’ original ruling in District Court was a summary judgement against CRA. In his opinion there was not enough evidence to even bother arguing the claim. Now CRA’s appeal to the Nevada Supreme Court has succeeded, Judge Estes has been overruled and the issue has been sent back to District Court.

CMI and the County once again asked for a summary judgement in their favor, which was denied. Judge Estes is now preparing to conduct a full hearing on the complaint, involving serious preparation, discovery, depositions, etc. This was a major setback and disappointment to CMI and Lyon County.

Judge Estes set a deadline of March 15, so CRA is “all hands on deck” preparing the court case to back up the charge. As former Silver City Town Advisory Board Chairman Erich Obermayr observed, “We are the proverbial dogs who just spent four years chasing a car — and now we caught it! This is both a challenge and an opportunity.”

Comstock Mining Update – June 15, 2017

CMI stock price skids to 14 cents

This Update was prompted by Comstock Mining Inc annual meeting held at the Gold Hill Hotel on June 1. Those of us who live on the Comstock know how rich our communities are in what matters most: friendships, co-operation, love and respect for our neighbors. That’s why CMI’s presence here struck such a sour note […]

Comstock Mining Update — May 24, 2016

Underground portal at the Lucerne Pit, Gold Hill Nevada

Having completed the unprofitable five year fiasco of the Lucerne Pit — with the Grand Finale of collapsing Highway 342 into it — Comstock Mining Inc. (or is it LLC?) laid off most of its employees and went underground where it immediately ran out of money again. And so on December 31 2015 the company announced its intention to float another stock […]

Comstock Mining Update — October 26, 2015

While most attention has been paid recently to the ongoing destruction of the Virginia City National Historic Landmark, another historic Comstock landmark has been severely damaged as well. Having failed to obtain a gaming license, the Delta Saloon has also lost its liquor license. The world-famous Delta Saloon is now the Biggest Hot Dog Stand in […]

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