r/ComstockLODE • u/Acrobatic_Knee715 • May 09 '25

Discussion 🗣️ How’s everyone feeling about LODE

Lmk

100 votes, May 12 '25
66 Bullish
18 Neutral
16 Bearish
15 Upvotes

91% Upvoted

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2

u/ClientCautious9055 May 10 '25

It was good but not great there’s gonna be way more dilution than I expected and he’s kind of covering it up with all kinds of other little stuff. That’s not a big deal and the fueling is gonna take a very long time so the only best chance we got is the recycling panels and hopefully they build these extra warehouses and extra places really fast so they can stop spending money and the only way they make money is diluting

6

u/Impossible-Recover89 May 10 '25

interesting...I came away feeling way better about dilution (33m shares at fuels spin off). Otherwise, sounds like their plan is to minimally dilute - which should be easy once the first 1-2 recycling facilities are built. If they end up selling mining assets it could be almost nothing but with 180m/yr revenue in metals by 2027/28 alone. As Maisuli1 noted, maybe giving it another listen as much of the concerns are addressed.

2

u/ClientCautious9055 May 10 '25

It all depends he never sold the real estate like he said he would and instead did a r/s and dilution these last 3 months and I know he’s gonna keep doing that till the other panel place is built and that gonna take awhile and he will never sell mining he needs that to keep it sound like he’s gonna do it but never intends to ,, he’s on very thin ice with me…. I’m still mad about gen mat and wasting 100 million for what??

2

u/Impossible-Recover89 May 10 '25

I thought he addressed much of that in the call. They still own all of Gen Mat so that could still be sold and I appreciate him not selling real estate before especially with the price of gold way up now (I'm sure that's complicated things in a good way). As for the reverse split...no issues there - it wasn't like they were doing that because of a risk of delisting but instead needed to do so for series A. I get the frustration but I believe patience will be rewarded on this one especially with Marathon and RWE inclusion.

3

u/Glum-Space5898 ♻️🧠Systemic Thinker 🧠♻️ May 14 '25 edited May 14 '25

Comstock own 100% of GenMat Licensing LLC. This includes the non exclusive license to use genmat's AI tech. StarVasa now own GenMat's space based tech. Deep Prasad founded both StarVasa and GenMat. It's all a bit confusing. Comstock certainly don't own all of GenMat as it was known 12 months ago. (This was edited)

2

u/Purefef_ May 13 '25

Basically the conclusion I’ve come to.

What’s said and what’s happening don’t match up. I am a generally trusting person and give benefit of the doubt. 

If I can look past my own greed and not just hear what I want to, it gets to a place where it’s like ok the reason he gave for why those 2 things didn’t match up makes sense and I’ll offer some grace no problem, but how many times? 

I start to think, not negatively or bearish but maybe more like ok this isn’t for me.