The Storey Teller News and commentary on what’s really going on in Storey County.
- As reported in Yahoo Finance, Comstock Mining Inc reaps the rewards of the Ouija Board telling it where USA Parkway was going to poke thru and convinces the Lyon County Commissioners to make changes to their master plan. Last time it took only $15,000 per Commissioner to get them to toss out the Master Plan in favor of them strip mining Silver City. We hope the Commissioners held out for more money this time…
“Corrado De Gasperis, President & CEO of Comstock Mining Inc. said, “The Lyon County Commissioners have demonstrated outstanding leadership by making critical land use changes that support and facilitate the economic development opportunities spreading throughout our region. Our property sits squarely in the middle of these changes.”
The Company’s 98-acre Comstock Industrial Site is available for development and recently received the Nevada Certified Site accreditation from the Northern Nevada Development Authority (NNDA). It is in immediate proximity of the super-routed USA Parkway and Highway 50 intersection. This site is located in the direct vicinity of the expanding Tahoe Reno Industrial (“TRI”) Center, the Silver Springs Airport, the now re-zoned Downtown Silver Springs parcels and the USA Parkway—that is scheduled for completion later this year.”
This paragraph is about as nonsensical and prevarication laden group of words and you can assemble to describe the Comstock Investor Mining Company:
“Comstock Mining Inc. is a Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock District and is an emerging leader in sustainable, responsible mining. The Company began acquiring properties in the Comstock District in 2003. Since then, the Company has consolidated a significant portion of the Comstock District, amassed the single largest known repository of historical and current geological data on the Comstock region, secured permits, built an infrastructure and completed its first phase of production. The Company continues evaluating and acquiring properties inside and outside the district expanding its footprint and exploring all of our existing and prospective opportunities for further exploration, development and mining. The near term goal of our business plan is to maximize intrinsic stockholder value realized, per share, by continuing to acquire mineralized and potentially mineralized properties, exploring, developing and validating qualified resources and reserves (proven and probable) that enable the commercial development of our operations through extended, long-lived mine plans that are economically feasible and socially responsible.“
And if you believe that, you are simply not paying close enough attention.
