/biz/ - Business & Finance

>>19132903
The CEO tries to focus on future growth but investors look a bit tired and the company's past is kinda weak. https://simplywall.st/stocks/us/materials/nysemkt-lode/comstock-mining
This link shows the company as rather weak with many red flags. They look to have cleared their debt and their assets surpass their liabilities which could be a good sign for future growth. Much of their growth relies on gold retaining high prices (above $1600 i think) in order to make them profitable. I'm still trying to understand the whole issue with mercury tho. Overall, sites like the one I posted say it's a risk with not much upside potential but the transcrupt I'm reading is relying heavily on some investments they make and are heavily relied on outside parameters imo. Idk man I'm semi-convinced but the CEO being overly optimistic and avoiding the negatives make me skeptical. Also calling share price could be an attempt to keep investors from taking their money.