|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0000 - 0.0000|
|52 Week Range|
|Beta (3Y Monthly)||3.62|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Comstock Mining Inc. (the “Company” or “Comstock”) (NYSE American: LODE) announced today that it has entered into a definitive agreement, and received a $1 million non-refundable payment toward the sale of its Lucerne properties (~1200 acres) to Tonogold Resources, Inc. (“Tonogold”) (TNGL) for $15 million in cash, relief of $8 million in future lease and reclamation obligations, a permanent reduction of annual operating expenses by $1 million, and a retained 1.5% net smelter return royalty on the Lucerne properties. The company will transfer the ownership or control of the Lucerne properties and related permits, including the Storey County Special Use Permit for mining and processing that was recently extended to 2034. The Company retains ownership and/or control of the remaining land position in the Comstock district, including but not limited to the Dayton, Spring Valley and the American Flat properties.
LA JOLLA, CA / ACCESSWIRE / January 28, 2019 / TONOGOLD RESOURCES INC. (OTC PINK: TNGL) ("Tonogold") is pleased to announce that it has today entered into a comprehensive and binding agreement ...
LA JOLLA, Calif. , Sept. 12, 2018 /PRNewswire/ -- Tonogold Resources Inc. (OTC:TNGL) ("Tonogold" or "the Company") advises that it will be holding its Annual Meeting of Shareholders ...
LA JOLLA, Calif., April 10, 2018 /PRNewswire/ -- TONOGOLD RESOURCES INC. (TNGL) ("Tonogold") is pleased to announce that it has entered into the second phase of its option agreement with Comstock Mining Inc. ("Comstock") and last week paid the scheduled $2 million to Comstock, pursuant to the agreement dated October 3rd 2017 (the "Agreement"), which was announced to the market by Tonogold on October 5th 2017. The Agreement provides Tonogold an exclusive right to earn a 51% controlling interest in 1,162 acres of mining claims in the highly prospective Comstock Lode region in Virginia City, Nevada, which includes the Lucerne gold-silver Deposit, located in Storey and Lyon Counties, Nevada. The decision by Tonogold, follows a detailed 6-month technical and economic assessment of the Lucerne deposit by Tonogold's technical consultants, Mine Development Associates ("MDA"), of Reno, Nevada, which included the development of a new resource model.