Friday, September 10, 2021
Comstock Mining (LODE)
Investing in a Low Carbon Future
Comstock Mining Inc. is an emerging innovator and leader in the sustainable extraction, valorization, and production of scarce natural resources, with a focus on high value strategic materials that are essential to meeting the rapidly increasing global demand for clean energy, carbon-neutrality, and natural products.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Acquisition of Plain Sight Innovations. Comstock acquired Plain Sight Innovations Corporation in exchange for 8.5 million restricted Comstock shares, along with the intellectual property assets of PSI’s affiliate, FLUX Photon Corporation, in exchange for a performance-based cash payment equivalent to 20% of the company’s future consolidated net cash flow from operations up to $18 million.
Investing in low carbon fuels. PSI operates a commercial pilot cellulosic fuel facility in Wisconsin and owns patented, patent-pending, and proprietary process technologies to convert woody biomass into cellulosic ethanol, along with co-product precursors for renewable diesel, bio-mass derived crystalline graphite, bioplastics, and carbon neutral alternatives to fossil fuels. The company’s …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
