Thomas Degasperi

Comstock Commences Production at Mercury and Gold Extraction Facility

Retrieved on: 
Wednesday, September 22, 2021

Mercurydependent ASGM uses a process known as amalgamation to dissolve gold from natural deposits.

Key Points: 
  • Mercurydependent ASGM uses a process known as amalgamation to dissolve gold from natural deposits.
  • The amalgam is then typically isolated by hand and then heated to distill the mercury and isolate the gold.
  • Problematically, mercury is hazardous to human health and the environment, where residual ASGM wastes contaminate water and soil and bioaccumulate into the food chains.
  • The risks to children are also substantial, with mercury emissions from ASGM resulting in both physical and mental disabilities and compromised development.

Comstock Announces Second Quarter 2021 Results and Business Update

Retrieved on: 
Tuesday, August 10, 2021

Transformational plans are nearing completion, after successfully liquidating non-core assets, eliminating debt, acquiring new technologies, strengthening management, and launching new strategic lines of business.

Key Points: 
  • Transformational plans are nearing completion, after successfully liquidating non-core assets, eliminating debt, acquiring new technologies, strengthening management, and launching new strategic lines of business.
  • To that end, we are targeting a few more commercially viable clean technology transactions that position us for extraordinary growth.
  • Frankly, we believe our existing platform is already worth multiples of that target based on comparable valuations currently exceeding billions for similar lines of business.
  • The Company will host a conference call today, August 10, 2021 at 8:00 a.m. Pacific Time/11:00 a.m. Eastern Time to report Second Quarter results and provide a business update.