Comstock Management

Management criteria checks 4/4

Comstock's CEO is Corrado De Gasperis, appointed in Apr 2010, has a tenure of 12.83 years. total yearly compensation is $550.78K, comprised of 89.9% salary and 10.1% bonuses, including company stock and options. directly owns 0.048% of the company’s shares, worth $18.56K. The average tenure of the management team and the board of directors is 2.8 years and 6 years respectively.

Key information

Corrado De Gasperis

Chief executive officer

US$550.8k

Total compensation

CEO salary percentage	89.9%
CEO tenure	14yrs
CEO ownership	0.05%
Management average tenure	2.8yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Corrado De Gasperis's remuneration changed compared to Comstock's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$551k	US$495k	US$9m
Sep 30 2023	n/a	n/a	-US$19m
Jun 30 2023	n/a	n/a	-US$37m
Mar 31 2023	n/a	n/a	-US$45m
Dec 31 2022	US$503k	US$468k	-US$46m
Sep 30 2022	n/a	n/a	-US$42m
Jun 30 2022	n/a	n/a	-US$47m
Mar 31 2022	n/a	n/a	-US$39m
Dec 31 2021	US$680k	US$318k	-US$25m
Sep 30 2021	n/a	n/a	-US$11m
Jun 30 2021	n/a	n/a	US$16m
Mar 31 2021	n/a	n/a	US$23m
Dec 31 2020	US$434k	US$288k	US$15m
Sep 30 2020	n/a	n/a	US$18m
Jun 30 2020	n/a	n/a	US$1m
Mar 31 2020	n/a	n/a	-US$2m
Dec 31 2019	US$372k	US$288k	-US$4m
Sep 30 2019	n/a	n/a	-US$6m
Jun 30 2019	n/a	n/a	-US$8m
Mar 31 2019	n/a	n/a	-US$9m
Dec 31 2018	US$288k	US$288k	-US$9m
Sep 30 2018	n/a	n/a	-US$9m
Jun 30 2018	n/a	n/a	-US$10m
Mar 31 2018	n/a	n/a	-US$10m
Dec 31 2017	US$288k	US$288k	-US$11m

Compensation vs Market: Corrado's total compensation ($USD550.78K) is about average for companies of similar size in the US market ($USD668.06K).

Compensation vs Earnings: Corrado's compensation has been consistent with company performance over the past year.

CEO

Corrado De Gasperis (57 yo)

14yrs

Tenure

US$550,784

Compensation

Mr. Corrado F. De Gasperis has been the Chief Executive Officer of Comstock Mining, Inc. since April 21, 2010 and served as its President since April 21, 2010 until August 2019. Mr. De Gasperis is also a D...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Corrado De Gasperis	Executive Chairman & CEO	14yrs	US$550.78k	0.048% $ 18.6k
William McCarthy	Chief Operating Officer	2.8yrs	US$826.60k	no data
Kevin Kreisler	CTO & Director	1.8yrs	US$710.00k	4.17% $ 1.6m
Rahul Bobbili	Chief Engineering Officer	2.8yrs	US$714.79k	0.83% $ 319.0k
David Winsness	President of Comstock Fuels Corporation	1.8yrs	US$716.60k	1.67% $ 638.0k
Matthew Bieberly	Principal Accounting Officer	less than a year	no data	no data
Laurence Martin	Director of Exploration & Mineral Development and Chief Geologist	16.3yrs	US$163.63k	no data
Zach Spencer	Director of External Relations	4yrs	no data	no data

2.8yrs

Average Tenure

48.5yo

Average Age

Experienced Management: LODE's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Corrado De Gasperis	Executive Chairman & CEO	12.8yrs	US$550.78k	0.048% $ 18.6k
Kevin Kreisler	CTO & Director	1.9yrs	US$710.00k	4.17% $ 1.6m
William Nance	Lead Independent Director	18.5yrs	US$272.70k	0.19% $ 74.0k
Walter Marting	Independent Director	6yrs	US$240.20k	0.19% $ 71.8k
Leo Drozdoff	Independent Director	6.2yrs	US$272.70k	0.33% $ 127.6k
Kristin Slanina	Independent Director	1.9yrs	US$162.00k	no data
Mayaguez J. Salinas	Independent Director	less than a year	US$145.00k	0.0037% $ 1.4k

6.0yrs

Average Tenure

57yo

Average Age

Experienced Board: LODE's board of directors are considered experienced (6 years average tenure).

Comstock Management

Management criteria checks 4/4

Key information

Recent management updates

Comstock Inc., Annual General Meeting, May 30, 2024

Comstock Inc., Annual General Meeting, May 30, 2024

Comstock Mining Inc. Approves the Appointment Kristin M. Slanina as Director At the Annual General Meeting Held on May 26, 2022

Independent Director recently bought US$61k worth of stock

Comstock Mining Inc. Announces Resignation of John Clark Gillam from the Board of Directors

Recent updates

Comstock Inc. announced a financing transaction

Comstock Inc., Annual General Meeting, May 30, 2024

Comstock Inc., Annual General Meeting, May 30, 2024

Comstock Inc. has filed a Follow-on Equity Offering in the amount of $5 million.

Full year 2023 earnings released: EPS: US$0.087 (vs US$0.62 loss in FY 2022)

Comstock Inc. Receives Air Quality Permit from the State of Nevada

Comstock Inc.(NYSEAM:LODE) acquired remaining 10% stake in LINICO Corporation from Aqua Metals, Inc. (NasdaqCM:AQMS) for 0.6 millions.

Comstock Inc. announced that it has received $5.513157 million in funding

Comstock Inc. announced that it has received $2 million in funding

New major risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: US$0.11 (vs US$0.067 loss in 3Q 2022)

Second quarter 2023 earnings released: US$0.054 loss per share (vs US$0.20 loss in 2Q 2022)

New major risk - Share price stability

First quarter 2023 earnings released: US$0.06 loss per share (vs US$0.095 loss in 1Q 2022)

Price target decreased by 15% to US$4.25

Full year 2022 earnings released: US$0.62 loss per share (vs US$0.49 loss in FY 2021)

Comstock Inc. Announces Comstock Technology Produces Circular Renewable Fuels

Comstock Inc. Announces Dayton Mineral Resource Report Significantly Expands Gold and Silver Resources

Price target decreased to US$5.00

Third quarter 2022 earnings released: US$0.067 loss per share (vs US$0.17 loss in 3Q 2021)

Comstock Inc. announced that it has received $0.375 million in funding

Comstock Inc.'s Cellulosic Ethanol Technology Ready for Commercial Deployment

An unknown buyer acquired Daney Ranch property located near Dayton, Nevada from Comstock Inc. (NYSEAM:LODE) for $2.7 million.

Second quarter 2022 earnings released: US$0.20 loss per share (vs US$0.15 loss in 2Q 2021)

Comstock Inc. Announces Significant Expansion of Its Cellulosic Technology Portfolio by Filing for A New Patent

Comstock Inc. announced that it expects to receive $2 million in funding from Tysadco Partners, LLC

Comstock Mining Inc. Approves the Appointment Kristin M. Slanina as Director At the Annual General Meeting Held on May 26, 2022

Price target decreased to US$5.75

First quarter 2022 earnings released: US$0.095 loss per share (vs US$0.22 profit in 1Q 2021)

Full year 2021 earnings released: US$0.49 loss per share (vs US$0.49 profit in FY 2020)

Comstock Mining Inc. (NYSEAM:LODE) acquired an additional 45% stake in LINICO Corporation from Michael Vogel for $4.5 million.

Independent Director recently bought US$61k worth of stock

Price target decreased to US$7.25

Third quarter 2021 earnings released: US$0.17 loss per share (vs US$0.54 profit in 3Q 2020)

Investor sentiment deteriorated over the past week

Comstock Mining Inc Commences Production at Mercury and Gold Extraction Facility

Comstock Mining Inc. (NYSEAM:LODE) acquired Plain Sight Innovations LLC from Triple Point Asset Management LLC and Global Catalytic Disruptor Fund LLC for $26 million.

Second quarter 2021 earnings released: US$0.15 loss per share (vs US$0.045 profit in 2Q 2020)

Comstock Mining Inc. (NYSEAM:LODE) acquired Renewable Process Solutions, Inc.

Price target increased to US$9.25

Comstock Mining Inc. has completed a Follow-on Equity Offering in the amount of $16 million.

Comstock Mining Inc. to Report Q3, 2020 Results on Nov 17, 2020

Comstock Mining Launches Geophysical Surveys of the Southern Comstock District Dayton Resource Area and Spring Valley Exploration Targets

Comstock Mining Inc. Announces Resignation of John Clark Gillam from the Board of Directors

Tonogold Resources, Inc. (OTCPK:TNGL) completed the acquisition of Comstock Mining LLC from Comstock Mining Inc. (AMEX:LODE) for $24.4 million.

Comstock Mining Inc. announced that it expects to receive $4.475 million in funding

Comstock Mining Inc. (AMEX:LODE) completed the acquisition of 25% stake in Sutro Tunnel Company for $0.6 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age