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Gold/Mining/Energy : TVI Pacific TVI (TSE)

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To: Lalit Jain who wrote (24)5/12/1997 2:18:00 AM
From: Eric Freeman   of 152
 
Your analysis may be correct - my time horizon is two years. Only time will tell on this situation. I have said that I am looking for price movement in gold, and commodity driven price inflation related to a decline in the US$ over the next 2 years. I am and have been buying depressed gold stocks over the last two months. TVI represents one speculative portion. I also have purchased long RYO options, and other situations that I believe are over sold. As for TVI, I still like it in this category(highly speculative junior penny stock). It could do anything over the next 6 months, however. A point - TVI has more than one partner, and more than one project at this time, not just the one you mention. I suspect that if the share price remains depressed, and we have movement on metal prices that it might be taken over. That is my reading at this point. My purchases in the .75 - .90 range are not looking too smart at this point, but, I am not unhappy to sit this one out, and take the risk. And the risk is high - potential for complete loss in a situation like this.
Eric
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