TVX Gold Message Board - Msg: 15588444

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Gold/Mining/Energy : TVX Gold

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To: russwinter who wrote (827)	3/30/2001 11:16:30 AM
From: The Ox	Read Replies (1) of 905

I'm not going to knock Gabelli but I would caution you that simply because someone put a bunch of money into this company at a higher stock price doesn't necessarily mean it was a good idea. Every investor who's put money into this company that's held onto their shares have seen their net worth diminish substantially. Right now, I'm not sure there's all that much management can do to help the common shareholder based on the price of gold other than find a white knight who's willing to buy the company based on NAV. We've seen the support base dwindle on the Toronto exchange and we are in the wake of this selling. Add the XAU falling with the stronger dollar and low gold prices and I'm finding it hard to see the catalyst which will reverse the situation. I agree with you that we should watch the volume to look for indications of more folks stepping up to the plate.

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