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

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To: Dave Kosmayer who wrote (48)9/30/1997 8:13:00 PM
From: keith massey   of 152
 
Dave

I actually sold the other half of my stock at .29 a couple of days ago. I saw to much selling pressure coming in an decided to take my profits. I still think the stock has fundamentals but I only got in to get the run-up from the current news. Too many people were looking for an exit point for this stock. With the winter sell-off coming and 90 million shares out I would wait until the .15-.17 range before getting in. I wouldn't be suprised if the did a 5-1 rollback in the next few month.

Personally I will buy in at anything below .15 in the next few months. As soon as the stock doubles I will sell. I may have to hold the shares until Jan-June to get a double but with working capital, a mine in the making and good drill results I am fairly confident it will see .30 and above.

To everyone still holding. The stock still has good fundamentals so I wouldn't sell unless you need a tax right-off

As for the 1.8 million. I believe it was a large cross. I can only guess what the cross signifies.

My current hold to get the run-up from the news in MAD. Check it out it should pop from the current level of .84 by .20-.40 when the news out on this monday about their new drill program on a hot property.

Best Regards
KEITH
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