TVX Gold Message Board - Msg: 9513308

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : TVX Gold

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alex who wrote (674)	5/13/1999 2:09:00 PM
From: Peter Neidhardt	Read Replies (3) of 905

Great 1st quarter report. Haven't seen one like this from TVX in a while. Now has decent cash flow and is profitable, good production. I always knew the fundamentals were there. The only problem was its fairly high debt. Stock is up a little bit. I think we need this Alpha problem to go away and then you will see a nice jump because all the problems will be out of the bag. Look at the volume on the TSE and NYSE, high -> institutions are buying, VERY VERY good! The more I think about it the more I am not so satisfied anymore with the Normandy deal. I think TVX could have survived this market regardless of debt and could have then come to a better financing/merger agreement with someone else. Personally I think Eike should have waited for a better deal. I am not complaining about the eradication of most of TVX's debt, but I think still he (they) could have done better. Once the merger goes through and the Alpha problem is solved, we should see it reach up to near Kinross. If not, oh well, then we got fu*ked!!! P.S. Market doesn't thinkt he merger was great, it was more neutral. Regardless, a rally past $300 gold will benefit us regardless. Not impossible to reach the 1 year high of $5+ CAN in a matter of a couple of weeks. Pete

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next