Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (8863)	3/5/2002 9:47:13 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 36161

Vt, I contacted the IR at TVX and surprise surprise, they responded promptly... Regards Frank P. - Frank, Granted you are corrected, 90% of the time a reverse split is negative although 90% of the time a reverse is undertaken because a Company is in financial distress which is not the case for TVX. Financial speaking, we are in very good shape with around $50 million in cash ($34 unrestricted) and essentially little debt (there is ~$70 in debt of the balance sheet but it is back-to-back against "Export Pre-payment Contracts"). We are hopeful that the investment community will understand that this is one of the first steps towards growing the Company. Our ability to raise equity in order to acquire assets is limited when our share prices is below $1. Many shareholders have requested that we maintain an NYSE listing (NASDAQ has the same share price limitations because it does have significant value for the Company. Once you drop of the big board it is extremely difficult to re-list. Thanks for the questions. Regards, Carl Hansen cbhansen@tvxgold.com

To: gold$10k who wrote (8863)	3/5/2002 11:50:24 PM
From: nspolar	Read Replies (1) \| Respond to of 36161

vt, maybe a dumb question, but in your opinion: Part I. Is there any advantage/disadvantage to say buying KGC as opposed to K.TO at this time, if one lives in the US? Part II. What about buying Canuck golds in general, as opposed to US golds, assuming again that one lives in the US? Assume the dollar falls relative to the looney over the next yr, and that one sticks with it over the same time. It has not been mentioned much of late but it looks like the hiss of the dollar balloon deflating could be becoming audible, to coin Bill Gross. However, it has fooled us before. stockcharts.com[l,a]daclyiay[dc][pb50!b200][vc60][iUb12!Li14,3]&pref=G