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Gold/Mining/Energy : TVI Pacific TVI (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Tim Cruise who wrote (67)	11/13/1997 4:01:00 PM
From: Gerry	Respond to of 152

Tim, I am just going to jump in for a minute. TVI is yet another junior with lots of potential but little current substance. Management appears to be focusing on cash conservation. The current gold price is not very conducive for gold exploration juniors, which makes me wonder about the status of the Canatuan project as the financing was negotiated at higher gold prices. Exploration in the southeast asian area must show a slowdown in the nearterm causing a ripple effect for EDCO. Therefore any prediction of management on the nearterm financial performance of the drilling company is overly optimistic. The shareprice reflects the current state of the company whose price dipped to a low of $.075 today. Regards Gerry

To: Tim Cruise who wrote (67)	11/14/1997 11:04:00 AM
From: keith massey	Read Replies (1) \| Respond to of 152

I guess I am eating my words now. I honestly believed it would move up based on its fundementals -.15 looked very cheap at the time. The day after I wrote my positive post gold crashed (swiss selling) and then a day later the market crashed. I guess I couldn't have picked a worse time to buy back in. I averaged down twice looking for a dead cat bounce and got out when it rebounded a couple of days later with a small loss. I hadn't looked at its price for the past few days and couldn't believe when I saw .08. I don't know if it will go lower but with a cash value around .07 I am going to start watching it again. Best Regards Keith