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


To: Tim Cruise who wrote (89)5/7/1998 9:09:00 PM
From: LBell  Read Replies (1) | Respond to of 152
 
Somewhere in the last couple of days, I'm sure I read that TVI had appointed 3 new Directors to their Board. Two of them have had previous experience at Cominco. We'll all have to wait & see what happens but this might be a positive change in direction for them. TVI got whacked more than most with the Bre-X scandal & a host of other events that for the most part were beyond their control. It has now gone down to the point that it would cost more to sell it than I would get in proceeds so I'm keeping it.

(Unfortunately, I could not find anything on the Net about this so maybe I read it in the Globe & Mail. I skim so much reading material, I can't recall where it was).



To: Tim Cruise who wrote (89)5/11/1998 9:40:00 AM
From: David J. Mearon  Respond to of 152
 
Where's the good news? What keeps me in is that there's still about a million and a half dollars in the bank and the management were known as good promoters. We did take a nasty hit with Bre-X and the failure of KingKing but there are still some sound basics to work from. I've been buying at .08 just to average down and I'm playing a hunch that things in gold will take a sudden swing and then of course TVI has a
long way to swing. Plus with what you'll recapture if you sell at this price... where's the risk. Were already in the crapper. There's no way out but up. Dave.