Why I became the "Fringe"Knowing Rhonda and her diplomatic but honest ways, I can envision her responding along the lines of "I’m not after any particular size of shareholder, I’m after only the ones who understand our business, our challenges, our periodic setbacks and our successes - the others are just too much work J."
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I was one of TVI's staunchest allies.........(ask Garth)
I used to be one of those types of shareholders until TVI made an announcement saying they were going to not ship every four weeks but go to six weeks but the increase the grade and savings on shipping would more than make up for the longer time between shipping. ( I can get the exact quote)- do you all remember this??????? I continued to buy shares and spread the word about TVI on this premise. CORRECT ME IF I"M WRONG, BUT THIS ANNOUNCEMENT WAS NEVER RETRACTED until the quarterly report when it was announced that the zinc circuit had been suspended- about 2 or 3 shipments after the original announcement. I kept waiting for the grades to improve and when I finally worded my question correctly as to why the grade hadn't improved I was told that it was tied to the zinc circuit but couldn't be told further about the zinc circuit due to the closeness of the quarterIy financial report. I found this to be not only a huge disappointment but it turned into a large financial loss as well. It was wrong that it was not corrected by TVI at my and many other shareholders expense because up until that time, TVI was slowly going from 13 cents to 9 cents and finally to 7.5 cents. Had there been an announcement tying the zinc circuit to the grades of copper and the suspension of the zinc circuit that was termed immaterial by TVI at the time, I would have sold a long time ago- not after many of the other investors who knew what was going on - I believed the company line and the "openness" of IR to my detriment. Now I don't believe anything Rhonda or management says.
Correct me if I'm wrong about this Numskull, but I did not see any retraction. Please show me where they made an announcement concerning the grade of copper and shipping schedule that retracted their original statement before the quarterly report.
If they did, and I missed it then I certainly would not ever give TVI a hard time again and openly apologize for any hard time I've given of them. I believe I read all their financial reports and news releases plus asked Rhonda questions on many occasions.
Now I believe TVI copper grades are getting lower and lower and the proof will be in the pudding at the next financial report and if I'm right, shipping will be stretched further and further out.