TVI
Back in Jan 09' you couldn't get a loan from the local shark down the street and if you did your first born probably had to be collateral. Tvi had to sign lets say a loan agreement they probably would not have signed 2yrs ago, it was either sign or shut down the mine. Now that they are seeing success Cliff has said they are renegotiating a new deal and as banks are easing off a bit they will have a better chance of seceding.
Keep in mind that (1 OF THE MOST IMPORTANT THINGS BANKS LOOK FOR IN A COMPANY IS HOW MUCH EBITDA THEY GENERATE) TVI generated $6.1mil on just $12mil like the report said 48% of revenue was EBITDA that is great.
Say for sake of argument TVI generates $65 mil gross that is $31mil in EBITDA. This will give them some cash to develop, pay down debt etc. For a company to start producing that kind of EBITDA after only 2 qrters is good, Really only 1 full qrter of Production .Check out OPTI/Nexens long lake project they still haven't produced any EBITDA yet and they have been running as long if not longer than TVI.
Float what does that mean take a company like UEX ( love them) Yrs ago 5 cents went to $8 on 183mil shares. They don't have a running mine just a nice ore body filled with Uranium. At that point UEX was worth $1.4bln. Look up Jnn same thing not as high as UEX.
Tvi has potential that is why I am still around a couple good drill results and who knows. Like I believe there is no good reason at this point to sell your shares. Where is TVI price heading who knows but for TVI to be worth 250 mil is not out of the Question so could easily hit 50 cents in the near future say 200 mil 40 cents. GLTA