RE: RE: It is getting interestingI have been in TVI for over 10 years, traded along the way but always with a core holding of "hope" and stock. I rarely post here but follow the boards here regularly. This is one of the best groups posting here that I have seen in a long time. Most are very informative; both on the pro and con sides on every move the company makes, sometimes some are a little too early to jump the gun but nonetheless it is great to hear both sides always! We still haven't reached the P&D posters again but will no doubt be coming again with any real movement in the stock price.
I have seen all along the poor image Cliff has portrayed throughout many of his past questionable dealings causing credibility issues. I really think to deal in a corrupt country like the Philippines and actually do what Cliff has managed to accomplish, you will have credibility issues, whether all are justified or not. Not only with shareholders but lenders, some analysts and industry insiders as well. We all know the only real way to improve company credibility and share value are with continued drilling and some real positive assay news.
We may be pleasantly surprised at the outcome of this deal. It seems to be set-up with outs if it doesn't go as planned. Cliff must be confident about the risk/reward potential on this deal, also being an insider in TG. He has taken TVI from the brink, back to where we are today. I doubt he would risk all these years on a deal like this without confidence it would add to the overall bottom line. I think the timing is right considering the current potential upside in price of oil and overall bull market for commodities in general. I personally like it so far and will continue to add on dips to my position.
One thing I will say, is that I have never seen better marketing and shareholder relations with this company as they have right now. I think all that credit is due to Rhonda. She brings the credibility side back to TVI that was absent for so long in the past. That alone is an invaluable asset to the company!
I guess only time will prove out how well all this benefits TVI.
GLTA ..... JT