Why Buy TVI ?.. A few notations/comments/facts....." - risk of volatile government policy " agreed that mining operations operating in the Philipines are not in the most stable environment.Keep in mind that EVEN with the mining sentiment that exists in the Philipines, TVI/TVIRD has successfully secured Permitting and Funding for the Balabag gold mine.I am not aware of any other mining company in the Philipines having accomplished this in the last few years.
"- shares outstanding" Yes 697 M fully diluted shares outstanding is high,however easily rectified with 10 to 1 reverse.Unknown if that is part of TVI future plans.TVI will be profitable regardless of the 697M shares outstanding.
"- 3 year mine life short term and pipeline not assured " The Balabag project has secured financing based on the 3 year mine life.Once Net Profit from Balabag is earned, TVI/TVIRD will have the funds to extend the reserves.
" - low portfolio diversity" TVI will have 30.66% interest in two operations ( AGATE and BALABAG ) as well as minor interest in IGE.TVI's FIJI gold interest could be revived ?
All Investors should carry out their own due diligence.I feel good about my investment in TVI and anticipate the actual Balabag mining to begin.glta