RE:RE:PatienceHi Jimmy
A lot of things would have to go right for TVI to reach $1.00, but it is certainly not out of the question. I'll lay out how I see it possibly unfolding (my opinion / speculation only - please do your own due diligence).
The first necessary step would be to establish solid operations at Balabag to supplement the profitable Agata operations. Ideally, an expanded resource estimate will be announced this spring, around the same time gold bars start flying out of the mine on a steady basis. If all goes well, this has the potential to raise the price of TVI shares to the $0.20 - $0.30 range, and possibly higher if results are so good that management establish a reputation for having a golden touch.
The second step is a Philippine listing of TVIRD - long delayed for a numbe of reasons, but it seems finally on track for mid to late 2021. This would allow the full value of the operations to be realized, with the crippling political risk premium significantly reduced. If the listing is popular, it would not only make TVI rich on paper, it would also give TVI the opportunity to finally cash in some TVIRD shares at a good price. I could see this creating a further bump, perhaps to the $0.30 - $0.50 range.
The final step needed to push toward a dollar per share is a solid game plan post-TVIRD, usiing the profits from the TVIRD listing. Something like the Fiji gold mine that was contemplated a few years ago, well-executed, could give the TVI share price a final boost toward $1.00.
Obviously, a lot would have to go right to get to this kind of level, but even with stumbles along the way, there is a lot of potential to move above 6c per share.
In any case, it is going to be a fun ride!