RE:RE:RE:New chief operating officerAgree with your comments. Glencore would also be applying pressure to fill the spot to ensure their supply of concentrate. As for bankruptcy it could still happen. This stock is not attractive to a serious investor. Too many shares outstanding, more dilution to come for Rosh Pinah, limited minelife at other sites and no copper exposure are but a few of the reasons I avoid this like the plague.
HA20200 wrote: Actually, I believe the reason they did not fill the position in the last 2 years is everyone expected them to go Bankrupt and it took this long to improve TV's long term prospects to the point where they could attract an exerienced and respected executive to fill the role.
I think it bodes well for TV that David Schummer is now willing to come on board..........because I am fairly sure......had he been offered the job last summer when the SP was 6-7 cents ..he would have refused. As would most concerned with attaching their reputation to a situation that bad.