RE:RE:RE:Re: Tvi management This management just lives the high life in the tropics - They don't care about the share price - they have huge salaries and are living the dream.
I am saying this again:
I think that TG World Energy Corp was sold by Clifford James to TVI so as to double his shares in TVI.
They drilled one hole looking for oil - but probably didn't drill deep enough or drilled in the wrong place.
I think Cliffy should sell all the TG World shares back to TVI at zero value.
I was pretty angry when the outstanding shares doubled due to the stupid deal made by Cliffy.
I think 75% of Clifford's shares should be sold back to TVI for zero cents per share, that would be a good start.
Why did TVI give 2/3rds of TVI to TVIRD? Not sure why? I actually thought that TVI owned TVIRD when this happened - I thought it was set up to make mining in the Philippines more accessable with the Philippine government.... perhaps some sort of pay-offs were done.
I have no idea, with their strategic accounting practices through the years.
Yes I feel duped - I actually still own some TVI shares that were once worth $3.35 per share, and never thought they would become so devalued through all the years of mining - where it is economical to do mining.
Is it possible for the TVI share value to go up to a dollar some day?
I asked that question over 20 years ago....
I sure don't trust management of mining companies since Canadian Lithium Corp went into receivership when the mine was almost ready to start up - only to be started up by a non public company. The shareholders got zero. Lost my shirt on that one real bad.
Good luck to all the shareholders - this company needs a miracle, like drilling a solid gold core sample that is 50 meters long... lol