RE:the Negative Nellies are tiring,fundamentally imo TVI Am as hopeful as they come RR, you and I (and many others) have been here for a lonnng time and I have always championed their track record with the environment and people management during and even after they're done mining.
However, either as a holding company or an actual miner, how are they going to accomplish positive returns and growth in the future. They have no money with which to either buy another holding and wait for dividends to come in, or even buy a mine and develop themselves. That comes either through a loan or an IPO. The loan needs to be paid back, and historically, that has not yielded any significant results for shareholders (Canatuatan, very successful mine, but not for investors. They barely stayed at a positive EPS while the mine was active and had nothing tangible to use to continue growing once the mine was taped out). An IPO is even worse, as it dilutes current investors, and if they can't find a way to generate actual positive cash flow, the new investors are just going to join our ranks.
That being said, .01c isn't a bad price to buy. I do think the current price is as much about the currently on hold TVIRD mine and once they fix the environmentals and start producting again, it'll go back to the .02 range so an easy double for a few months of waiting. Risky but realistic considering their management history.
MHO
B.