RE:IDK why we are concerned about TVI/TVIRD,commodities up up!It's weird to be arguing against you RR, I've been a great believer in TVI/TVIRD for over 2 decades and still am very much a fan of their business model overall. Plus, you're probably the most informed person here, so again, very strange to take the opposite side of the discussion here.
1) TVIRD might be making a killing on selling their current ore, but how much are they spending. Are they making a profit with this. We don't know, as they are not a public company. It not being a public company, TVI cannot correctly ascertain TVIRD's value in its own books so gold can go up, but until this becomes more transparent, or has a direct and visible impact on TVI's books, TVI's value will remain undervalued
2) TVIRD might be making a killing on selling their current ore, but this has yet to translate into a resumption of dividends towards TVI. In the meantime, TVI has to take out loans from its newest stake holder just to keep the lights on. i.e. TVI is not receiving a single cent at the moment for commodities selling at this (very nice) price.
3) We have yet to receive an update on the status of the Sienna mine. We found out in May that operations were being suspended. We know they're running through their already mined ore stockpiles so the mine is still operating-ish but there were probably some costs associated with securing the mine activities, none of which has been properly communicated to shareholders.
Don't get me wrong, commodities price is huge plus, and really hope we can take advantage of this, but we need a clear plan on how TVI will reach profitability, we need a clear and concrete timeline on listing TVIRD, and we need a bit more transparency on the status of a huge chunck of their paused mining activities. To me those are fundamentals, and any amount of trying to grasp at straws to find positives elsewhere than the basics will not succeed in a higher share price.
really hope for some good news soon though,
mho
b