Post by
blackbird on Nov 17, 2021 10:10pm
longterm investor with TVI
I do not pretend to know about the mining buisness.This is just my humble opinion.On paper, "Amount of gold produced minus Expences = Profit " You have to run your own buisness to appreciate its worries.Tvird has bills to pay. TVIRD"S income is not that predictable and niether are thier expences.By this I mean they can't predict how much gold will be there each month, or what is the cost to replace broken equipment, or "if" they can replace broken equiment in this pandemic.Tvird has to repay its loan,pay for the new mine it bought along with its upkeep and restarting and also all expected and unexpected costs in running Balabag.I believe Tvird will pay TVI enough to keep TVI's bills paid.As a buisness owner I hope TVIRD will be responsible and pay off the majority of its expences first. With gold production now happening regularly we can see light at the end of the tunnel where TVI will eventually build up its bank account , just not yet, Patience I guess. All TVIRD has seen up until a month ago is a table piled high with bills. Give him a chance before he pays out the bonuses. I'm just as impaitient as you. And we all will eventually make money on this one .Lets believe in Cliff.
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Comment by
kcuhc11 on Nov 20, 2021 11:51am
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