ALERT TVI

VERY IMPORTANT NEWS FROM TVI:

TVI Pacific Inc. and TG World Energy Corp. Announce Arrangement Agreement for the Acquisition of TG World Energy Corp. by TVI Pacific Inc.


23 Dec 2010 20:47 HE







Marketwire

TVI PACIFIC INC.

December 23, 2010 - 08:47:03 PM

TVI Pacific Inc. and TG World Energy Corp. Announce Arrangement Agreement for

the Acquisition of TG World Energy Corp. by TVI Pacific Inc.

CALGARY, ALBERTA--(Marketwire - Dec. 23, 2010) - TVI Pacific Inc. ("TVI")

(TSX:TVI) (OTCQX:TVIPF) and TG World Energy Inc. ("TG") (TSX VENTURE:TGE)

announced today that they have entered into a definitive arrangement agreement

(the "Arrangement Agreement"), under which TVI has agreed to acquire all of

the outstanding common shares of TG not owned by it as of the effective date

of the acquisition on the basis of 0.67 of a TVI common share for each TG

common share (the "Transaction"). The Arrangement Agreement provides that the

Transaction will be structured as a plan of arrangement under the Business

Corporations Act (Alberta) (the "Arrangement").

In addition, TVI has agreed to purchase 29,650,000 TG common shares and invest

$1,317,500 by way of a convertible promissory note to assist TG in financing

its immediate obligations.

TVI's principal assets are its interest in the producing Canatuan copper-zinc

mine in Mindanao, Philippines, its interest in the Balabag epithermal

gold/silver deposit also in Mindanao and its interest in a broad array of

prospective mining tenements in the Zamboanga Peninsula, Philippines.

TG's principal assets are its interest in an offshore oil and gas concession

located in the Philippines, its interest in a joint venture covering certain

oil and gas prospects located on the Alaska North Slope and its interest in a

joint venture with an affiliate of China National Petroleum Corporation

relating to exploration prospects in Niger, Africa.

Details of the Transaction

Upon completion of the Transaction, all TG common shares not owned by TVI at

such time will be automatically exchanged on the basis of 0.67 of a TVI common

share for each TG common share. The consideration to be received by TG

shareholders pursuant to the Arrangement represents an approximate 48% premium

over TG's 20-day volume-weighted average trading price, and an approximately

78% premium over TG's closing price as at December 22, 2010.

Upon completion of the Transaction (and after giving effect to the private

placement transactions described below), TVI will have approximately 577.9

million common shares issued and outstanding, of which current TVI

shareholders will own approximately 84.4 % and former TG shareholders will own

approximately 15.6%.

The total value of the Transaction to TVI has been estimated at $13.5 million,

consisting of a combination of cash to be invested in connection with the

purchase of TG common shares and TG convertible note and the common shares of

TVI to be issued upon completion of the Arrangement (with each such TVI common

share having an ascribed value equal to TVI's 20 day volume weighted average

trading price of $0.12).

Click here to view a Snapshot of the Transaction Details

Business Rationale for the Transaction

In authorizing the Transaction, the TVI Board of Directors determined that the

acquisition of TG would allow TVI to leverage its extensive relationships in

the Philippines by entering the Philippine oil and gas sector. This could

provide TVI with access to a second cash flow stream that would help to offset

TVI's exposure to base and precious metals commodity pricing risk.

The TVI Board of Directors believes that this Transaction will allow TVI to

capitalize on broader development opportunities opening up in the Philippines.

Following completion of the Transaction, TVI is expected to:

-- have a second resource base, which will include additional assets in the

Philippines; and

-- have an attractive mix of production, development and exploration stage

resource assets.

"We believe that the Transaction represents an attractive opportunity for TVI

shareholders," said Cliff James, President and CEO of TVI. "TVI has a

strategic need for an acquisition to expand its cash flow sources, but high

commodity prices are making advanced acquisitions in the Philippines mining

sector difficult to secure. This opportunity will also allow TVI to build

scale and scope through an investment in an additional resource that is

expected to help mitigate the risks associated with a single commodity."

"The TVI Board of Directors views the acquisition of TG, including its assets

in the Philippines, as an important addition to TVI's existing portfolio,

"added Brian Cramm, the Chairman of the independent Special Committee of TVI's

Board of Directors. "The combined cash flows from operations should allow TVI

to pursue production from wells drilled within the offshore Philippines

concession, to continue the Company's mining exploration and development

activities on the North Zamboanga tenement package and to pursue other

resource opportunities."

Mr. Wayne Thomson, Chairman of TG added, "the planned combination represents a

unique opportunity for TG's shareholders. The Transaction will merge

anticipated cash flow from the offshore Philippines wells (and possibly North

Tarn, Alaska) with a corporation that will have the financial and technical

capacity to move TG's oil and gas projects forward. TVI is a well-managed

Canadian mining company with roots going back over 15 years. TG is pleased to

be able to offer it shareholders an opportunity to become a part of this

larger and stronger enterprise".

Private Placements

Subsequent to the execution and delivery of the Arrangement Agreement, TVI

entered into a subscription agreement with TG (the "TVI Subscription

Agreement"), which provides for TVI to purchase 29,650,000 common shares of

TG, at an aggregate subscription price of $1,482,500, representing a per share

sale price of $0.05. The TVI Subscription Agreement also provides for the

purchase by TVI of a $1,317,500 principal amount convertible promissory note

of TG (the "Note"). The TVI Subscription Agreement contemplates that the

principal amount of the Note (and accrued interest) may be converted into TG

common shares, at a conversion price of $0.05 per share, in certain

circumstances, including: (i) the TG Board of Directors having resolved to

accept an acquisition proposal from a third party that constitutes a "superior

proposal" for purposes of the Arrangement Agreement; (ii) if, after

conversion, the number of TG common shares held by TVI would be less than

19.5% of the total number of issued and outstanding TG common shares; (iii) if

the conversion is approved by the TG shareholders; (iv) if the TG common

shares are delisted from the TSX Venture Exchange; (v) if the TSX Venture

Exchange provides its consent to conversion; or (vi) at any time following

December 31, 2015. After giving effect to the purchase of TG common shares

pursuant to the TVI Subscription Agreement, TVI will own approximately 19.5%

of the total number of issued and outstanding TG common shares (not including

TG common shares that may be issued upon the conversion of indebtedness owing

under the Note or the 12 million TG common shares proposed to be issued to LIM

Asia Special Situations Master Fund Limited in connection with the private

placement transactions described below).

The TVI Subscription Agreement provides that the net proceeds from the sale of

TG common shares and the Note will be used by TG to pay amounts owing, or that

may become owing, in respect of the oil and gas assets of certain TG

subsidiaries in the Philippines and Alaska and (to the extent of any balance)

for other corporate purposes.

TVI intends to vote the 29,650,000 TG common shares referred to above in

favour of the Arrangement at the special meeting of the TG shareholders,

optionholders and warrantholders that is to be called and held to consider and

vote upon the Arrangement (the "Meeting").

In addition, TG has entered into a subscription agreement with LIM Asia

Special Situations Master Fund Limited (the "LIM Subscription Agreement"),

under which LIM has agreed to purchase 12 million TG common shares, at an

aggregate subscription price of $600,000, representing a per share sale price

of $0.05.

The private placement transactions contemplated by the TVI Subscription

Agreement and the LIM Subscription Agreement are expected to close promptly

following receipt of all required regulatory approvals.

TG Board Recommendation

Negotiations concerning the Transaction were conducted on behalf of TVI by a

special independent committee of the TVI Board of Directors consisting of

Messrs. C. Brian Cramm and Jan Horejsi and on behalf of TG by a special

independent committee of the TG Board of Directors consisting of Messrs. Wayne

Thomson, Gordon Hoy, David Moscovitz and Michael Ames.

The TG Board of Directors, on the unanimous recommendation of its independent

special committee, has determined that the Transaction is in the best

interests of TG and the TG shareholders and has resolved to recommend that TG

shareholders vote in favour of the Arrangement. Management and the directors

of TG and certain other shareholders, who beneficially own or exercise control

or direction over approximately 4.01% of the issued and outstanding TG common

shares, and options entitling them to purchase up to an aggregate of

approximately 3,950,000 TG common shares, have entered into support agreements

with TVI under which such persons have agreed to vote their TG common shares

in favour of the Arrangement. Two additional shareholders of the Corporation,

who currently own (in the aggregate) approximately 31.39% of the outstanding

TG common shares have advised TVI of their support for the Transaction and

have indicated that they plan to vote their TG common shares, and any TG

common share purchase warrants held by them, in favour of the Arrangement at

the Meeting.

The Arrangement Agreement prohibits TG from soliciting or initiating any

discussions concerning the sale of material assets or any other business

combination involving TG and provides TVI with the right to match any

competing proposal that TG receives from a third party. Under the terms of the

Arrangement Agreement, TVI is entitled to receive a $500,000 termination fee

from TG in certain circumstances. Additional details relating to the

Arrangement Agreement will be included in the information circular to be

delivered to TG shareholders, optionholders and warrantholders in connection

with the Meeting. Copies of the Arrangement Agreement and certain other

documents will be filed with the applicable Canadian securities regulatory

authorities and will be available at www.sedar.com.

TG'S Financial Advisor And Fairness Opinion

Jennings Capital Inc. acted as financial advisor to TG and has provided a

verbal opinion to the TG Board of Directors that, as of December 21, 2010 and

subject to the assumptions and limitations contained therein, the Transaction

is fair, from a financial point of view, to TG shareholders. MacLeod Dixon LLP

acted as legal counsel to the Special Committee of the TG Board of Directors

and Borden Ladner Gervais LLP acted as legal counsel to the Special Committee

of the TVI Board of Directors.

Closing of the Transaction and the Private Placements

Completion of the Transaction is subject to the receipt of all necessary

securityholder, court and regulatory approvals (including the approval of the

Toronto Stock Exchange and the TSX Venture Exchange) and the satisfaction or

waiver of certain other conditions. The resolution respecting the Arrangement

will require the approval of not less than 66 2/3% of the votes cast by TG

shareholders, optionholders and warrantholders (voting together as a single

class) at the Meeting. The Meeting is expected to be held in late February

2011. An information circular relating to the Meeting is expected to be mailed

to TG shareholders, optionholders and warrantholders in January 2011 and the

Transaction is expected to close by early March 2011.

Completion of the private placement transactions contemplated by the TVI

Subscription Agreement and the LIM Subscription Agreement is subject to the

receipt of all necessary regulatory approvals (including the approval of the

TSX Venture Exchange). All securities issued pursuant to the TVI Subscription

Agreement and the LIM Subscription Agreement will be subject to hold periods

imposed under applicable Canadian securities laws and stock exchange rules.

About TG World Energy Corp. (TSX VENTURE:TGE)

TG World is a Calgary-based, junior international oil and gas company with

exploration, development and production operations in the Philippines, Alaska

and Niger.

TG World (BVI) Corp. (a wholly-owned subsidiary of TG World) is partnered with

operator Nido Petroleum Ltd., Kairiki Energy Ltd. and Trafigura Ventures III

BV in a joint venture for Service Contract 54A in the North West Palawan Basin

of the Philippines.

TG World Energy Inc. (a wholly-owned subsidiary of TG World) is partnered with

operator Brooks Range Petroleum Corp., Alaska Venture Capital Group, Brooks

Range Development Corp. and Ramshorn Investments Inc. in a joint venture that

is pursuing oil and gas opportunities on the Central North Slope of Alaska.

TG World Petroleum Ltd. (a wholly-owned subsidiary of TG World) is partnered

with operator CNPCIT, a unit of the China National Petroleum Company, in the

Tenere Block oil and gas concession in the Republic of Niger, Africa.

About TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF)

TVI Pacific Inc. is a publicly-traded copper producer focused on the

production, development, exploration and acquisition of precious and base

metal mining deposits in the Philippines. The Company's interest in the

Canatuan Mine and its other Philippine assets are held through its affiliate,

TVI Resource Development (Phils.), Inc.

TVI UPDDATE

Hope you had time to read the last press release.

Future is really interesting and get ready for a good leg up any time now whenever TVI close above 0,135

COPPER ARTICLE

This is a very interesting article on Copper and it relates to TVI future copper earnings. In cases the link does not work you can find an integral retranscipt of the article from cooper investing news.It is a great source of info and if copper interest you, you can subscribe easily.

http://copperinvestingnews.com/4401/copper-2011-price-outlook/


Have  a good day

Copper 2011 Price Outlook



Email Print


Tue, Dec 14, 2010 Copper Articles, Feature Articles


By Leia Michele Toovey- Exclusive to Copper Investing News




If copper closes the year near its current price of around $9,200 per tonne on the London Metal Exchange, the metal will finish the year with an impressive 35 percent gain in only six months. While the recession of 2008 battered the metal’s value, 2010 is the second year in a row that the metal will trace impressive price gains. In 2009, as China embarked on a stockpiling program, the metal soared 140 percent. So, what is in store for 2011? Copper’s impressive price gains stunned analysts in 2010, as they consistently upgraded predictions. Now, with consensus that copper is one of the most fundamentally strong commodities, what are investment firms and analysts projecting for 2011?






According to Goldman Sachs, investors can expect 2011 to be another year of rapid price gains for the red metal. On Monday, the investment powerhouse released their projections for the copper market in 2011. They expect accelerating demand and shrinking stockpiles to buoy the metal above $11,000 per tonne. “We maintain our 12-month ahead copper price forecast of $11,000/mt and believe that prices could spike substantially above these levels, most likely in late 2011,” Goldman added.






If copper holds near its current price, it will close the year in record territory. Benchmark copper on the London Metal Exchange is currently trading above US$9,200 per tonne. In 2011, Goldman Sachs expects the metals to diverge and follow their own fundamentals, and this is exactly why copper will do so well. Robust demand from China and emerging markets combined with shrinking production will drive up copper prices, and exhaust almost all exchange stocks. Next year, demand will expand 6.4 percent to 19.98 million tons, the biggest gain since 2007, Morgan Stanley predicts.






Stockpiles now sit around 466,500 tonnes, down by around one third since early April and the largest slump in inventories since 2004. The supply situation will only tightening as miners cope with exhausting reserves. Rio Tinto Plc.’s (NYSE:RTP) copper unit chief said it’s “hard to imagine” a decline in prices for the metal as limited supplies from mines exacerbate a shortage next year.






Mining companies are already missing analysts’ output forecasts because of lower-quality ore. Average ore grades fell about 26 percent in the last two decades, according to Deutsche Bank AG. Demand will outpace supply by 367,500 metric tonnes next year. Stockpiles may drop to an all-time low of less than one week’s usage, said Michael Widmer, a London-based metals analyst at Bank of America Merrill Lynch.






Next year, supplies will be under even more pressure enhanced pressure as the new physical commodity backed ETF’s come online. JP Morgan Chase, who will soon, launching an exchange-traded fund in copper, bought up more than half of all the reserves on the London Metals Exchange. Other exchange funds will be offered by BlackRock (NYSE:BLK) and ETF Securities. These funds will back their investors with actual physical supplies of the metal, taking away the much needed copper from those who actually need it from the limited supply pool.






Other forecasts






Kevin Norrish of Barclay’s commodities (NYSE:BCS) research team said that he sees copper prices averaging US$ 9,950 per tonne through Q3 of 2011 with an upside potential of USD 10,000 per tonne. Mr. Norrish added that he expects copper inventories to fall to their lowest levels on record next year at a time when the pace of economic growth is forecast to increase.






UBS raised its outlook for metal prices in 2011 on Tuesday, Dec. 14th. The investment firm predicts Chinese inflation worries will ease and demand will pick up in the spring. They raised there 2011 copper price forecast by 13 percent to $4.15 per pound. This is below the current price for the most actively traded contract, for March delivery, on the Comex of $4.2090 a pound.






According to Francisco Blanch, head of Global Commodities Research at Bank of America Merrill Lynch (NYSE:BAC), copper is forecast to average $11,250 per metric tonne in 2011.






Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

UPDATE TVI

There is something in the air.

Today again another good buy at 300k at 0,12 and a bid for over 800K from the same buyer.

Normally when large buyers present themselve it means that a company is vinally starting to be recognized for it's real value and rapid climb is now a matter of weeks

I still believe that the final resistance from the early traders that bought at 0,03 to 0,06 is at 0,135.

If it closes over that level expect a great leg up till about 0,18.

That would be a very nice Holiday present!

UPDATE FOR YEAR END

Expect a complete report on top picks for 2011 within the next couple of weeks and the reasons why i choose them.

For 2011 expect the best 20 picks covering most sectors.

ALERT BPOP

With the recent trend put it on a watch alert until 3,11$. This will be the next buy signal then next huge resistance will be around 4$

UPDATE MB DAN

Consolidation phase for MB seems to be over. Expect another leg up to the next resistance level between 0,72 and 0,84.

DAN is on the move again and what is very interesting is that they will benefit from any kind of car sales increase as they are not tight up to any manufacturers. Ford still represent a big chunk of their business but they are a supplier for most of them.

UPDATE MB

As expected the great rally has begun on MB.

TOday it has touched 0,70 and i would not be surprised to see another round of this rally for the next 2 days.

2 weeks ago somebody bough 800K shares at one time and again today i saw 1 deal of 1M shares and another for 1,1M shares. To me that is the signal MB is back on track and ready to get back to it's old share value. Could this be some kind of hedge fund? Look...today 1M shares was 650,000$ so it is not retail investor.

They have turned the corner, have started again to make profit, are able to sign new deals meaning confidence is back (EA is not anybody you know) and we see these deals of M shares happening.

The actual value of MB is more like 1,20 and as mentionned on october 26th the 0,64 resistance is gone and we are now testing 0,72. (almost achieved today).

By getting rid of the 0,72 wall, the next step will be close to 1$ unless another wall comes in at about 0,84 from traders. From an investor point of view, 1,20$ is the minimum to sell actually.

When Q4 is released and if sales / profit is still very good, the right price could be near 1,50$

But as usual do not invest more than you can afford to lose.

UPDATE TVI

Did you noticed that there are many buyers out there that will buy TVI shares in great volume???

On many occasion and again today there are some who are accumulating shares. Today another buyer bought 500K in one transaction. This has happen a lot in the past month.

Do not know who that could be but definitely buyers who have seen the real value of this company and taking opportunity to buy at a deep discount.

ALERT PRP

What a great news today regarding PRP. THeir agreement will definitely help shares to get back to where they were.

As usual take your profit when possible and close to 50% since alst week is great. Now it all depends upon your game plan...

UPDATE DAN

With auto sales due to be release this week, i would not be surprised to see DAN get another good gain as after all they are profiting from sales increases from most auto manufacturers.

DAN is still a BUY

UPDATE on MEGA BRANDS

Q4 is now half completed and orders for Mega Brands must already be almost in (for delivery in Q4) except for some last minute shipping.

When you look at Q3 results you find many interesting points:

1) Their gross profit margin has increased by 10 points

2) Their sales have increase by about 10%

3) Their interest expenses have diminished dramatically

So my expectations for Q4 2010 are the following:

Q4 net sales 115M$

Gross profit 46M$

Net Earnings 13M$

EPS 0,04

If there numbers would be confirmed, it would mean a 2010 EPS of about 0,54 including a one-time item for 140M$. When excluded, EPS would be nil.

But this is not the point as many expenses in 2010 were related to restructuration and does not give justice to MB.

That is one of the reason this company is one of my top pick for 2010 and 2011. It has turned the corner and this company will revive and re-acquaint its old great reputation that has begun with Ritvik, Mega Blok then Mega Brand.

They are a proud company with proud owners that only did one mistake and paid dearly for it.

I expect 2011 to be a great year now that those problems are gone and that confidence is coming back from retail companies allowing for more shelve space.

I think that the true value of this company is a 500M$ annual sales corporation with a 55M to 70M in net earnings giving them a 0,18 to 0,20 EPS. If share value is based as their competitors (between 12 and 14 times earnings) we have in front of us a company that shares should increase to 2,16$ to be conservative and 2,80$ if we are greedy.

So based upon actual price of 0,59 it is a great opportunity.

As usual do not invest more than you can afford to lose and do your own DD before investing.

Thanksgiving

I will use this occasion to wish all my american friends an happy and great thanksgiving.


Hope you all enjoy

François

UPDATE TVI Q3

TVI report another great quarter.


As expected TVI did a 0,006 per share net profit and this is very good when you have to remember that they are drilling and exploration everywhere possible in the vicinity of Canatuan in a way to increase mine life and keep expenses at the minimum for the short term.

Sure revenues are down compared to last year because of 2 shipments instead of 3.5 (part of one shipment was included in Q3 last year plus 3 regular shipments)

But there are some very interesting points in Q3 reports.

1) Administrative and general cost have decreased by almost 1/3

2) Interest have been reduced by close to 80% due to repayment of shark loan

3) Exploration cost have increased by 800% proving that TVI is working 24/7 to increase mine life

4) They have managed to get operational credit margin at very good interest %. They are building a great credit history with lenders.

5) Their accumulated deficit is now only 2,9M$ and going down every quarter and only about 7,9M in SHORT term debt. That is excellent

6) Still have over 4,4M$ in cash at the end of Q3 BUT TVI is not going to act like a bank. They definitely need the money to drill, explore and then explore and drill. It would not be worthy to accumulate cash to the expense of future growth. It is safe for them to have some (4M$ is largely enough) but more than that could be avoiding them to explore and expand company size. For the same reason do not expect dividend or share buyback at this time.

7) Their Debt to equity is in great shape as is their debt to assets ratio.

But what is interesting investors right now is not what they actually are able to produce at Canatuan but mainly what the next projects are going to be.

They are still working on Balabag. I do not think they are still drilling to find the minimum 50,000 ounces core area but to confirm a lot more interesting area where more than 50,000 ounces exist. They do not need more than the original 50K to start up their bootstrap operations but how about 25% or 50% more…in the same core area. That would be very nice. Oh and by the way do they need a 43-11 to drill and start a bootstrap operation? I do not think so. The 43-101 is needed to allow TVI to mention their confirmed resources not to drill them. Naturally they will provide one sometimes in 2011 to allow them the use of the ‘proven resources’ wording. It they had to go on the market to obtain financing it would be a complete story but that is one the beauty of TVI as they will not need any outside financing to do a bootstrap mine. Initial confirmed resources in 2008 were over 200K ounces and feasibility study was for a full scale gold mine. So the only variable that has changed is the scale of the start-up mine. If they were to go on a full scale, they would probably have to either issue more shares or get some large financing none of which we are interested in at this time.

How about Siennalynn? This area being 4 times larger than actual Canatuan, it could be easily thought that for same quality of ore all around the area it would mean 20 years mine life. Also remember that this new area is almost ready and drilling is already happening there. So what will get out of there? I think it will be great news near the end of Q2 2011 or early Q2 2011.

Zinc could add on some extra cash whenever the correct recipe is found and acceptable results achieve. TVI is not a zinc mining company but why loose it if you can increase copper % and get $$$ for the sub product!

Another surprise could be some interesting results from Dacon jv deal that occurred in January 2010. It has been really quiet on this partnership and whenever it is very quiet it generally means something is coming.

But I think the biggest and more interesting project on a long term scale is Tamarok and drilling will begin in early 2011 as airborne surveys have already begins.

When you look at all these different projects on the table it would be totally unfair to pretend that none of them will be successful.

Remember also that 7 more drills are coming back from the original buyer that desisted himself. So wherever those drills will go they will accelerate their projects.

They will get the zinc separation process right, (this would add up another 10M$ on their yearly revenues and probably another 4-5M$ in net profit)

They will get Balabag up and running (adding another 10-15M$ in revenues and 3-4M$ in net profit)

They will enhance mine life by at least another 10 years with the new Siennalynn project and they have mentioned often it will be stage by stage as the cost of a 43-101 to prove a mine life extension of 10 years at once could be very high But this one could add another 15-20M$ in yearly revenues and 10M$ in net profit one step at the time.

They will explore and drill Tamarok and do not forget that any type of good news on this one alone could mean significant increase in company value and share price. This is the unknown territory and most probably where great share increase could come from. (as a matter of fact share price could come from any great results from any projects they have right now)

Based upon those estimations even if only 1 project was to be successful in 2011, there is no doubt that TVI would increase substantially their gross revenues and net earnings and if Siennalynn, Balabag and Zinc were all to start producing revenues in 2011, the total 2012 expected revenues could be a lot higher than the actual 2010 revenues. Naturally there is always the mines commissioning that could hit some bumps along the road and this is normal but when you look at the possibilities, this is a fast growing company.

They have also definitely shown their ability to deliver and stay on course, control their costs and achieve sustainable profitability.

They have become a very transparent company (I suspect that they are now keeping some surprises instead of being too transparent) and even great companies do not indicate all of what is happening or everything that is negotiated at the time.

They have turned 180 degrees from an almost dead company to a very profitable one (they were able to spend on new projects only since early July 2010 when previous loan was totally paid for and look at what has been already achieved.

They have attract many new investors from OTCQX (remember those 600K to 1M shares transacted in 1 deal at the time) and imagine what would happen if only 1 of them was an analyst from a hedge fund…that being the case they would probably be looking at 7-10 million shares. I do not believe that any of those transactions were done by investors who do not know what they are doing. They know exactly what they are buying and they will take the time to get those shares at the right price and right before TVI starts its next leg up. Now imagine a listing in Honk Kong…

Talking about edge fund accumulating, it is very important to note that we the retail investors that are accumulating shares are doing it when share price is right meaning that we are not rich enough to buy 500K shares at once at the ask price. We will wait and buy them 5 or 10 or 25 thousands at the time then wait for it to come back a little before putting another order. This is the same when we sell. Nobody would do the mistake of putting on sale 1M shares at market bids. So DO YOU THINK edge funds manager are different? NO they will wait and see scooping the good deals on the market. The only way to have them buy the shares at high prices is stop selling them at the actual price that most investors think are too low. But one thing is sure, if those edge funds start accumulating shares of TVI the ask prices will eventually goes higher and the quantity available at cheaper prices will be eliminated. This is a cat and mouse game and patience is most of the time rewarded when you find a great quality company like TVI with a bright future.

Yes there will be some instability in the market but we must not forget that even 5M shares traded in any given day only represents 1% of the total float leaving room for volatility.

May it goes back to 0,10??? Maybe and yes it represents about 25% less than where TVI was 3 weeks ago but it must be clearly understood that investing into TVI (not day trading) is a long term investment that will be lucrative on the long way. Naturally, nobody should resist cashing in some profit when you achieve your profit target. (nobody makes profit by buying stocks, we all make profit when we sell stocks…) but we have to establish goals whenever we buy in stocks and get ready to have some waiting moments and after all that is one of the reason nobody should invest all their eggs in the same basket and keep their portfolio diversified.

But, TVI is a great play in the mining sector and in a very very active area of the globe: Asia.

So this is where we are now: a waiting game where the believers will keep their stock waiting for the next major NR and there are many to coming within the next 2-3 quarters.

For those who believed in TVI some months ago when the share slipped to 0,075: congratulations you have already made a huge profit.

Where will TVI shares be in 1 year from now: your guess is as good as mine but with all those projects in the bank my answer will be :HIGHER…

UPDATE TVI

This morning another single buyer put a bid for 1M shares.  Very good

UPDATE TVI

TVI just posted another very strong quarter and very good cash flow generated.

With these numbers, TVI is still greatly undervalued and i expect a leg up as soon as it ends the day over 0,135

NEW UNDER THE RADAR

This morning i added PRP (Prosep on tsx) as i think they have achieved their bottom and 2011 could be a great year for them.

More to come

ALERT TVI

Volume seem to be still very good and TVI is still on the best upward movement since a very long time. SHould be closing today at 0,135 or better. It will be a 52 weeks high and not sure it has anything to do with Q3 release on monday but a lot more due to new investors coming on board.

Was TVI to close at 0,14 or better, it would indicate that it is breaking now and next stop is 0,195 before finding a new trading range.

ALERT MB TVI AC.B

IT seems that it will be another great day for MB and TVI.

I expect the run up to continue today with a pause near 0,20

For TVI another shipment should be confirmed today and another gain to maybe 0,14. There could be a surprise in the total value of the shipment as copper is about 20% more profitable and labour did not change.

In reagard of AC.B it did took a beating recently (remember to always take some profit...) nut it should be short live. Expect a return to a near 4$ soon.

UPDATE TVI

Today was a great day for TVI. Again another round of large buyer at 3:15 pm. and close to 800K sahres one shot deal.


No, it is not the next confirmed shipment (i would guess tomorrow before opening) but i am convinced it is again the work done by Rhonda in the US that did some great results.

We have never experimented a sudent increase of 1 cent by 1 buyer. Yes we did saw many run up in the past but it was many transactions and many buyers.

What we see now is large orders at ask prices. This will make a big difference as i am conviced that those shares will not appear again on the market for a long time. Also note that the penny flippers have some what disappeared (not the one who keep some and sell some but the real penny flippers). Remember that not that long ago there was a trading game between 1 or 2 investors when 1 will try to lower the price 1/2 cent at about 3:58 and then somebody will buy at the ask to put back TVI on the ask price to end up the day. Well i have not seen that too often recently.

So what are we in now: a couple more grat buyers? I hope so...Another shipment: yes tomorrow (i guess)...Q3 release yes next monday (mind you we all know what will be the results)...then maybe some more interesting volume next week.

I will still keep my numbers at 0,135 to finally get out of the share churn we are experimenting since a long time and in the .10 to .12 trading range we were at. I think the next resistance is within those limits and the moment we kiss good bye to the 0,135, well TVI will run.

ALERT MB

It seems that finally reports were read corretly...

It's on the move and i expect a solid run up from here. Next target  0,74

ALERT MB

They posted a very good quarter this morning. Profit was even higher than last year as we have to remember that in Q3 of 2009 they recovered 72M$ from the Rose Art litigation settlement and otherwiswe their profit would have been only 6,000$ for the quarter.

Sales are improving also so congratulations MB expect a leg up.

To see 2009 Q3 report click here:

http://www.megabrands.com/media/pdf/corpo/en/reports/2009_q3_en.pdf

UPDATE DAN

Well it seems that DAN is getting some traction. Another high 52 today and is on a great leg up. Unless you did not took any profit earlier last month, this is probably not the right time to exit your positions.

DAN is profiting from all car makers in the world and share value os absolutely undervalued at this time. If they were to continue increasing quarter over quarter, there is nothing that could avoid them reach a 20$ per share before mid Q1 2011.

UPDATE on earnings

Was a nice score for AC.B releasing today a grat Quarter results as seen on hte share price movement.

Going over 4$ will be a bit tricky as Air Canada could use that as an exception to get warrants purchases before expiring date. I will follow up.

On friday morning many other will disclose their results; YRCW and Mega Brand (MB).

I expect YRCW to beat estimate consensus and MB to deliver a very solid and strong quarter. This morning at opening, somebody purchase 400,000 shares and the bid was 0,75. Naturally his average cost was only 0,63 but this gives me the impression that maybe somebody knows something and i expect a great leg up tomorrow. Do not forget if that happens to take some profit off the table.

More tomorrow morning.

ALERT MPEL

Very good quarter for MPEL. Expect a good leg up. Pre market already close to +10% and i suspect it could be higher during the day depending of the conference call Q4 view.

ALERT URGENT YRCW

Get ready for an interesting monday as the agreement with the teamster has been ratified until 2015.

Here is the link for the details

http://www.prnewswire.com/news-releases/teamsters-ratification-of-labor-contract-accomplishes-key-yrc-worldwide-objective-106374458.html

ALERT TVI

Already close to 1M shares traded again today.

Would not be surprised to see it gain momentum till end of the week.

Magic number 0,135 then great leg up

ALERT DAN

Fantastic results from DAN. This one is flying under the radar right now. Expect some churn in the 14.00-14.25$ then the next leg up will start with target price of 16$

UPDATE MB

If volume stays as it was since many days, expect to reach next resistance level of 0,64 today.

UPDATE ON LVS

Was i wrong on LVS...It did lost some steam but it lasted only 1 day.

Some times stock may be almost too hot to handle and i think it is the case of LVS right now.

If you took some profit great otherwise today could be the day to do it. Again do not go excessive: take SOME profit and leave the balance of the shares you own rise on house money. (after all whatever you have now must be close to  0 average cost or under)

UPDATE MB

WOW! another great day today.

As expected MB is on the move and we could face some resistance up to 0,65. Then thereafter, the level will be be 0,72 then over 1$

I results from Q3 are anything over 120M$ in sales, get ready for a huge jump back in the $ range. If saes are lower than 105M$ expect a pull back from where it will be on november 4th (the day prior the results).

If you are a short term investor, the best way to play would be to take your profit (25-40% sale of what you have) if you do not think they will make it to 125M$ in sales the day before reults are announced (being Nov 4th).

To me they will get over 125M$ and will stay as a long on MB.

ALERT TVI

For the past couple of weeks we have seen an increase in overall volume. Even if movement has been limited, we can appreciate the fact that more and more large blocks were bought by some investors.


At the same time, many penny flippers have quit the boat...and that is normal and great.

I think TVI is in the process of replacing many day traders with long term investors and we can see that reflected in a huge volume bought (unless i am totally wrong more than 75% were bought at ask price) and feeders were almost timed to add some 100' s of thousand shares whenever ask price was moving to another level (example from 0,115 to 0,12) and the reasonning is that they want to get out. Not because there is no future in TVI but money was already made. They have a well time logic and this is how they earn their living.

So i suspect that we will see in the coming days a share price movement bigger and bigger for the same volume of transactions. If that was to be the case, we should be out of the mud when we hit 0,13 and mid next week after the next shipment is announced seems probable (eralier would be great also...)

We are starting to see the effects of Rhonda marketing all around the world and as a matter of fact they are again in the USA this week (i believe) with i am sure many meetings with investors. She is definitely doing everything she can to push TVI story forward and remember that she as a great story to talk about. (won't go into details as you know how i feel about TVI and no i do not wear pink glasses tonigt). If you look at the charts (i know i am not a technical guy at least not actually due to market conditions) you will see that TVI is well above the 20, 50 and 200 moving average. Very bullish...Even american bulls issued a confirm BUY on oct 18th.

Rest of the week will tell the story but we can certainly appreciate the volume inrease recently. By the way OTCQX volume today was 425,900 and i would guess that many trades went directly to the TSX because of the OTCQX ask were higher.

Again i maybe wrong but last week a large block was sold (about 750K shares) to 1 customer (based upon the timing of the buy and the number of transaction at that time) but even then it repressents only 75K$.

Now imagine that during all those marketing meetings they were able to convice 1 or 2 hedge funds or institutions how would the share price react??? If they were only to invest 500K$ if would represents close to 5M shares at once. Now multiply by 2 or 3 large customers, well you get the picture.

Remember also that what investors (the large ones) have mentionned over the last couple of quarters was that TVI needed to increase mine life. This is exactly what happened when TVI bought the rights to explore the new Canatuan areas. So i believe that now is the time for them to get on board and THEY WILL. They can smell the odor of money miles around and TVI is a great investment for investors who can wait 1 or 2 years.

Even then, if you bought TVI at the end of august (60 days) you have already made 60% return on your investment. Not bad at all.

May it be the start of a great leg up??? I believe so.

Do not forget my friends at:

http://www.mystockbuddy.com/

under the radar KBH BZH

Both of those companies are in top long term growth list but if job report was to get better than 425,000 they would be moved as a top pick for the remainder of this year and possibly into 2011 due to a great potential for share price growth.

ALERT MB

Based on volume and lack of resistance, MB is on the move.

WELCOME BACK MB

I am adding today MB to my picks for this year.

Originally i was awaiting to break the 0,55 barrier before getting back into this stock but based upon recent trading volume and indicators, we could very well be in for a surprise on Q3 results.

Volume is high and resistance is fading away past 0,54. So to wait till 0,55 could miss a great and sudden rally.

ALERT TVI

Tvi posted some interesting news yesterday regarding the drilling at their new properties and based upon wording in the original press release, it is very promising.

Look also at volume where it has increased a lot recently and at the ask giving me a great feeling on the week to come as more good NR are due: another shipment end of the month, Q3 releasing another very good quarter and maybe before Christmas an update on the zinc circuit, 43-101 on Balabag etc etc.

Still time to add some more shares.

ALERT PXLW

Another deceiving quarter and expectation for Q4 do not seems that bright either. If you have some profit to take it could be the time to do so.

ALERT BPOP

Finally a profit.

Results are a bit lower than expected as they still had a loss for the quarter but the sale of Evertec did had a great impact on their overal health.

At this moment i would take a break and see how market will react before committing more $$$. My feeling is that it will climb slowly but steadily. Wait for the 3,10$ before adding some more.

MARKET UPDATE

With the minor drop from yesterday, be careful.

I do not think it was the correction expected. So we may have 1 or 2 sessions in gain but i still expect a 4-5% correction before any major leg up.

You could use that upper dip to pocket some profits but not sure if it is the right time to get fully back in.

I would rather wait for a DOW dipping around 10,500 before getting fully back in.

UPDATE YRCW

As expected guidance for Q3 is really good. I bit lower than expected at first but tonange is increasing. That is a very good sign.

Now in the final days before the teamster approve the new contract and then expect a good leg up.

It is a good time to accumulate. It did not went down as much as expected but still at a very good price.

As usual, this is a speculative play so do not invest more than what you can afford to lose.

NEW PLAY FBP

I have added a new play today as FBP is in my oponion one the endanger banks that have turned the corner. I expect a good leg up again today.

BUT NEVER INVEST MORE THAN YOU CAN AFOORD to loose especially on these very speculative play.

ALERT TVI

Volume is again picking up steam.

There is still a lot of shares to chrun moving from penny flippers to investors but it does look very good. I think TVI will be out of the actual trading range (0,095 to 0,11) the moment it hits 0,125 then watch out as this company has been undervalued too long not to increase suddently very rapidly.

ALERT LVS WFC

LVS could be loosing steam since this great leg up started some time ago. Since first recommended on Januray 1st of this year (actually march 2009) as a top pick for 2010 in climbed from 14,94 39,00$ yesterday for a whopping 160% return this year so far.

So it is normal to see it loosing a bit of steam. BUT expect it to reboud. If you sold some around 35$-36$ it may be time to put it back on your radar for the next oversold condition (dip)

WFC is still undervalued and based upon numbers from JP Morgan it may declare a great Q3 result coming also from the loan provision being much lower than anticipated recupering some hundred of million $ that were put aside for bad debt, but may still be short on the revenues increase. Remember that they close all of their canadian branches in june 2010 and also closed most of their us loan branches (high interest loan offices). Their numbers will be very interesting to look at. Revenues should increase in Q4 and they should be back on track for a great leg up early november and going well into 2011.

ALERT AC.B

Air Canada is now flirting at a double for this year.

I first added this stock at 2,18$ on march 28th and has been on the roll recently. Normally you should have taken some profit on dips and wait for best re-entry point like last week at 3,10 then bought back at 2,80.

If you dis so, you should be averaging about 1,35$ (buying low and selling at higher level did lower your actual cost per share).

My play now is to invest profit made into JAZ.UN a subsidiary of Air Canad that does pay a 0,60 cents dividend per year and that dividend has been confirmed to be paid even after the conversion to a company instead of an income trust. At these level it is close to 11% annual return as a dividend. This is really good and for this reason JAZ.UN has been added to my TOP LONG TERM GROWTH LIST

ALERT YRCWD

The volatility in YRCWD has begun (i was off by a couple of days) and i expect it to be constant until news is released about teamster signature that i still believe will happen by the end of this month. If it was to be rejected, it will means the end for YRCW and shares would become value less.

For the moment it is only PLAY money but as long as price goes down the risk reward is getting higher.

My real share value has not changed and actuallyYRCW is getting nailed by fears and no nes.

Couldl be a good time to accumulate but be very prudent about it as it could reverse in a blink of an eye.

DO NOT INVEST MORE THAT WHAT YOU CAN AFFORD TO LOOSE especially on this one actually. Also may note be a great idea to put a stop losse. You can buy some on the downward movement but be extremely careful.

UPDATE TVI

Yesterday news release was very very interesting.


1) It was a total surprise as everybody was awaiting Balabag plan or something with Dacon. No this release is about a totally new property very close to the actual mill facilitating transport of ore from the new area.

2) The payment made to gain the right to explore the area was relatively small for a sector already producing copper sold to China.

3) There are no delays in drilling. Near the end of this month drills will be on site.

There are no 43-101 for the new Canatuan area but the first % of copper, Au and Ag reading seems better than the actual (and originally expected) % from actual Canatuan. I do expect some drilling naturally to know where to concentrate first. And to me there is no need to pay huge $$$ just to produce a 43-101 just to have the right to call that ‘proven reserves’.

(see 43-101 for Canatuan in 2007 pages 24-90 and 96. See also original expectations for Canatuan on page 101)

Here is the link

http://www.tvipacific.com/Theme/TVI/files/doc_downloads/Canatuan%20NI%2043-101%20Technical%20Report.pdf

Actual Canatuan sits within the boundaries of MPSA 054-96-IX and is a 508Ha area.

IF the new area was to be the same quality overall and is 2000 Ha it is easy to see that it could be 4 times more profitable (gross revenues) or add 4 times more mine life than the original Canatuan for a total of 20 years mine life at actual tons per day drilling.

I cannot verify any 43-101 for the new area but by itself it means a great mine life extension for TVI no matter the % or territory. Was it to be lesser quality or a smaller area, there are no doubts that TVI has just added greater gross revenues and cost of production should not change that much except for ore transportation.

The coming weeks and months will be by far the best of TVI since many years.

Balabag report is coming followed by another solid Q3 report and then the 43-101 for Balabag sometime in November (as usual we could expect some delays as those firms work on their own schedule…)

What else can we ask for?

Not that long ago TVI was chained to a shark loan (but it did saved the company) and this was avoiding any new development plans outside of what was planned when the loan was signed. They had to repay it before going ahead with other projects.

Look at what happened in only 4 months! Very surprising.

Look where’s the debt now??? There is none. Remember that the actual so call debt is a revolving credit margin getting paid after each shipment is paid in full.

How many more of those surprise projects will we get? How many more JV’s are in the loop as of now? Do you really think that their credibility is bad out there?

Financial analysts wanted 100M cap to start covering TVI and mine life extension.

Well to my knowledge 50% of the job is already done and the other 50% is coming fast as being a 100M$ cap company is only about 0,20 cents.

Remember also that TVI is a company with close to 500M shares and volatility will still exist. Many are in this game to flip shares for 0,005 or 1 penny at the time and there is nothing wrong with that.

So will TVI shoot directly to 0,20 NO. It will get there with ups and downs as most of the stock do. Speculators are lightly replaced by investors over time.

Oh and by the way, it may be time to start having a bit more confidence in TVI management. I don’t know for you but I have not seen anything happen that was not planned recently.

Enjoy your long week-end

Do not forget to visit my friends at:

http://www.mystockbuddy.com/

ALERT TVI

Just off press:

Marketwire


TVI PACIFIC INC.

October 7, 2010 - 08:08:32 AM

TVI Pacific Acquires Rights to Exploration Property Near Canatuan Mine,

Including Drill-Ready Prospects

CALGARY, ALBERTA--(Marketwire - Oct. 7, 2010) - TVI Pacific Inc.

(TSX:TVI)(OTCQX:TVIPF) ("TVI" or "the Company") today announced the

acquisition of rights to explore and subsequently acquire a highly prospective

Copper-Zinc-Gold (Cu-Zn-Au) property on the Zamboanga Peninsula, Mindanao

Island, Philippines. TVI's Philippine operating affiliate, TVI Resource

Development (Phils.), Inc. ("TVIRD"), has signed two agreements that cover a

total of 2,000 hectares (4,900 acres) both areas being located within MPSA No.

076-97-IX granted to Siennalynn Gold Mining Corp. (SGMC).

A reinterpretation of previous exploration data on the property from programs

conducted by major international mining companies, together with recent field

work conducted by TVIRD, has identified two types of exploration targets:

near- surface showings that could provide material for immediate trucking to

the Canatuan mill site; and deeper, potentially major hydrothermal deposits.

These targets could add additional ore sources and extend and expand TVI's

mining operations at Canatuan.

Click here to view Property Map and Location of Prospects

Immediate Benefits of the Acquisition

- Samples taken recently from small scale mine workings at the Pinili Prospect

show grades of up to 3.62% copper (Cu), 15.59% zinc (Zn) and 2.40g/t gold

(Au);

- Exploration data, including airborne and ground geophysical data acquired

along with the property, have been re-interpreted by geophysical consultants

and TVIRD geologists. Several immediately drillable prospects; namely, Pinili,

Nanao West and Nanao East lie within a short trucking distance of about 25

kilometers (15.5 miles) from TVI's operating mine at Canatuan; and

- The primary prospect, the Pinili Prospect, where small scale, high-grade

copper mining has taken place, has been identified for immediate drilling.

Exploration Plan

Drilling of the property is planned in two stages:

- Stage 1: a total drill program of about 1,200 metres (3,900 feet) will begin

in October 2010 to assess the extent and quality of the near-surface

mineralization.

-- 7 holes for a total of 500 metres (1,600 feet) at the Pinili Prospect; and

-- 1 hole each at the Nanao West and Nanao East Prospects for a total of 700

metres (2,296 feet).

- Stage 2: By mid-2011, approximately 3,000 meters (9,842 feet) of exploratory

drilling will be carried out on prospects that could host deeper hydrothermal

porphyry copper targets. These prospects include Bailos, Abueva, Tatfu, and

Rodrige.

Property Acquisition Summary

- The properties were acquired from SGMC and YZ Summit Mining Corp, ("YZ"), a

small-scale operator who had entered into an Operating Agreement with SGMC on

a portion of the Siennalyn MPSA and over the past two years was engaged in

mining for the purposes of direct shipping copper ore to China from two small

adits on the Pinili Prospect.

- TVIRD acquired the exploration rights over the property for an initial

consideration of US$1.2 million in cash, with the right to acquire a 100%

interest in the property at a subsequent time, in the event of a decision to

develop a mine.

Geology

The property is underlain by volcanic intrusive rocks which contain epithermal

and mesothermal auriferous quartz-sulphide veins. These veins have been the

target of small-scale gold operators over the past few years.

Near Surface Targets for Immediate Drill Program

Clast-supported hydrothermal breccias containing copper-zinc-lead (Cu-Zn-Pb)

sulphides and gold (Au) within areas of low-temperature alteration are exposed

in historical excavations at Siennalynn. Grades of up to 3.62% Cu, 15.59% Zn

and 2.40g/t Au in the breccia lodes located in the northern part of the

property have been identified as possible near-term feed for the Canatuan

plant. This area, called the Pinili Prospect area will be the subject of the

immediate drill program.

TVIRD mapping recently completed at the Pinili Prospect Adit 2 revealed that

the main mineralized breccia lode strikes WNW with steep dip directions

swinging from NE to SW. It is exposed for at least 85 meters (278 feet) along

the drift of Adit 2. The breccia lode is a structurally-emplaced body at least

2 meters (6.5 feet) wide where mapped, but the full width is not exposed in

Adit 2 and may therefore be greater. A low grade mineralized alteration halo

also exists around the main breccia lode. Where it was exposed at a crosscut

within Adit 2, an 8 metre (26 feet) thick zone grading 0.22% Cu (with trace

gold and zinc) was encountered. Drilling will allow determination of true

width and strike continuity of the Pinili breccia lode.

Potential Deeper Hydrothermal Deposits

Evidence of additional, larger and deeper mineralized targets of porphyry

mineralization is being identified using reprocessed geophysical data combined

with ground prospecting recently completed by TVIRD. Mineralization is

extensive but outcrop exposure is limited requiring further follow-up. These

prospects are Bailos, Abueva, Tatfu, Rodrige, Nanao West and Nanao East.

Previous airborne magnetic survey data outlined a large alteration zone of

quartz-clay-sulphide-iron oxide in the central part of the project area.

Reprocessing of this magnetic survey data revealed a core alteration zone 2

Kilometres by 1.5 Kilometres (1.2 miles by 1 mile) of low magnetic intensity

surrounded by magnetic volcanic rocks. Surface mapping of this alteration zone

has outlined several mineralized areas of quartz-sulphide breccias and

hematitic altered rocks.

Soil geochemical anomalies coincident with ground IP and magnetic survey

anomalies from previous investigations occur along the margin of the

alteration core. Ground prospecting follow-up by TVIRD has identified several

potential drill targets; namely, Bailos, Abueva, Tatfu and Rodrige. Of these

prospects, Bailos has been traced over 1 kilometer (0.6 miles) in length.

Further exploration including trenching, mapping and sampling will be carried

out to better pinpoint the drill targets.

Cesar Medina, Exploration Manager of TVIRD, is acting as the Qualified Person

in compliance with NI 43-101 reporting requirements with respect to this news

release by virtue of Mr. Medina's membership of the Australasian Institute of

Mining and Metallurgy (AusIMM) and the reciprocity rules covered under ROPO

(Recognized Overseas Professional Organizations). He has prepared and/or

supervised the preparation of the scientific or technical information in this

document and confirms compliance with NI 43-101 requirements. TVIRD's

exploration programs are designed and conducted under the supervision of Mr.

Medina.

Peter Swiridiuk of AIMEX Geophysics, Gold Coast, Australia and Graeme Mackee

of Geo Discovery Group Pty. Ltd., Brisbane, Australia have been engaged by

TVIRD as consultants for the re-processing and interpretation of the airborne

and ground geophysical data acquired by Placer in late 1990s. Messrs.

Swiridiuk and Mackee are also Qualified Persons in compliance with NI 43-101

reporting requirements.

MARKET ALERT

We are around a correction. Most of winenrs are at the overbought signal. Expect a 5-8% correction soon.

Remember LVS that i was talking about yesterday: it sanks 1$ today.

Time to lock in some of your profit and get ready for the next great entry point 48 hours after the correction achieve a 5%. Until it reaches 5% it is not a correction. For example LVS needs to be another 1$ under MINIMUM to achieve his bottom.

Easy trick, take your profit and then put in your buy order with a 1 week delay. DO NOT FORGET to verify each day where market is going and react acconrdingly to avoid buying in the middle of the correction.

As usual do not invest more than you can afford to loose.

PS: Have you seen the great volume on TVI today? Is there something brewing?

URGENT UPDATE YRCWD

Based upon a conference call tonight, expect high volatility tomorrow. WAIT UNTIL IT SETTLES before doing any move as it could hit a new 52 weeks low.

It seems that a 300M$ swap is coming diluting the shares at over a 60% rate if numbers are correct. Note also that this number has already been mentionned.

If this is the case shares could plunge to record low tomorrow on early trading time.

That beeing the case, it could be a great speculative move but again be extra careful and DO NOT invest more than you can afford to lose.

UPDATE MB

MB is making a come back to my top 2010 picks if it breaks the 0,55.

Sound very promising for 2011.

Wait for the final update and welcome to the top picks

ALERT LVS

Get ready for a pull back soon fro about 10-15% intraday.

Does not seem probalble to substain that rhytm unless a new floor is created.

NEW SPECULATIVE PLAY FBP

Do you find the market boring and need some high adrenaline???

FBP  First Bancorp in Puerto Rico.

I have laready BPOP in my top 10 picks but FBP could be very high risk / reward if you have some profit to speculate.

With a value per share higher than it's trading price, it will be a make or break.

By playing this one in a very technical way and taking profit whenever it does gives you a 30% return, it could well play another great play as YRCW did. (remember the alert when it went down to 0,11 cents ???)

Well, this one seems to follow the same path. Entry point between 0,27 and 0,30 and stop losse around 0,19

The game is on but again never invest in those stock more than you can afford to loose. Quick money can reverse rapidly in quick losses

MARKET UPDATE

Did you took some gain ???

Most of the time october brings in a correction and even if i expect that one to be in the 5-8% range it is alwasy a good habit to grab some gains and wait for the next entry points.

This represents a 10% change in share price and even if it does nto close at that level, you can buy back shares at intra day well under the closing value.

Do not get too greedy. If you made the profit you wanted, get some off the table and be patient. It may takes 1 or 2 weeks but a certain correction will come.

It is always sad to think that gains were made but only to realize that you never make money by buying stocks but money is made when you sell.

You made your 30%...get the profit and wait for the next re-entry point. Even if the stock goes higher be patient. NOBODY has even been bankrupted by making profit...

So the rule is simple: get your 30% off then wait for a 10% pullback. Believe me it works great!

UPDATE YRCWD

YRCW is now trading for the next 4 weeks under ticker name YRCWD.

With this 25 to 1 reverse split it may gives the impression that this company is going down but...

Expect higher volatility for the next 10-15 days and may gives a good entry point below the old 0,20 (now at 5$ level)

But be carefull. The company mention they could try to get some more $ invested and this could dilute again the shareholder actual value.

On the bright side, they will not get delisted and teamsters should signed the new work contract. With Q3 that i believed was a good quarter (not great but good) it will give plenty of good occasions to cash in some profit.

I would only lower my % of profit before cashing in. Instead of 33-50% gain  i would start cashing on a 20-25% return. Be careful not to let too much on the table!

UPDATE TVI

As expected TVI has completed another shipment adding a 8,2M$ to revenues this year.

As usual it was on time and in line with expectations.

http://www.tvipacific.com/Investors/news/News-Release-Details/2010/TVI-Pacific-Announces-Completion-of-Seventeenth-Shipment-of-Copper-Concentrates-Produced-at-Canatuan1122804/default.aspx

URGENT ALERT YRCW

Another very high call to put option ratio.

The volume is unusual and based on that info, the stock is to make a move and based upon the number of call, it is expected to climb significantly.

ALERT TVI

Expect another shipment this week (probably before wednesday).

This one should be close to 8,5M$ if total DMT is in line with other shipments.

2 more shipments for this year and again TVI will have delivered what they planned for.

Still a mystery as to why share price does not reflect true value of the company but thank god it is giving us more time to accumulate.

UPDATE YRCW

Up to now volume has been under my estimation and gain lot less than expected.

Seems that many shorters are not that nervous and regular investors are still nervous.

2 more hours to go and still expect 0,335.

A gain is a gain but will see tomorrow if trend continues or it would finally be only a bubble...

UPDATE YRCW

Pre market volume is really good as is the sahre price nearing the 0,36 with over 3.5M share already traded.

This could be the first day of a great leg up. Expect over 0,45 today

URGENT ALERT YRCW

Based upon their last NR, YRCW could be headed much higher monday morning.

After hours high were close to 0,40 to settle at 0,36.

What is really interesting in here is the fact that over 120M shares are shorted at this time and i think all of them read the news friday.

So if i was them, i would be running to cover first thing monday and see where it stop. But do not get fooled take some profit along the way up.

Then combine the latest NR with Q3 that would be released about nov 4th (curiously  1 day before NASDAQ delisting decision) where YRCW should have made a net profit over 15M$ and the fact that NASDAQ WILL NOT delist YRCW and will extend a grace period to allow them to complete their RS then you see the huge potential for gains this week.

Be sure to watch the volatility and if YRCW was to close at the high of monday's session get ready for 2-3 more GREAT trading days.

Not far ago their volume was well above 100M shares per day and i expect the same at least for the coming week until YRCW disclose the agreement with teamsters that i think will be excellent. Thos guys know very well that YRCW MUST survive and with all the shares they will get they will be the first to cash in.

So all combined, we have a good company, a good bunch of syndicatd employees and they both wants to succeed in this survival plan. Guess what: they will succeed.

So get ready early monday as it will be a hell of a trading day.

Do not forget my friends at

http://www.mystockbuddy.com/

UPDATE TVI

We are now in a situation where more Market makers will be able to accept bids and ask (complete calls) for TVI.

Normally this results in a higher volume and better prices. Last Friday TVI closed at 0,098 US meaning close to 0,105 CA.

I would not be surprised to see share price going over 0,10 today.

ALERT YRCW

YRCW options were abrnormally high last friday and thursday as the number of call far exceed the number of put. Most of the time this situation indicates a move in share price. Because of high call to put ratio i suspect we could see a very good leg up in share price.

UPDATE on TVI

Another good volume day. It is a bit slower than last couple of days but results are good. Any increase in share price is good...

Interesting to note that i am not the only one that think TVI is a good play:

http://www.benzinga.com/press-releases/10/09/c475062/small-caps-offering-value-investment-idea-of-the-week-tsx-bev-nyse-imn

See for yourself.

UPDATE TVI

I am more a fundamental value investor type and contrarian than a technical one but very interesting to see that TVI has surpased the 13 and 50 days average still sitting on the 200 dma.




If it was ever to get to 0,95 it would have cross it in the green territory.



The coming weeks will be really interesting.

François

do not forget my friends at http://www.mystockbuddy.com/



Have a good day.

UPDATE TVI

Is this the beginning of a new leg up ?

For the past couple of days wolume has increased a lot giving me the impression that hoever was dumping his share is done and that the OTCQX is beginning to create some interest in the USA.

Never the less TVI has moved from 0,075 to 0,09 today on high volume and crossed the 50 DMA.

With the next shipment in sight and copper price at great price, it will be a boost to TVI.

ALERT USA BANKS

Expect a good leg up starting today on all major banks. Just let some time (15-20 minutes) for market to stabilize and then look for some interesting positions on BPOP   WFC   ETFC.

ALERT YRCW

Even if this one is not out of the wood yet (they have to appeal the NASDAQ delisting decision) it is important to note that during the last 30 days 7 analysts upgrade their EBITDA for Q3 and Q4 and 8 did the same for the fiscal year.

This maybe a good sign as only 1 downgraded EBITDA for Q3 and none for Q4 or year end.

Very positive and most of them also increase their earnings per share in the last 30 days.

Be careful and do not forget to take some profit to avoid leaving too much money on the table...

New page

There is a new page UNDER THE RADAR for those who want to know where i could be heading after the next Star Found gives us enough fuel to find another one.

François

do not forget my friends at

http://www.mystockbuddy.com/

AIR Canada is on the fly

Another good jump yesterday and before market opens it seems we may encounter the same thing today.

One very important thing is even if i know this stock is totally under valued, do not forget to take some profit during the run. Nothing is more unpleasant than leaving some money on the table. If you bough at about 1,80 well this is now the time to cash in some of it.

Have a good trading day

François

ps: do not forget my friends at

http://www.mystockbuddy.com/

BALABAG results analysed

Well, as usual this report did exactly what TVI was saying it would do.

It is defining a 50,000 gold ounces. Enough to start up a mill and slowly increase capacity thereafter (500 tons per day at beginning).

I used the word 'defined' until the final 43-101 is completed we should not use the word 'proven' or 'ressources'  because since the Bre-x scandal these words are reserved to whoever does the final 43-101 and they could face lawsuits if they were to declared the 'defined 50,000 gold ounces' as proven ressources..

Some mentionned that results were low but if you look at 2008 Lafleur 43-101 they are very similar in % and the only places where gold % per ton was lower has been in the extensions of the defined area being less important at this time.

I have seen many comparisons between TVI and some others like Medusa mining. Sure Medusa have greater gold % but do not forget that they are not an open pits mining corp and they are drilling near 400 meters in depth and in comparaison TVI is less than 150 meters. This could cause a major difference in results.

So again the future of TVI is great and Balabag will increase the inner value of this company.

As for the share price: who knows. The only sure thing is for the stock to move a lot higher it will need a lot more than 1/10 of 1% of their shares traded in 1 day. (today 527K shares represents about 0,1% of total shares outstandings)

Those days you almost have to convinced investors and market makers one by one and without a doubt they will achieve that goal. They were in Atlanta and New york today speaking to important investors. TVI only need 1 or 2 that will decide to invest some 100,000$ to get the share price moving in the right direction. How long will it take? Well your guess is as good as mine but because of the fact that TVI is totally undervalued it is still one of my best picks for 2010 and whenever the final 43-101 confirm the ressources i will probably already make TVI one of my best picks for 2011.

PS: take time to visit my friends at:

http://www.mystockbuddy.com/

Here is a link to TVI discussion in the USA and you will see that it is getting more and more coverage.

http://www.mystockbuddy.com/forum/showthread.php?p=88985#post88985

Have a great night

François

ALERT YRCW

Lot of activity today and great increase in volume.

Looks like it is establishing a new base around 0,28 and still high resistance at 0,29

Looks very good if it can close over 0,29

ALERT TVI

Balabag report is out.

More analysis to come tonight but it is VERY positive.

Have a great trading day

Market update

Are we out of the wood and out of sideways trading?

If job report coming this friday is great, expect finally a very great leg up in the market in general.

Expect very good leg up from DAN and PXLW as manufacturing results were way over expectations.

As for TVI still awaiting the press release to confirm what we already know. But that is normal whenever you work with lawyers and regulators (they most probably want to be sure of the exact wording used). Since Bre-X scandal it is getting complicated to release news about drilling and especially about gold.

Be patient it will come and i do expect a great but no surprise reports. 50,000 ounces of gold is still a lot of gold.

Happy trading all

The Week ahead

Coming week should not be viewed as a source of great surprises but TVI news release on tuesday or wednesday will be watched a lot. DO NOT EXPECT a lot more than the 50,000 gold ounces as it was a defining drill program because everybody knows the gold is there. Now with that in hand, next steps will detail a lot more what is to come. Remember that they will start a small bootstrap mining that will be increased by itself based upon profit generated. With gold price standing as it is now and cost most probably under 400$ to produce, it does mean over 800$ per ounce of gold as possible profit. PURE extra.

PXLW has taken a beating recently but interestingly many insiders bough more shares. Does that mean they know something we do not know or do they want us to believe something is coming? With the size of this corporation and the style of their products, i think something is coming. Sales based upon their new technology could be higher than tought. Also keep in mind they were profitable only once in 2004. So imagine what a profit could do to their shares.

YRCW: hummm   this one is a pure speculative play but it is worthy. No they are not yet out of the woods and they still have a lot to prove before returning to their real value. As it stands now their value is at about 0,70 to 0,90 with a full value around 1,70$ Q3 should bring in more clues as to where they are going and if their forecast is to be achieved it could well run over the 0,60 rapidly. I do expect an update on the business sometimes in the next 2weeks. Their forecast is EBITDA over Q2 and that would be great. Do not forget to take some profits over 0,45

LVS is still on the run (have you taken some profit recently?) and should be trying again gettin gover some resistance at 31$. Anybody rememebr when i first talked about them early spring last year (at about 3$).
It has been a great runner and the best is yet to come. Still expect this one to close over 40$ this year. MPEL will follow also the same trend and maybe in a greater gain %.

How about american banks? BPOP, WFC and many other are still facing great challenge and it is still the time to accumulate.

DAN: this baby is ready to explode at their first positive quarter (earning wyse). Now see Q3 and Q4 in great shape and expect DAN to gain another 50% before release of Q4 2010.

OCNF is still getting hammered by the lack of economy luster and the fact that ships are rented in advance. But this will stay like it is now. Another great one to accumulate.

Talking about buying on dips: CMFO is antoher very good example. They are in the right direction and this could be easily a 300% stock within a year. I do expect great results form them as they have a great market to expand : China...

For the other one ETFC, GW etc, nothing too exciting at this time in my crystal ball (...) but still good investment overall.

Happy trading all

ALERT TVI

We are getting close to the Balabag release and it could be very interesting. I do not expect TVI to announce more than what they were originally to confirm (50,000 ounces) as this drilling was to define where to drill.

On the other hand market does not seem to estimate too much from that NR. Very surprising because this gold could expand mine life by some years.

So maybe the surprise will come from the market not from TVI.

I think we should get this NR before mid week. My guess would be wednesday.

Will see.

Happy trading

ALERT YRCW

If YRCW can hold on over the 0,26 expect the next leg up to be up to 0,35 by friday next week.

Not sure if it will happen but they should give some updates on their business soon. It that happen and news are a bit over expectations (Q3 EBITDA being more than Q2) then next leg will stop over 0,41

Hae a great day

TVI Pacific from Au to Zinc

The last quarter report did show again another very strong revenues stream and profitability when removing the 1 time event being the repayment of the ‘shark loan’ to be replace in part from a very low interest rate (compared to the previous one).


By analysing TVI we can easily see a very low cost copper producer that has a stream of revenues that will enable them to continue exploration and operation of new mine sites.

TVI still has 3 years of production in the bank (before low % cut off) and are generating enough cash on a quarterly basis to increase mine life significantly.

So what is going on and coming for the last 3 months of the year.

First, Balabag results should start the fun around the end of august (early September) and based upon comments from Mr. James (ceo) stating that they were very very pleased with the preliminary results. As a matter of fact they are still drilling on another vein and I think this could mean a good positive surprise. But remember that TVI never intend to start up themselves a 400,000 Au ounces mine project as it would be too costly and time is not on their side to accomplish that task. If they were to prove that kind of resources, that would be great for share value but would only be accomplish small steps at the time.

They are looking at a bootstrap mine site where cash generated will be reinvested to increase capacity over time. This being said it would still be a very profitable operation and would add up great mine life.

Do not forget also that there are many other opportunities lying in front of them like Tamarok area. I do not expect development right away but prospect out there are really interesting.

So why invest in TVI when shares are moving sideways?

Sure the money invested there could be in a small upward pattern at this time but when you look at the charts you can see that there is a battle between buyers and sellers. Nobody wants to sell at these levels and nobody wants to buy either. I mean nobody because of the number of transactions in any given day. It is very rare that you see a company with so many shares not being traded daily in the million shares range. It is as everything was frozen until something great happen. And, I still think it is coming. Yes there will be some lows and some getting discouraged but I think that the reward is by far greater than the risk. Maybe also Canadian buyers have already picked up their shares and they might find interesting to try grabbing more investors somewhere else in the world. Do not expect financial analyst to come on board at this time to help as the market cap and mine life is still a problem. But get ready if market cap was to be in the 100M$ and a 10-15 mine life remaining.

Look at the cash generated per share, then look at market cap versus real value. Look at the debt ratio, shareholder equity almost positive, a price to book ratio at only 2,62, a P/E ratio at 1,66 and you can easily see that something is wrong with this company share price BUT the value is there.

Many have mentioned confidence toward management: no. Not a good reason because in the market, numbers talk and TVI does have great results.

Some have mentioned mining in the Philippines: no again I do not agree. Nationalizing the mines is not in their interest. Their people are getting far more from private companies than what their government would ever give them if all non-Philippines corporation were to leave.

So where is the exact reason: in my opinion it is a question of company valuation: you have 3 years of mining left that will generate some good money and this is the factor on which it is evaluated. How much money would you invest in a company that has a net projected revenue of about 60M$ over a span of 3 years? Would you invest 45M$ and have a return of 10% per year? Well it would make sense from that point of view and actually I think this is where the market value TVI: a 45M$ corporation that will give a return of 10% per year.

The expectation of getting more copper (and expanding mine life at the same time) and expectations about Balabag are pure expectations where nothing has been confirmed as of today explaining why the premium is almost 0 at this time but when Balabag results do get out in a couple of weeks that will change the scenario.

Your investment calculation will be based upon the same 60M$ over 3 years + any net earnings expected from Balabag. Then from that number do the maths and you will get a fair market evaluation. Anything over proven resources would be the speculator premium over share value.

So for the rest of the year let say we remove zinc from our estimations and keep 2 good copper shipments per quarter. TVI will end up close to 75M$to 80M$ directly in line with original plans from TVI so meaning that they will have again delivered as they planned.

But what will happen next is interesting as Balabag will not get into production mode until probably Q3-Q4 2011 and even at the time they will need some commissioning move real production to Q1 2012. At that time, they will be left with 1 year and 4 months of copper production at the actual Canatuan mine.

So here is what I suspect for the coming 6-12 months

1) They will find the right way to extract zinc from copper if there is a way to do that properly. May not be before year end but remember that this VMS (volcanogenic massive sulphite deposit) is not easy. You have to apply the perfect recipe not to lose copper but only remove infamous zinc. But by doing so you win on the 2 sides of the story: you get $ for the zinc and you increase your copper % (and at the price copper now standing it does make a great difference). But each time to try it out you have to stop and start the actual circuit. (explaining why 6 weeks shipments and not 4 as in the past)

2) They will still ship every 6 weeks and at actual copper price their revenues will be as expected

3) Balabag will confirm a minimum of 50,000 ounces and other steps needed to start mining and gold producing will follow. I think the total process and mine production could happen within a year.

4) Other Canatuan prospection will continue and some interesting sites will be announced as there are no reasons why the actual Canatuan could be the only site where copper exist in % enough to be profitable.

5) EBITDA will continue to improve

6) Interest expenses will drop dramatically due to repayment of the loan

7) No more charges related to debt repayment

8) Other join venture will be explored with major partners



Now let see some ratios and numbers compared to last year



6 months ending June 30th 010



                                                                     2010                               2009                     Diff

1) Revenues                                                  42,4M$                         18,2M$                  133%

2) Exploration cost                                          2,4M$                           0,2M$                1200%

3) Net income                                                  7,2M$                         (1,3M$)

4) Total Liabilities                                           17,5M$                       34,7$M$                  (50%)

4A) Long term debt                                          2,7M$                         19,5M$                  (80%)

5) Due to related Parties                                   0,1M$                           1,2M$                  (90%)

6) Accumulated deficit                                      6,5M$                          32,4M$                 (75%)

7) Net income per share                                     0,013                           (0,003)

8) Cash on hand                                                 6,1M$                          5,1M$                   20%

9) Administrative cost                                         3,8M$                          3,8M$

10) EBITDA                                                     21,7M$                         4,7M$                 400%

11) EBITDA as % of revenues                             51 %                              24%                  110%



1) Revenues are on the rise when compared against last year. Naturally shipments did not begin in January as it did in 2010. But even by adding 3 shipments for Jan, Feb and March 2009, the first 6 months of 2010 are well over mostly due to copper prices rising.

2) This number just proves that TVI is not sitting on their cash and are advancing at a fast pace to increase overall mine life.

3) This number speaks by itself. What a difference 1 year can make.

4) Overall liabilities does include short and long term debts even accounts payable considered as current and very short term

4A) the long term debt has been eliminated totally. The 2,7M$ comes only from pension fund and asset retirement. The last one is at 2M$ and is eliminated as an amortization expense and not cash related. As for the bank loan it is repaid every time a shipment is received and another loan is made after with only the take-off agreement.

5) Very interesting to note also that all related parties transactions have been reimburse except for the current portion that I think is payable on a quarterly basis and must be accrued in the financial statements. Remark also that shares issued to reimburse loans made by company officer were issued as they had no other choices. From the shark loan agreement I would assume that they were banned to make any kind of cash payment.

6) Look at this one. WOW they have made a tremendous effort to maximise net earnings (it is the only way to be on the positive sign). Also please note that a new ratio will be in place whenever they become deficit free. It is called shareholder equity! This is a great ratio for establishing a share price.

7) Very very good for a development mining company that generate their own needed cash flow to expand. Normally used as a great ration to establish share price. In mining it is normally between 12 and 20.

8) The cash on hand is extremely high. Remember that they repay completely the shark loan and replace with bank margins at very low interest rate. There is somebody there that knows their maths…

9) Administration costs have been reduced a bit showing a good control over management expenses and salaries. If somebody was to become greedy for salary, stock compensation, trips etc. It would have shown right there.

10) EBITDA is a non GAAP measure but used my mostly all corporations around the world as it gives a good picture of gross profit and not final results that very often include amortization and depreciation that does not involves cash. Although it is not a perfect ratio it is consider a great indicator about business health and when used quarter over quarter does reflects the real growth of the company.

11) This is how I view business: do they make profit and are they better than they were. Do cost growth faster than revenues? Does administration becomes sharks and think about them first? As you can see, this business is totally exploding on the positive side.



When you look at all these figures it is easy to understand why TVI is still one of my favourite picks. Will it takes 3 months, 6months or a year? This I do not know. But based upon their past results and their actual performance, they will definitely increase mine life to a greater extend and this within the next 12 months.

My final thoughts about share price.

Tvi is totally disconnected form their real value. It is very rare that you will find a company valued at about their yearly cash generation AND ½ of their annual gross earnings as their market caps.

Only based upon their gross earning they should be trading NOW at about 0,16 (which is TWICE than there actual value) then add the cash value 0,01 means that it is almost incredible to be able to buy TVI under 0,17.

Sure the remaining mine life is killing them at this moment and this is great for investors because unless they face 0 gold discovery in Balabag, 0 Canatuan extension this company share value and share price will be multiplied by 10-20 within 24 months. What is also so great is the ratio risk reward: risk is 0,08 per share and reward is 0,80-1,60$ So whenever you see a company that is profitable and this ratio is 10-20 times the possible loss GO. It’s a buy


Have  a great week