This is a very interesting tiny mining company operating in the Phillippines.
They actually have 1 huge problem: the national government has not yet taking the decision to clarify the national mining law. Actually that national government is accepting that local govt ban mining in their region even if totally illegal.
A decision (in my opinion) is going to come very soon and this will fix the main problem that TVI still has out there.
They have the cash on hand and many projects ready to go and if agm presentation is accurate, they should produce (finally) their 43-101 for their bootstrap mining startup in Balabag where they should produce gold at a very good pace.
So if planets align properly i expect TVI to get back to where it should stand rapidly and on the very short term it should be back to 0,065 being more than a double in a short time.
What is most interesting is the lack of interest for the shares and usually it indicates a bottom pending news and unless these news are really bad, TVI could jump pretty rapidly.
As usual do not invest more than you can afford to lose and always do your owwn due diligence before investing in any stock.
Get THE PLAY OF THE DAY on Twitter: @investman2
They actually have 1 huge problem: the national government has not yet taking the decision to clarify the national mining law. Actually that national government is accepting that local govt ban mining in their region even if totally illegal.
A decision (in my opinion) is going to come very soon and this will fix the main problem that TVI still has out there.
They have the cash on hand and many projects ready to go and if agm presentation is accurate, they should produce (finally) their 43-101 for their bootstrap mining startup in Balabag where they should produce gold at a very good pace.
So if planets align properly i expect TVI to get back to where it should stand rapidly and on the very short term it should be back to 0,065 being more than a double in a short time.
What is most interesting is the lack of interest for the shares and usually it indicates a bottom pending news and unless these news are really bad, TVI could jump pretty rapidly.
As usual do not invest more than you can afford to lose and always do your owwn due diligence before investing in any stock.
Get THE PLAY OF THE DAY on Twitter: @investman2
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