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.