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[Mac]

I've been watching TIV since April 15th when SK recommended it as a long on the LVSI boards. So, many thanks to you, SK !.

Well, I do believe it's buy time.

It was hit hard today, and as of close today is within 15% of it's 52-wk low of $0.97. I cannot locate any negative press on this company which would justify a drop of 12% in a day. ( also note that it's down ~ 86% since Sept. 08 )

Their balance sheet is fair, with a good cash position (as of 12/08). They own mineral rights in several locations for oil, natural gas, gold (and other precious metals) and calcium carbonate. They are current on their debts, but they had some nonrecurring costs that slashed at any hope of a shareholder profit this last quarter. Also no insider buying since last October....that's a little disturbing.

I have no knowledge of their ongoing operations, if any, so this is mainly a speculative short play for me. (I hesitate to own this long due to consistent history of moderate dilution, among many other unknown factors)

Volume is average 46K shares.

I plan to open a new position at market open tomorrow, with cash reserved to double market share at $0.98.

I am seeking a profit target of 15-20% ($1.28 - $1.35) within one week.....that is, unless someone here can give me a few good reasons to hold long. XD (I know they've estimated to have 6 million oz. of gold reserves, I just don't know how expensive it will be for them to extract it or if they have the funding/equipment/wherewithal to do so....and I'm having trouble finding any current news.)

All I ask is that you all give me 30 seconds after open before executing any buy orders! (remember, I'm small time compared to some of you big-wigs)

[chuckd]

Mac, I agree..I have been buying in for a while now,I was going to make a thread about them but you beat me to it. You covered them pretty well. I like the combination oil and gold play. This is one of the few stocks that I have in my long term portfolio. They are very attractive under 1.25 If they do dip below a dollar I will add several thousand more shares.

[SK_]

I've been involved with this company for well over a year and you can bet I've got a solid buy order in @ $1.10 - but will settle for 1.15. This is a new low. Heavy resistance seems to be $1.35. TIV is an odd company - Blystone, CEO, is a smart man but they don't seem to push publicity! It's very frustrating for investors. Everything seems to be a secret but without a doubt they've got one hellofa reserve underground.

The two new gold venues are Blystone's latest projects. I suspect this tanked today because people were withdrawing cash in lieu of swine flu and other bad news all around; also, TIV is frequently a victim of shorting.

To my immediate knowledge there is nothing notable to cause the drop. There was a brief article over the DOW newswire last week regarding TIV's inability to secure additional funds. But I don't think they make much effort to obtain loans. Furthermore, I attended stock holder's meeting last Oct-Nov and they described the need for additional equipment. ie, need for cash. Should they get the funds, we're talking double or triple capacity to produce.

Perhaps the glut in oil surplus is cause for their passivity. Passive or not, this one's like a ticking treasure, ready to explode. Unless I hear otherwise, my advise is buy but you'll not see much of a rise above $1.35 without some very good news.

I'll try to research the drop in price further tomorrow morning and will keep you posted if bad news is in the mix.

Mac, if you can get in under $1, the bulls are gonna crash your part'ay instantly! :)

[Mac]

ChuckD: Sorry to steal your thunder!

SK: Thanks for the background. I'm going to proceed with my buy...If both of you are long, I do feel better about going long myself...and, I don't currently own any gold producers, micro-cap or other, so this will be a good addition to my own personal mutual fund. lol

[Mac]

Closed at $1.29 today...oh so close...my sell is set at $1.35 for 70% of my shares...trying to book some free-bees. (and need to clear up some cash)

[SK_]

Yes, make room for those free-bees Mac. Little volume on this, as you know, so it's difficult coming back in without taking a hit. TIV generally vacillates btwn 1.20-1.35 Not much of a profit margin, so my recommendation is hold.

IMHO if resistance is broken, this could fly to 1.80 - there's a ton of long term investors who bought in at that point. Those that jumped ship will readily jump back on and hold at that position. XD

[Miles]

I am fully averaged in TIV around 1.20 now. Bring on the POP.

[SK_]

Great Miles!

FYI: Found out this morning information is now officially on lock down. This may take some time... keep the faith. If I hear any negative news, will let you know

[Mac]

OK, we finally got that pop. ( nice surprise when checking my stocks during lunchbreak)

I booked some free shares at $1.50. ( I didn't sell quite enough to cover my principal though because of long implications...)

XD --> Lift Palate --> move over into parking lot --> await next irrational drop, wash, rinse and repeat

[SK_]

Remember very strong resistance at 1.35. We broke that today...

So I made some calls and found out TIV's getting more aggressive with seeking additional funds. They've working several angles to acquire new equipment in order to prepare for another burst in oil.

My theory for the slight pop is good news from Bernanke, rise in oil, and investor acceptance "the bottom" is established. TIV had a loyal following - many may be coming back on board. I'm going to buy as many shares as possible (seeking <1.2) then sell @ >1.4 (like Mac) repeatedly to cover cost and then HOLD.

There's nothing but good news on the horizon for these folks, most especially IF they recruit additional high stake investors. With the market gaining steam, it's difficult to imagine management will fail.

PLEASE NOTE: It's difficult for me to watch this closely at work, if you EVER see large orders (10k+) starting to appear, paleeeze shoot me a message!


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