TV.TO (TREVF)
I bought some TV.TO (TREVF) in the .82-.84 range. here is what I like.
1) Although price has yet to show it, for me this is simply a story of supply and demand. and kind of why I like TV.TO over the last 5 year we have seen almost a 75% drop in supplies. In fact supplies have almost dropped 10% in just the last 30 days. they practically drop daily. at some point in my opinion that should increase the prices. this isn't a oil situation where there is a glut, we have declining supplies here, and basic econ, told me if supplies are dwindling the prices is gonna go up.
2) TV.TO is profitable miner, rarely do you see them profitable like this. the stock is waaaaaaaaaaaaaaaaay off its highs and if price of zinc goes up like I expect with supplies declining then profitability and hopefully the stock price should climb.
Conclusion: I plan to keep TV.TO small, and I don't consider myself a commodity expert by any means, but the supply/demand picture was too positive for me to ignore, and I think current prices are attractive in my opinion and a good way to play the zinc market in my opinion. all is just my opinion, and I could always be wrong though.
