up 200%, page-9

Have just Been reading reports and this is what i have found, hope it helps-

TVI now hold almost 128 million FOY shares with an average price of 1.1 cents.
TVI pacific are committed to spend immediately 2 million on phase 1 Amazon Bay.

Sounds to me that they have proved up 538million tonnes of concentrate ironsands grading 58% fe which is a very large resource and aiming to prove up 630million tonnes of concentrate ironsands.

At that rate and tonnage i think it would be easy to attract large investors into a project like this, and as i read there is a consortium of Chinese investors ready to move on Amazon Bay so that could be the reason fro the 200% gain yesterday.

Looks very rosey, agreed Assumpta if 6 and 7 fall then it is game on ,and i think we may see 7 fall tomorrow, beyond that there is no selling pressure, as was shown yesterday.Directors seem to have plenty of skin in the game,
Mr Doug Halley Halley - Current directorships include DUET Group (Chairman elect), Foyson Resources Ltd (Chairman) and Aurora Community Television (Chairman).Duet Group (ASX code DUE is currently looking strong with NAB just becoming a substantial holder.

Seems cheap, i will definately be a buyer for more tomorrow.