coal seam intercepted at 68m, page-6

I really like where TVN is going.

It has a project that is delivering. It is located in a politically stable, mining friendly country with several world class projects coming online from this year.

Ivanhoe Mines has stated that Mongolia is set to become the the worlds fastest growing economy with gdp growth of 35%. I agree with this. Think of the many coal and copper projects coming online (i must say, all are tier 1 world class projects too).

investment funds can no longer ignore mongolia, it will be a better economy with its vast resource riches. I guess after TVN have a jorc, i wouldnt be surprised to see funds and investments becoming shareholders of TVN.

Since TVn currently has no jorc, most funds will deem such investments very risky and rather wait till a jorc is established.

Another cost advantage of TVN is its proximity to rail lines. The rail line is publicly owned and accessable by TVn (bonus and cheaper compared to privately owned). I have found estimates for 1km of railway in Mongolia is $US2.5-2.8m this is a significant advanatage to TVN as we do not need that capital intensive cost (being only 6km from the rail line)

Announcements have stated Hole 6 is used to determine the width of the coal seam. Since we have 2.6km strike of over 100m coal seams, it wouldnt be surprising to see the coal seam to be wider.

This is a great mongolian coal play. I hope to say that i was part of the TVN story right from the beginning in the future :)