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TVI Pacific Inc. V.TVI

Alternate Symbol(s):  TVIPF

TVI Pacific Inc is a Canadian company focused on the acquisition of resource projects in the Asia Pacific. Through its investment in TVIRD (Philippines), TVI has an interest in the operating mines Balabag (gold/silver) and Agata (nickel laterite), Siana (gold, preparing to restart) and the Mabilo project (copper, through Mt.Labo Exploration Development Corporation). TVI is the owner and operator of the former operating mine, Canatuan (copper).


TSXV:TVI - Post by User

Bullboard Posts
Comment by plan-bon Oct 06, 1999 8:52pm
112 Views
Post# 1018109

RE: Here's the truth on TVI......

RE: Here's the truth on TVI......You, unfortunately, bought this stock at the worst possible time. It turns out to have been a bad time to have golds period. All the golds were decemated during this period as conditions went from bad to worse. Today is a far different situation. Now we have recovery in Asia, an improving Europe, a booming U.S. economy, a cessation of selling by central banks, oil holding at $23+ per bbl., and the seasonal demand for gold as well as the intangible y2k. We also have some desperate short covering. Even gold producers that forward sold low or beyong their capacity to produce are scrambling to cover,i.e. cambior. As prices move higher this scenario could involve more and more producers, especially those that gambled a little(or a lot) and forward sold beyond their production capabilities. If a viable property is determined through drilling results it will be a lot easier to raise capital or partner without having to give everything away. Possession of a commercially viable gold property will now, and as we go forward, carry far more leverage than previous. TVI may have part ownership of such a property. Forthcoming results will determine that.
Bullboard Posts