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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
Post by reyesingupon May 25, 2006 3:54pm
383 Views
Post# 10903152

some kind of different spin on things

some kind of different spin on thingsIf shareholders voted on TVI buying back 10% of all shares... how would they do it? How about if everyone sold 10% of their shares back to TVI for .20 They would have to buy 37,869,650 shares back at a total cost of $7,573,930. (this would bring our float down a little - which is a good thing) You would get paid for your shares in the normal 3 days and be able to buy into TVI (probably at a higher share price) If I had 300,000 shares I would have to sell 30,000 back to TVI. I may have to pay .23 or .27 three days later if I wanted to own more shares. I'm just playing around - was thinking of the meeting tomorrow and this popped out of my head. Hey - TVI is making pretty good doe with gold price around $650/oz. Although -I think if drilling results are good at Balabag, they should put their money towards building another mine... quickly enjoy the hockey playoffs... R.
Bullboard Posts