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TVI Pacific Inc V.TVI

Alternate Symbol(s):  TVIPF

TVI Pacific Inc. is a Canadian resource company focused on mining projects in the Philippines. The Company holds a 30.66% interest in TVI Resource Development Phils., Inc. (TVIRD). TVIRD's assets include the wholly owned Balabag gold-silver mine and Siana gold mine (Siana). It also has in its portfolio of projects its 100%-owned Mapawa project (gold), a 60% indirect interest in the Mabilo project (a copper-gold-iron skarn deposit that offers potential for multi-metal products, namely copper, gold and silver, with by-products magnetite and pyrite), and a 60% interest in Agata Mining Ventures Inc. (nickel/iron DSO mine). Siana is located in Tubod, Surigao del Norte, approximately 35 kilometers from Surigao City and near to Lake Mainit. The Balabag Gold and Silver Mine, which spans a 4,779-hectare Mineral Production Sharing Agreement. The mine is situated within the municipalities of Bayog in Zamboanga del Sur and Diplahan and Kabasalan in Zamboanga Sibugay, Mindanao, Philippines.


TSXV:TVI - Post by User

Bullboard Posts
Comment by Olderwisernowon Jan 23, 2008 2:17am
265 Views
Post# 14246593

RE: The Canatuan Sulphide Project

RE: The Canatuan Sulphide ProjectHere is the question for shareholders, who read the study you quote. IF it is correct, are you really wanting to risk all, when it would appear that it could be sold for far more per share than the current price .08-.09 reflects. Some here question why I post. I question the pacivity of shareholders who have watched TVI go from .14+ ranges to this price since the last "accounting problem" was resolved. Non of the commentators seem to want to address the fact that IF you believe TVI has assets, then WHY doesn't this get reflected in the current price. After all, it has been going down, not just since the halt, but before the halt when the announced accounting issues were announced. In effect it has dropped in half from its highs, correct??? Instead of getting mad at the messenger, perhaps many should be directing their frustration at those who run this company. If you believe anyone else is responsible for the current share price being depressed, explain (probably to yourselves first!!!) The volumes now are NOT substantial, as well. If you think this is good, fine. I think they are pathetic, representing very low dollar volumes. I reiterate, I think this is basically a great opportunity looking for leadership, which hopefully would come from current management, but I am skeptical, as by the way obviously the majority of investors are, else why the decline? I see little in the way of solid news, and I also reiterate that the funding is itself speculative, and those who say this is all normal, well good on you. I have seen many of these announcements, where the fundings are complete. Many/most times they just announce financings, credits etc. This is a very flimsy agreement, with no need to complete, as far as I can see, and no back up of substance, I am aware of. Those who talk here like its a done deal, simply are delusional, or trying to delude others, but obviously it is still wait and see with investors. Might there be a promotion, a stock spike coming? Of course its possible, but without some real substance, it will probably end up a dumping opportunity for many frustrated shareholders. To make this move, with hundreds of millions of shares outstanding, we need substantial reserves indicated, funding in place, and an indication current management/investors are not going to further dilute this situation to where the share price will not move regardless. That is my opinion. It would be nice for some other shareholders to come on and say what they really think, versus the rambling of the forever hopeful, which everyone of course would like to see their rosy projections come true, but have not to date, and for years at that. All my opinion. But are any others wanting change????
Bullboard Posts

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