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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 Feb 24, 2008 3:22am
410 Views
Post# 14534113

RE: Gotta Love TVI''s Reverse Correlation curve!!

RE: Gotta Love TVI''s Reverse Correlation curve!!I agree obviously with your comments. This story remains the same. Years of effort seemingly going nowhere. The price of a stock and its performance as portrayed by graphics, generally speaking, with a few notable exceptions, tells all. TVI has a very poor chart at this time. Is it an exception?  That has to be the question with believers, if there are many left.
The management at this company is responsible for the performance to date. All the excuses will not change that opinion, for me at least. And continued fiascos such as the last accounting situation and prolonged stock trading halt, then followed by insider sales reports, and failed succesful deal completion, no marketing plan evident as some promised or said was promised to them, and after even the "deal" was stretched out by negotiations and delays, ending with nothing concrete, one HAS TO WONDER?? Or is this good management??? 
What is amazing is that the majority of shareholders are so passive. It is hard to believe that more shareholders are not doing something and attempting to throw out current managment in favor of new talent.  I have not changed  my opinion that this is basically an employment agency, where the main concern is the ego, employment and perpetuation of current management, and that this far exceeds shareholder interests in getting maximum return on their investment. Others may believe whatever they like, but I see it that way. There is a complete lack of managment empathy for shareholders, as expressed in a number of ways previously outlined here. Meanwhile the stock price languishes and people wait for something to happen. I say, do not expect much that will get you a return, but expect something which will keep the current managment in control and employed. So if such a deal comes forward, just accept it as more of the same old, same old, correct or not?  This in contrast to selling the whole works for a decent price, which appears to me to be the best route, for a couple of reasons, if even that is possible now.
I believe those running this company, including the BOD (whom I think are even more guilty, of NOT taking actions, than some of the executives in taking concrete action about the very poor performance going on here) and the current executives, are not capable of getting any where near maximum value for shareholders. Because, in my opinion, their management of this company IS what  hinders passing on the reigns and changing this situation, selling the whole works is a way of them saving face, so to speak.imo of course. Thus we wait for probaoby another mediocre "deal"  AT BEST, which will keep their jobs, continue the "shaggy dog story" of waiting for the next promise to come to reality, as where selling the whole works, would get far better results potentialy, from my point of view, or at least give shareholders a far greater  potential of such imo. And it would do the one thing I believe is required, get rid of this whole executive and BOD, or at least get control out of their hands. Because I repeat: I see this as the NUMBER 1 problem seperating shareholders from VALUE. Put another way, those who think TVI has the big potential, and assets to develop, might want to start considering what those assets would be valued at in the hands of new managment, that the investment community would look favorably at. Because there is simply NO WAY you can rationalize this contradiction: either the assets are there as the punters here claim, and they are NOT reflected in the share price, or there are not assets of this value. If the assets exist, with the value some here claim,  then current managment is doing a spectacular job of not having them reflected in the current share price or cap of the company, as I see it.  I KEEP ASKING the punters of this stock to explain away this contradiction. What do they come up with. NOTHING but personal, childish responses, because they have no answer. Expect more of the same.imo As why would it change?????? And who does benefit from this????
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