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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 cadillacsamon Apr 27, 2011 12:22pm
295 Views
Post# 18494901

RE: RE: What's left?

RE: RE: What's left?Mr. Garth,

I just reported a positive the other day; many rigs are coming back from Asia to be used in the Philippines.

As far as my posting about their resource,  I am just presenting what is in the financial results so that maybe you can have an idea of why people are selling. It is true that a zinc circuit is a positive( only took them 1.5 years to build one) and that it will result in higher grade of copper concentrate, but it also means more ore has to go in to produce the same amount at a higher grade and unfortunately the copper ore is becoming lower grade and depleting. Those are the plain facts.

The Biggest positive would be if they showed more decent grade in the area that would extend mine life and that grade needs to be at least 1%. There should be some news on that. Ask Rhonda, " Where's the copper"?

Another positive thing is that you seem a little more chipper these days. The old lady must be treating you right.

From a mild and pleasant souther city.
Bullboard Posts

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