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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 Jun 02, 2011 11:24am
258 Views
Post# 18662060

Not quite ready to eat crow yet-

Not quite ready to eat crow yet-3 things that are not clear - MARKET REACTION NOT HAPPY
THEY FORGOT TO PUT IN ORE GRADE THAT WAS MILLED WHICH IS VERY IMPORTANT DETERMINING HOW MUCH ORE IS HAVING TO BE FED IN ORDER TO MILL TO 23% . 
IF ORE GRADE IS DECLINING IT WILL TAKE MORE AND MORE ORE TO COME UP WITH THE SAME AMOUNT OF CONCENTRATE GRADE AND WILL TAKE LONGER TO GET ENOUGH ORE.
THEY SAY SHIPMENT WILL BE 6-8 WEEKS FOR THROUGH Q4. IS IT POSSIBLE ORE GRADE WILL BE TOO LOW AFTER THAT POINT TO KEEP UP THE SCHEDULE????????????????
FULL DISCLOSURE IS ALWAYS BEST.
Bullboard Posts

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