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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 Aug 17, 2011 7:34am
199 Views
Post# 18950454

RE: What's up with TVI

RE: What's up with TVI
- "The fact that ship had to be re-route to Europe instead of China created the worst problem. Easy to figure out that the cost to send 5000dmt to China is by far less costly than to Europe. Looking at the details, this expense ruined the quarter and I do not see any changes for at least 1 or 2 more shipments allowing TVI enough time to find a new smelter nearer Philippines."
Where was the news release that the company entered a new contract and had to ship to Europe?
This is outrageous! All we heard for a month was that there was a ship substitution.
This type of blatant omission to stockholders is why no one should invest here.
If I missed the news release by Rhonda, please let me know where it is.. Thanks.
Bullboard Posts

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