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TVI Pacific Inc. V.TVI

Alternate Symbol(s):  TVIPF

Metals & Mining Industrial Metals & Minerals
TVI Pacific Inc is a Canadian company focused on the acquisition of resource projects in the Asia Pacific. Through its investment in TVIRD (Philippines), TVI has an interest in the operating mines Balabag (gold/silver) and Agata (nickel laterite), Siana (gold, preparing to restart) and the Mabilo project (copper, through Mt.Labo Exploration Development Corporation). TVI is the owner and operator of the former operating mine, Canatuan (copper).


TSXV:TVI - Post by User

TVI Pacific Inc. > Few points from last fins...
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Comment by Skymanon Jun 12, 2023 11:33am
175 Views
Post# 35491583

RE:RE:RE:RE:RE:Few points from last fins...

RE:RE:RE:RE:RE:Few points from last fins...I think there are still issues with solvency. The company pays 1.5 mil in salaries every year with zero earned revenue. Unpaid back pay is now 2 mil as per annual report. The only money they get is token dividends from TVIRD, so they are always cash starved. Now they are selling shares to make ends meet. 53.6 mil @ 2.5 cents and 18 mil @ 1.5 cents. Steady dilution.
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