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TVI Pacific Inc. V.TVI

Alternate Symbol(s):  TVIPF

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

Comment by d1investoron Nov 17, 2021 1:33pm
130 Views
Post# 34137114

RE:RE:(N)ormal (C)ourse (I)ssuer (Bid)!

RE:RE:(N)ormal (C)ourse (I)ssuer (Bid)! I should have read deeper.  They seem to at this point be getting dividends of just short of $400K CAD after Phillipine taxes.  I would think this is enough to keep the lights on for now,  but not likely enough to buy back shares.  When they get through to the good dirt, and production stays high, it should ramp up.  A couple of times they mention not getting listed publicly in the Phillipines yet, and waiting to see the fallout politically.   

It may be a little bit before this moves, though a running mine is still worth more, IMO, than the stock price has us at.  
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