TVI Pacific Inc. V.TVI

Second shipment

[Bigalex]

Highlights: Balabag has completed its second shipment of gold dor in the amount of 894 kilograms ("kg") containing 641 ounces of gold ("Au") and 27,552 ounces of silver ("Ag") for 992 gold equivalent ounces. The Balabag second shipment of gold dor has generated gross proceeds of US $1.8 million. Balabag mill plant availability month-to-date has been 85% and it is currently processing at a month-to-date average rate of 1,064 dry metric tonnes per day ("tpd") with a continued focus to optimize the operation and to ramp-up throughput to 2,000 tpd. The average recoveries month-to-date have been 93% for Au and 86% for Ag. The average head grade month-to-date has been 1.8 g/t Au and 95.1 g/t Ag.

[d1investor]

My initial thoughts. Well that's good news overall!  regular shipments, getting through the top soil and producing $'s. A working mine that will increase capacity. Honestly, I can't tell if $2M a week moves the bar on the stock price, it should in my mind, but again, nobody really selling. I wonder how long until we get to a more productive part of the mine?  Does anyone

[willywonka]

I am more interested in their 5B drilling and waiting for results. They surely anticipate excellent drill results based on extension of gold bearing targets. GL

[willywonka]

Been a long wait but I believe that this is only the beginning of a long rise to a much higher share price. Only my opinion.

[kcuhc11]

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[babybunny]

I am thrilled that they are making a decent profit as they blow through the overburden. When they get throughput closer to 2000 tpd and start processing the richer ore, ka-ching, ka-ching, ka-ching.  Whether this takes one month or two, it does not much matter to me.  Investors will justifiably go apeshit when Balabag revenues hit $10M a month. Glad I have a large position established