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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 Olderwisernowon Jan 16, 2008 12:17pm
294 Views
Post# 14212059

RE: looking for an opinion

RE: looking for an opinion The stock price unfortunately is giving you the answer. Remember what I said was my opinion on the ability of the current management to strike deals, or part with their employment positions, for something which is more beneficial to current shareholders, other than themselves. I still hold that opinion, and todays announcement is sooooooooooo typical of what you expect from TVI. As well this perhaps answers the other question posed here regarding why they just do not sell. Would anyone offer them a continuous employment???? This is after all an employment vehicle for them, and they have put years into this, so parting is probably difficult, I would think. The bottom line required here to get any sort of action, is relatively straight forward. Proven up reserves, able to be mined at a profit, which reflect real value, along with managment who can handle it so that the company actually benefits in terms of increasing worth, not just having it employ people for a few years, with no other benefit. ie accrue profit in a substantial way, and not spend it all. I keep saying it: my opinion is,sell it, merge it, but do not leave it in the current hands so that the story continues for another ten years, or just fades away. This news release does NOTHING but create anxiety about whether they actually have something accomplished. It would not surprise me to see even another extension or blah blah blah coming. It is the TVI way! Your play here, if you like the shot, is as I said, to buy when it bottoms, probably under .09 as said previously, and hope for a pop on something in the way of real news. Will it happen????
Bullboard Posts