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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 Feb 02, 2008 3:16am
288 Views
Post# 14308271

RE: News

RE: NewsThat is what he SHOULD be doing, imo. It is what I think should have been done long ago, as I have stated, BECAUSE, I believe others could/would have realized TVI shareholders far more value, and maybe still could moving forward. BUT when you put a company in the position of being on its knees, without funds, huge amount of stock issued, it gets very hard. If you want to fund this sort of company yourself and carry on, then probably what is required is to roll back the stock 20 for 1. This of course would only benefit current shareholders if the then reduced float was well managed, and money could be raised at a higher price, relatively speaking, than at current levels. Does anyone think the current managment capable of doing that?????? I do not. What we have here, is probably another effort to raise funding, with major dilution, or loss of majority of asset base, or both. Followed by control of same management. If this turns out to be the case, who benefits??? Ask yourself that, and then ask, what is it going to take to get this company in the hands of managment that is going to get current shareholders a great performance. The only way I see this happening, is change, brought on by current shareholders, but of course we are such an apathetic group, that we perpetuate, and even encourage continuation of the behaviour which got us here in the first place. Because a group acquired promising properties, does not mean they can manage a public company and provide shareholders with any sort of return. Ask yourselves this: what exactly will you tolerate, what would it take for you to take action (shareholder revolt), and then phone these guys and see whether you think they are on the path you desire, or just feeding you BS, patronizing you, evasive to answer straightforward questions etc. But I doubt many will do this. If you think blind faith is going to move this, I suggest a review of the last year of "news releases" and compare it to the latest. See ANY change???? The way I see it, if it were not so pathetic, it would be a sit com, but you may see it differently. If so explain, but in real terms. How about starting with the share price, volumes, bid etc. How about the last news release? Now that was informative! Anyone know what the latest "extension" even means. Is it for 10 years????? roflmao There are parties that want to move on legal action here. Who is interested? As well, certain options are now under question, and the managment here has been advised of same. Did they tell you that?
Bullboard Posts