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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 06, 2008 1:05pm
361 Views
Post# 14326597

RE: me 2

RE: me 2I invest in many stocks. What is stupid here, is that the potential is there, but these guys have shown themselves incapable of handling it, in my opinion. Instead of selling it ALL for something reasonable, or letting someone else take the reigns they spend way too much time to arrive at dead ends, once again, in my opinion. The key here is simple: take the assets, get the shareholders value. If you can't promote, market etc. and raise money at reasonable rates, or do JV's with others, then you are going to destroy the core value in endless dilution while holding on. The management, as far as I can see, has lost all credibility, therefore they seem to grovel around with ???? parties, and get no results. Meanwhile the clock is ticking away, and the money is not there. I would even prefer a roll back of 10 or 20 for 1, IF they had new managment, that was capable, not some group of friends for same old, same old. You want results, that is how you will get them.imo Why am I here? Because I have held some, traded it, sold most, but see the potential going down the drain. My other positions: incredible K from under 8, Eld, HRG, G, and various other situations, all doing well. Some have issues, but have gotten their act together.imo TVI has to do same, and should, but probably will not. Ask yourself WHY? Do not blame the messenger, direct your questions to the people bringing you this performance: Management. It always amazes me how folks do this, shoot the messenger, and leave the real reasons untouched, and under no pressure to change. My suggestion still: want results: shareholder revolt.
Bullboard Posts