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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 11, 2008 12:11pm
302 Views
Post# 14350107

RE: From Ian McColl at TVI

RE: From Ian McColl at TVIThe way I view TVI, it  is a current  management employment agency, and this latest "informative letter"  does nothing more than confirm that, in my opinion. But you folks may see it as encouraging, but not sure how exactle.  Lets see: we will continue to take cash and fund the next dream, from whatever the sources some seeming to be the last dreams. Yes, selling assets, using cash flow  so we can explore, stay employed for sure, and probably never accumulate any profit in this life.  That is how I read this, or have I got it wrong? But you should stay with us, we own the majority  of the diluted stock. All is great, our latest management moves, according to what I just read, is that TVI is now going to divest alot of the stuff previously bought under THEIR MANAGEMENT. Have I got that right?  Anybody want to look back at the China story? And they are now going to explore where was it?
It does not get funnier than this managment from my point of view. They basically are telling everyone that you are stuck with us for years to come, as I read this letter from Ian, and there is not even a  promise of much in the way of profit, because we are going to spend it all on further schemes, plans etc. Have I got that right?  But inform me if I have read this latest information letter incorrectly?
TVI is hilarious, it couldn't get better if I wrote a script on egocentric management, they way I interpret this latest "letter" . I mean completely out of touch, completely without a clue regarding shareholders, value, profit and ROI - but they did say they were the majority shareholders in control, correct? They definitely want to let you know that. Has anybody asked what percent they actually control?  As I asked before, what would it take to actually get any of you to take action. Is this enough? I doubt it!
Why piss around, they should issue another 600 million shares at a penny, and bring the total outstanding to over 1 billion shares and raise 6 milion and then go on an extended vacation, while looking for gold in the Antarctic! Maybe they can discover a method of extracting gold from all that ice!
 It is slip sliding away, along with those assets, correct. as the bid is now .06. Anybody want to guess what they get for all those assets which previously were supposed to be great. You know, China, Drilling Company, Royalty deal. Yes this is a performance to behold alright! Anybody out there taking their MBA, may want to use this as an example of corporate ???? what???? I will let you decide! roflmao
That share sale from the CEO of 4 million shares at .09 .... how is it looking to all you folks now????
Bullboard Posts