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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 mmarquison Sep 18, 2008 11:18am
383 Views
Post# 15466388

RE: Is the Financing a Flop?

RE: Is the Financing a Flop?Yes OBW,

I agree with you, though like others have said, you do seem to beat your theme to death.

My post was only an observation to point out that we are at a point in time where the project re-financing should either be arranged or found to be unavailable. The recent share price drop suggests to me it's the latter.  Unfortunate for me and others who were not quick enough or astute enough (as you obviously were) to get out before we were down to a point where me really have no meaningful alternative but to wait and see what develops.
MM 
Bullboard Posts