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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
Post by NYRRon Jun 03, 2009 7:38pm
448 Views
Post# 16041731

TVI

TVI


    FYI

     Copper is up 20% since TVI's first shipment, From $1.77/pound to $2.22 today a little pull back from its high of 2.33. TVI 1st shipment in late March was worth $6.4 mil at todays prices it would be worth $7.7 mil a pick up of 1.3 mil just on copper prices not bad. Hopefully copper doesn't pull back below 2.15 which I don't think it will. We should see all commodities move up slowly as stimulus money will be hitting around late 3rd early 4th qrters, that is when orders will pick up for copper, steel etc. 
     
      Trading has been pretty slow lately, Like I said TVI needs good news and good financial reports and we will see trading start to pick up. Being only June 3rd we could possible see 1 more shipment this month, we have shipped roughly 8,500 tons already hopefully another 3,500 for this qrter that would be nice at these prices, if not late june early July should be a big one. GLTA   
Bullboard Posts