TVI Pacific Inc V.TVI

Alternate Symbol(s): TVIPF

Metals & Mining Industrial Metals & Minerals

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.

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TVI Pacific Inc

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Comment by NYRRon Sep 30, 2009 12:14pm

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Post# 16350516

RE: RE: RE: RE: TVI

Thanks Calgary.... but what I see on the loan is that TVI is paying 10%/yr on the original amount no matter what the balance, the total Int on the loan is 23.4%/yr over the loan life so they would save 13.4%/yr on $3mil which is $406,000/yr not the $600,000 I thought. Thanks for pointing that out to me. GLTA

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