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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 Nov 02, 2009 1:19pm
314 Views
Post# 16444677

TVI

TVI

     I am glad to see they are having meetings with potential investors hopefully something comes out of it... For the loan it maybe easier to pay it off which they have started to do, along with looking for a new lender sorta got both avenues covered... The only question I got .. how is TVI paying back $3mil to the loan doing the power upgrade and Zinc recovery on only 700k, because you have to understand the cash flow they are making... as of the last qrter they were generating 48% of revenue was EBITDA... that is giving them the cash to do these things. Keep costs dwn and EBITDA high  and good things will eventually happen.. GO LONG OR GO HOME   GLTA


   We know 1 thing , TVI is doing they are doing with cash....  The big investors will come on board sooner or later as long as they keep moving forward like they are doing
Bullboard Posts