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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 sadoneon Mar 02, 2010 2:41pm
221 Views
Post# 16834617

P/E

P/EWell, with a P/E for year of 1 to 1, using a low end P/E evaluation of 10, is stock should be trading at $1.  P/E means squat in junior mining/exploration companies.  This Co. had its high of
.39 years ago on spec. and now they are a profitable producer but trade at
.10.  If this had a reverse split of 10 to 1 you would not see daily fluctuations of
.50 and $1.00 which would be equivalent to the to
.005 and
.01 swings that you see at its current state,  Daytrades rule hear.
Bullboard Posts