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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 NYRRon Jun 25, 2010 1:04pm
220 Views
Post# 17222120

RE: Axctually it's lower revenue

RE: Axctually it's lower revenue

   We are going to see roughly 2 shipments/qrter for the next 2 qrters which will take our Revenue from 20 so mil to 14 mil... Head grade on copper has dropped that is why it is taking them longer to get the 5,000 tons of concentrate to ship, they have mentioned they are uping production to offset the headgrade drop ( hopefully they can get that production soon)... They have stated the next shipment is roughly 6 wks if they hit that , thats the 1st week of Aug....  I agree Drilltip we are going to be trading 5-8cents and hopefully no bad news or we will be under 5 very quickly.... ( you stated that it could take a yr to get the bugs out ..if thats the case we will be under 5 cents for sure)GLTA
Bullboard Posts