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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 JohnT121on Jan 15, 2011 2:48pm
312 Views
Post# 17978288

RE: RE: RE: RE: What I think of Jitney:

RE: RE: RE: RE: What I think of Jitney:I am not sure what's holding it up, I will call Monday but like you Micheal, not concerned but sure would be if it were not going the way it is.  They better have a good excuse what the hold up is.  I really like ICG and I think this is the first of HG stocks that will run, one or two others may hit as well.  HG has or had 90 properties in the HG portfolio of 8 stocks less KLA/ICG now, while RH is still on the board but ICG is currently funded by SGD.     

I have done a lot of DD on Joe Dwek / The Pathway Group & Mineralfields and how they operate with flow through shares in return for participating in the pp's.  Joe Dwek has it set-up that he makes money - hit or miss. You would be shocked to see just how many stocks on the Venture these guys are funding or have funded!  I am sure many of us here own some of them, I have the list.  It's all legit and while many complain about it, some investors realize it is one of the necessary evils to get funding in the risky commodity exploration business.  It's just good to know how they operate, how it will affect the stock price and invest accordingly.  As we see with TVI, companies have to resort to whatever funding at their disposal to reach either a profitable mining operation or take out by a major.  With strike rates of 1 in 50 or 100 to 1 in 1000 depending on the commodity, it opens the door for all types of questionable funding sources. 

As for Cliff an how he operates, I like hearing all the sides!  From Francois's informative posts along with others also posting positive views; to all the rest with the negative/conspiracy theories - all good reading.  Keeps a nice balance to see both sides.

I am probably somewhere in between.  I remember years ago seeing an interview with John Embry and a caller phoned in on TVI and caught Embry off guard (they are usually pre-screened calls).  Embry would not comment on TVI and would not recommend TVI, you could tell by his tone and body language he had bad dealings with Cliff in the past, he mentioned his name.  Not sure what went on between those two but never forgot that.

So with all I have seen in the past with TVI and all the positive news recently, I remain cautiously optimistic but I do think we will make some good money here, just takes more patience and time.

JMO ... JT
Bullboard Posts