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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 MoeSizlackon Mar 14, 2014 4:51pm
532 Views
Post# 22325829

RE:Not many buyers at .02

RE:Not many buyers at .02Mouserman, take a look at CEO compensation, certainly been doing very well and paid cash bonuses every year, despite a 1.5cent stock.

2012 479,166 2,000,000 Nil 150,000(6)
 629,166 
2011 421,371 - - 275,000(6)
 696,371 
2010 300,000 - - 250,000(6)
 550,000 

Maybe someone should ask the board what the "operation and financial performance" parametres are that justify these cash bonus payments?  Seems the bar must be pretty darn low!

6) The Board of Directors grants discretionary bonuses to executive officers from time to time, based on operational and financial performance. 

Bullboard Posts