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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 MoeSizlackon May 09, 2014 1:57pm
476 Views
Post# 22544944

Where does the $ go? Look at the new filings! AGM thoughts

Where does the $ go? Look at the new filings! AGM thoughtsCEO actually got a raise! (now $500k) so did the CFO. Heck they have 7 directors all also getting paid on average of $50k each.  Folks this is a 9m mkt cap company and I urge all to do comparisons to other $9m mkt cap TSX miners - you will be hard pressed to find a level of compensation as this esp in this market, where most actually took salary cuts. 

A tough year for shareholders, not sure if than can be said for Management and Directors - stock recenlty at a penny, a significant % of all Philippine assets also now sold.  

A lot to think about for your consideration at the AGM.

TAKE NOTICE that the Annual and General Meeting (the "Meeting") of the shareholders of TVI Pacific Inc. (the "Corporation" or "TVI") will be held in the offices of TVI Pacific Inc., Suite 2000, 736 – 6th Avenue SW, Calgary, Alberta, on Thursday, June 12, 2014, at 3:00 p.m. for the following purposes: 
 
Bullboard Posts