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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 Bludstanon Oct 28, 2019 12:20pm
71 Views
Post# 30276902

RE:RE:RE:Balabag project 2020 net profit after taxes $ 7,385,000...

RE:RE:RE:Balabag project 2020 net profit after taxes $ 7,385,000...
rockingrooster wrote: As I demonstrated,TVI should be around .03 per share based on its share of Net Profit after taxes.When TVIRD IPO as public company occurs,as was planned late 2015, and gold/silver/nickel maintain current value,I could envision share price of .06+ yielding market cap of  $ 42 M.gl.



-- The thing I don't get with these calculations is I remember when TVI had a communications person, not Rhonda, I think the one who came after her, and she had actually said, and if I recall, on this board, that Balagag was a 1 billion$ mine.. of course, that was at gold prices as they were then, so.. even with TVI now owning just .33% of the mine.. where did the money go? Were they so wrong then in their estimates, or are we today not truly understanding the value we're sitting on?

B

Bullboard Posts