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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 rockingroosteron Mar 24, 2020 3:18pm
210 Views
Post# 30842825

Gold over $1650 usd...Anyday investors will see the value ..

Gold over $1650 usd...Anyday investors will see the value ..The fact that TVI is not moving up dramatically is really astounding.The economics for the Balabag mine are sound, and now with gold trading around $400 per ounce higher than the $1250 Balabag is based on.Simply put based on # 131,000 gold equivalent ounces and the fact that approx. 60 % of the increased revenue will go direct to the net profit line.Therefore 131,000 x $ 240 = $ 31,440,000 additional net profit + $18,400,000 (at $1250 gold price) = $ 50,000,000 over the 3 years.Tvi's 30.66% will amount to $ 15,281,000 OR $ 5,100,000 annually.Based on 697 M fully diluted shares = .007 net profit per share.P/E of 10 results in .073 price per share
Bullboard Posts