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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

Comment by d1investoron Aug 18, 2021 12:58pm
111 Views
Post# 33724003

RE:This company

RE:This companyAre you saying there is risk to buying public shares of a company in which the only income is dividends from a private company mining gold and Iron ore in the Phillipines?  Good insight!  I guess that's why we're at $.04 and not $.5.  I, for one, beleive that once they are producing gold (more gold), and if TVIRD goes public, those Millions of shares (less than $200K) will get eaten up fast.  Or, they will not succeed in producing gold, and/or nobody pays attention and it goes down (relatively easily, as you describe)  I guess that's the risk of the market.  GLTA
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