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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

Post by reyesingupon May 28, 2024 2:52pm
453 Views
Post# 36060864

What exactly does this mean?

What exactly does this mean?Mr. James holds, directly or indirectly, an aggregate of 83,264,419 Common Shares (representing approximately 11.43% of the Common Shares). Immediately following completion of the Share Transfer, Mr. James is expected to hold, directly or indirectly, an aggregate of 25,208,937 Common Shares (representing approximately 3.48% of the issued and outstanding Common Shares).

I was not happy when Mr. James merged TVI and his oil energy company many years ago to bloat the amount of shares in TVI, and drill one unsuccessful hole which wasted money. 
Has this company been used for shareholders to pay salaries of the top people who get to live in the tropics and live a wonderful life? 
So many years have gone by with many mines running, but never a share price increase.  
What is your guess of the highest share price TVI will have in the future?





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