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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 Jun 17, 2024 3:54pm
402 Views
Post# 36092755

It is sad and disappointing to watch this public company....

It is sad and disappointing to watch this public company....-through over 30 years - the management has paid themselves very well. 
Long time shareholders have waited and waited to be able to sell their shares at a profit, but that will never happen when you have greedy, manipulative, corrupt management...
Is it disclosed anywhere how many shares of TVRD James owns directly or indirectly.?....
I always wondered how TVI only owns less than a third of this mining company... they used to own 100% plus what was that slimey deal with TG World or something like that - that doubled the amount of shares in TVI, but never helped the company at all.. It did give James a huge amount of extra shares though.
After years and years of pulling gold out of the ground, one has to wonder why this company has to keep borrowing money. 
Shareholders suffer while management becomes rich !
Yes I know there are many companies that management does the same dirty tricks to become wealthy - only to have the company go down to zero. 
It's sad how many people think they are investing their money, but actually they are just gambling it away on lies.

Have a great day !

R.



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