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TVI Pacific Inc TVIPF


Primary Symbol: V.TVI

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 Bludstanon Jun 19, 2024 1:54am
253 Views
Post# 36095381

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

RE:RE:RE:It is sad and disappointing to watch this public company....That's harsh, the dude's 75 or something, way past normal retirement age and obviously restructuring his post-retirement assets. If that's revenue you need to live on, you don't want to leave it in a .03c mining share, it's way too risky. That he got .03c for it means 1) he thinks today it's at least worth that, and 2) the buyer thinks it's worth that today, and he can make it grow in the future to be worth more than that. The buyer here is no fool and has a substantial fortune, which he certainly did not acquire by making bad deals. Occam's razor. Trying to guess what really happened behind closed doors and everyone's motives for doing what they did is trying to guess if Schroedinger's cat still alive in his box. 

B
MHO

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