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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 SlickWilly48on Jul 10, 2024 11:08am
242 Views
Post# 36126293

1 NEW FOR EVERY 100 OLD SHARE CONSOLIDATION COMING....

1 NEW FOR EVERY 100 OLD SHARE CONSOLIDATION COMING....I  believe in the near future a share consolidation of 1 New share for every 100 old shares will take place.  This is why the share price is being held at 1 cent.  As such the new shares of TVI will trade at 1 dollar per share.  The price might even rise a little after the share consolidation.  Next move will be for TVI to purchase TVIRD in a reverse ALL share takeover.  This will once again swell the number of TVI shares to the point that the new TVI will once again do another share consolidation , maybe this time 1 New share for every 10 old shares. This will result in TVI's shares being deluted further.   Now TVIRD will be listed on a stock exchange without a delay and costly exchange and legal fees that would have to be paid if TVIRD applied for their own listing.  Now the original TVI shareholders will be diluted to almost nothing , but the shares will finally trade with some value as TVI will finally have direct ownership of TVIRD's mines.  As such at this point I feel the new consolidated TVI shares will trade with some value , but at a cost to the original TVI shareholders.  In turn Mr Villar and his friends will make large amounts of money.  Well done to Mr. Villar.  After all Mr. Villar now owns the majority of TVIRD and TVI.  As such what the future holds for TVIRD and TVI is in Mr Villars hands , and we the shareholders of TVI are at Mr. Villar's mercy.  In the case of TVIRD and TVI Mr Villar has absolute power and absolute power can corrupt?  Since the June 27 , 2024 GM , the market has basically ignored the results , there has only been minor volume and TVI continues to be flat trading at 1 cent. Any time TVI moves to 1.5 cents it is quickly knocked back to 1 cent.  The fact that TVI has not moved up in price since the GM and the volume is low , I believe means that the market feels there is no money to be made here because Mr. Villar has such a grip on TVI and TVIRD.  A takeover bid will probably happen and I feel the offer will be 3 cents per share at the most but probaly less.This is only my opinion as the are other possibilities for the future of TVI , but I am a firm beleiver of prepare for the worst but hope for the best!  Good luck to all TVI shareholders
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