Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

TVI Pacific Inc. V.TVI

Alternate Symbol(s):  TVIPF

TVI Pacific Inc is a Canadian company focused on the acquisition of resource projects in the Asia Pacific. Through its investment in TVIRD (Philippines), TVI has an interest in the operating mines Balabag (gold/silver) and Agata (nickel laterite), Siana (gold, preparing to restart) and the Mabilo project (copper, through Mt.Labo Exploration Development Corporation). TVI is the owner and operator of the former operating mine, Canatuan (copper).


TSXV:TVI - Post by User

Post by SlickWilly48on Jul 10, 2024 11:08am
189 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
<< Previous
Bullboard Posts
Next >>