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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 Jul 10, 2024 3:05pm
261 Views
Post# 36126903

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

RE:1 NEW FOR EVERY 100 OLD SHARE CONSOLIDATION COMING....A fanciful theory, not without merit, but honestly don't think that's where this is going. Granted new management may see things differently but old management has never balked at the number of oustanding shares being a problem despite several investors voicing this concern and general lack on interest in TVI for that reason. TVI doesn't currently have the resources to buy TVIRD. TVIRD is in fact the money maker here, not TVI, which can barely pay its bills with the current dividends it receives from TVIRD. 

However, I think people quickly forget that one of their main mines is currently not operating for environmental reasons. Though this is the correct response, if and how fast they get this mine back up and running and paying dividends will reflect how fast TVI bounces back to the .02-.025c range. After that, it's anybody's guess. 

in my very humble opinion,
B

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