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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

Comment by Bludstanon Jul 31, 2024 4:20pm
206 Views
Post# 36156951

RE:the Negative Nellies are tiring,fundamentally imo TVI

RE:the Negative Nellies are tiring,fundamentally imo TVI Am as hopeful as they come RR, you and I (and many others) have been here for a lonnng time and I have always championed their track record with the environment and people management during and even after they're done mining. 

However, either as a holding company or an actual miner, how are they going to accomplish positive returns and growth in the future. They have no money with which to either buy another holding and wait for dividends to come in, or even buy a mine and develop themselves. That comes either through a loan or an IPO. The loan needs to be paid back, and historically, that has not yielded any significant results for shareholders (Canatuatan, very successful mine, but not for investors. They barely stayed at a positive EPS while the mine was active and had nothing tangible to use to continue growing once the mine was taped out). An IPO is even worse, as it dilutes current investors, and if they can't find a way to generate actual positive cash flow, the new investors are just going to join our ranks.

That being said, .01c isn't a bad price to buy. I do think the current price is as much about the currently on hold TVIRD mine and once they fix the environmentals and start producting again, it'll go back to the .02 range so an easy double for a few months of waiting. Risky but realistic considering their management history. 

MHO
B.

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