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TVI Pacific Inc V.TVI

Alternate Symbol(s):  TVIPF

Metals & Mining Industrial Metals & Minerals
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

TVI Pacific Inc > Share Buyback ....
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Comment by rockingroosteron Oct 29, 2024 7:38pm
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Post# 36287819

RE:RE:Share Buyback ....

RE:RE:Share Buyback ....Wrong. Villar who owns approx 70 % of TVIRD and also owns 20 % of TVI, THEREFORE in total Villar owns about 76 % of TVIRD. You are correct that TVI does not have the funds, however Villar certainly does have the funds.IMO Villar does not need to buy more TVI since he has control anyways.
We will find out in a few weeks if TVI has received any TVIRD dividends in the 3rd quarter.
Remember TVIRD has 2 gold mines in operation and glod/silver prices are at record highs.It is only a matter of time before the true value of TVI/TVIRD .good luck.
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