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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 Nov 01, 2024 10:24pm
95 Views
Post# 36293334

RE:RE:RE:Share Buyback ....

RE:RE:RE:Share Buyback ....If Villar provides the money, it's going to be as a loan to TVI, as he's shown he's already willing to do through his proxies. Without an income stream, I hardly think TVI would use that money to do a share buy back as was earlier proposed. It would be only for continuting operations. For me the silver lining here is that Villar seems to believe that TVI can monetize itself through TVIRD's revenue stream (or other secret projects, if any, TVI's governance has in mind to generate a revenue stream for which he also in the know, but have not been made public yet) in the relatively near future to be able to pay back the loan.

For me, other than generating less than stable dividends, (which even though the commodities themselves are at record highs, has not led to a corresponding increase of revenue for TVI. Rather the reverse, the dividends stopped altogether) the only value the mines can have for TVI is if TVIRD goes public and we can account for the properly. So many things need to happen that aren't even in place yet to even qualify for the P stock exchange, I've stopped thinking this is anywhere but in the far future.

Yuo're right though, let's be hopeful and look forward to the upcoming financials. Then we can stop guessing what the mining oracles are trying to tell us! :) 

MHO
B.

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