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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

Bullboard Posts
Comment by Acroporaon Jul 04, 2003 8:27pm
191 Views
Post# 6221076

RE: could be important

RE: could be importantJuly and August have always been hard months for gold and goldshare prices.Its very possible we will see TVIs price go down some.But with the POG in an area where TVI can make some cash flow to help out with expences,I'd feel more uncomfortable if I sold.When TVI go's up it go's fast and I'd worry about missing it because I cant watch it all day.Ive been on this same ride a few times in the last 5 years with this stock and haven't lost on it yet although there were a couple of very lean years.At any given time there's always other stocks out there that are technicaly in a better position, they all take turns,and some people can make good money buying on technicals alone. If someone has time to watch they can sell now and maybe get back in at a lower price.I'd ask myself,if I was in a position to short this stock would I do so at .07? With a .01-.015 downside to an upside of .10 minimum I dont think many of us would.By selling at .07 and hoping to buy at a lower price,you are shorting your own shares.Good luck to anyone who wants to try it,I hope you get back in at a decent price.
Bullboard Posts