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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 27, 2003 1:53am
390 Views
Post# 6277692

RE: depressed share price

RE: depressed share priceBaystock where the hell do you see a depressed stock price at?Look at the 5 year chart and you will see an un mistakable up trend.Are you thinking because the stock hit .17 that it should stay in that area? No second thought to the pog or the fact that July/Aug has traditionaly been the worst months for gold stocks.If you look at a chart you"ll see the price bottomed 2 yrs ago at .025, double bottomed just over a year ago,and is now 3X the price of the low.As for the private placement they were BOUGHT by insiders(not granted as stock options as we've heard from so many other companies)The last time warrents were exersised by insiders it was at .02 below the exersise price,and that was done on the way down.You will see on the chart just before the middle of March when this was done.Its the down spike.(down and up the same day)It pissed some people off but didnt hurt the stock price.The price recovered and then continued its down trend.The price is depressed because we are on the down side of the cycle.That cycle may have just been broken.I said a while ago that TVI was a good buy at.09 or .10,I cant remember what the price was when I said that.(check my posts and you'll find it)Its a better buy now because you not only have fundamentals,but you have technicals in our favoure.From this point forward,even discounting the China progect,WE WILL MAKE MONEY.
Bullboard Posts