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

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Post by heainttellinon Dec 11, 2003 1:16pm

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Post# 6769643

Why TVI is down - the answer

Because just about all gold stocks are down. Newmont, considered by most to be THE gold stock to own is down from over $50 to around 45/46 in the past few days. Take a look around. TVI has done pretty well compared to many others. You want to make money with gold stocks in the coming months and years, get used to volatility. Forget about support and resistance. Nothing matters but the long run in this market. You either believe or you don't.

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