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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 May 10, 2004 9:01pm
106 Views
Post# 7467307

RE: what a test of will...Stalk

RE: what a test of will...StalkTo answer your last question about buying now,I would have to say that at no time would I have sold all my shares.But on March 9 the price peaked lower than the high and set up a head and shoulders top.This would have been a good time to sell some.On March 12 when the neck line was broken would have been a good time to sell more. When the price reached the 50% retractment line at .19 would have been a good time to buy back the original shares,and with the cash left over buy when the down trend line is broken,or if the stock has traded flat for a long time(usually meaning a bottom).Thats how I normaly trade.BUT this time I sold in the mid 30's after the high and bought back my original shares at .28 to help support because of what we thought at the time was pending news.Serves me right for changing the game plan.The bit of proffit I have in cash is still waiting to be spent.
Bullboard Posts