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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 reyesingupon Feb 28, 2005 8:54pm
305 Views
Post# 8672356

RE: Options

RE: OptionsWhat are you saying here??? -We should not forget that options are Good for our Company. When they are exercised, cash goes to our company, which increases our investment. **** Buying on the open market is a lot different - don't you understand that the VALUE of your shares is lower now because of this so called loan to TVI turning to an exchange for shares, plus we are paying high interest on the so called loan - besides selling new cheap shares. I am not a basher of this company, it has great fundamentals, I am just angry with the extra dillution that was not really called for - just a way to get some cheap shares before this company goes up in price. Like I said - Cliffy could still take the high interest payment plus the principle of the loan in cash - rather than the shares. He could say yep - I'll just take it back in cash because this company is already over dilluted. That would make a lot of people happier. enough sucky sheit - going along with everything - we as shareholders have to stand up for ourselves and let the management know when they are taking too much. JMDO
Bullboard Posts