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Bullboard - Stock Discussion Forum TVI Pacific Inc TVIPF


Primary Symbol: V.TVI

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... see more

TSXV:TVI - Post Discussion

TVI Pacific Inc > Last update from Balabag
View:
Post by Bloojay1111 on Jun 19, 2024 5:59pm

Last update from Balabag

With TVI trading at 1 penny our Market Cap is now 7 million dollars. Based on the last update from Balabag revenue for the first quarter was over 30 million US 

"While assay results continue to be confirmed for the five (5) shipments completed in May 2024, the fifteen (15) shipments completed for the four (4) months ended April 30, 2024, have generated gross revenue of US $32.6 million with an average Au price of US $2,113.14 and Ag price of US $24.32 and have contained:"

With gold trading over 2300$ US and silver around  30$ US TVIRD June's numbers should be outstanding. 

I'm afraid we're going to be trading below .02 cents until we get some positive news from the Siana mine.  

Another thing to take into consideration is the short position on TVI. We've had some history with naked shorts  

just my opinion

Cheers 
Bloojay

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