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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 > Penny for your TVI shares???
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Post by SlickWilly48 on Jun 20, 2024 11:15am

Penny for your TVI shares???

I never thought I would see the day when TVI was trading at a penny a share again.  The way the shares are being gobbled up at a penny a share , we may see some shares trade at half a penny per share before this week ends?   I am not sure why?  On the surface all looks well.  However Does Villar just plan to use TVI as a source for borrowing money to finance TVIRD's develelopment of it's mines?  All the well TVI's finances will look worse and worse , while TVIRD's finances continue to improve with the production of their gold mines as well as other gold mines coming on stream creating more wealth for TVIRD?  Will TVI just be used as a bag holder to finance TVIRD with nothing to show for it accept debt?  Will Villar just hold the price of TVI down until it has no usefull purpose to serve for TVIRD , than just let TVI go bankrupt , or trade between a half cent and a penny forever? AT this point will Villar buy TVI out at a penny per share?  I guess we will see soon enough?  I hope I am wrong as TVI still has so much potential if it is not manipulated and allowed to trade freely and reap the rewards of TVIRD's mines.  Maybe even Cliff will come back and buy a whack of shares at half a penny.  After all he got 3 cents for his shares.  This is all just speculation on my behalf.  I am preparing for the worse but hoping for the best???
Good luck to all!!!
Comment by Longtimer99 on Jun 20, 2024 3:36pm
You know Slick, I was thinking the same thing.  Why give up 30% of the mining profits to TVI when you can keep 100% of them.  Just let TVI go under.  Not sure what the security commission can do.  I would also like to hear what SKYMAN has to say about all of this.  I hope this is way off line !!
Comment by stever50 on Jun 20, 2024 5:21pm
Is it not illegal to pull this stuff.  There has to be some sort of rules.  Does anyone know the legal part of this ????
Comment by rockingrooster on Jun 22, 2024 10:19am
I am quite certain all these "insider" transactions are legal, although perhaps not so ethical.The PR releases contain lots of legalese and I am sure they have had their lawyers involved. The key facts do not change; Villar is keeping TVI alive via loans etc and has invested approx. $ 4 M in TVI for his just under 20% ownership of TVI. Does not seem like the actions of someone that wants ...more  
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