Post by
rockingrooster on May 30, 2021 2:38pm
Some fun calculations re Test Ore re commissioning....
63,000 tons @ 1.19 g/t Gold = 2,640 ounces x 1900 usd =$5,016,000
@ 37.73 g/t Silver = 83,680 ounces x 28.00 usd = $2,343,000
Total $ 7,359,000
At 2,000 tons a day = approx 1 month to process.Not too bad.
Mining operations are proceeding and there are now approximately 63,000 tonnes of ore on the ROM ore stockpile, in-pit stockpile, and crushed ore stockpile as at the date of this MD&A. Much of the ore is low to marginal grade which was mined to expose the higher-grade mineralized resource during waste stripping and bench forming and is being used as test ore for commissioning the plant. The stockpiles have an average grade of 1.19 g/t gold and 37.73 g/t silver.
Comment by
CountOfMeltedCrisco on May 30, 2021 2:43pm
Imagine when they start working the "good stuff"; some people are gonna need fresh batteries in their pacemaker(s).
Comment by
willywonka on May 30, 2021 11:44pm
Do not forget that TVI % is very small. The major money goes to BIG BROTHER
Comment by
willywonka on May 30, 2021 11:51pm
I believe tvi portion is 30.6%. Correct me if I am wrong. GL
Comment by
rockingrooster on May 31, 2021 9:12am
WW, what is up with you? It is actually 30.66% as Stated in every TVI PR News Release for the last 6 years.I am quite surprised by your about turn.From super fan to perhaps someone trying to pick up more shares on the cheap ?
Comment by
willywonka on May 31, 2021 5:46pm
The good news is that they are increasing their tailings pond. This is a big investment and would mean that they are very optimistic in mining much more gold than previously stated. GL
Comment by
willywonka on May 31, 2021 5:48pm
If and When they list on the PSE, we will see this stock explode.
Comment by
stever50 on May 31, 2021 9:09pm
Has anyone heard any more about listing on the PSE. What's the hold up?
Comment by
Bloojay1111 on Jun 01, 2021 3:07pm
Reading between the lines, listing on the PSE will be on hold until the (unstable) Duterte regime is out of government. Cheers Bloojay
Comment by
CountOfMeltedCrisco on Jun 01, 2021 4:16pm
Well, that was from 2016, here it is 2021 five years later, more or less, and Dut The Toot is still in power so I'm not sure any interpretation of that document from 2016 is still relevant. He's lasted longer than most Tinhorns In Funny Hats.
Comment by
Bloojay1111 on Jun 01, 2021 6:42pm
Everything you wanted to know about TVI and the PSE but were afraid to ask. When you see how many shares TVIRD has outstanding and offered you might think twice about a PSE listing https://tvird.com.ph/wp-content/uploads/TVIRD-Registration-Statement-Prospectus-and-FS-16-Dec-2015.pdf If you have an hour or two have a look :) Cheers Bloojay
Comment by
d1investor on Jun 01, 2021 6:46pm
what's a couple billion shares here or there?
Comment by
stever50 on Jun 02, 2021 8:47am
Supposed to read that. Lol