TVI Pacific Inc V.TVI

Siana

[Skyman]

I was afraid something like this might happen. If TVIRD invests the Balabag profits into a new project, they will not have extra free cash to increase dividends to TVI Pacific. TVIRD is a private company with no obligation to distribute resources to the original investors, and the smart thing to do is to build a bigger company. Now that the PSE listing has been put on indefinite hold, TVI Pacific will continue to be on life support with no exit strategy.

[rockingrooster]

Skyman, where did you see that the TVIRD PSE listing has been put on indefinite hold.I can not find that information anywhere.IMO soon would be a perfect time to IPO considering the total potential of TVIRD.good luck

[Skyman]

It was in the latest quarterly report end of May 2021: "Due primarily to the uncertain environment in which the Philippine mining industry has operated since the nationwide audit of metallic mines was ordered by the Department of Environment and Natural Resources (“DENR”) Secretary under the Duterte Administration that came into power in June 2016, TVIRD has placed all activities relating to

[rockingrooster]

I am sure you are aware that the Philipine mining climate has greatly improved lately and in TVI's  July 28,2021 press release re Siana contains the following statement..." "Management and directors of TVIRD believe that the acquisition will expand TVIRD's resource base, especially its gold bearing resources, and further extend the life of TVIRD.  Data reviewed by