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Bullboard - Stock Discussion Forum 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... see more

TSXV:TVI - Post Discussion

TVI Pacific Inc > INVESTORS UNAWARE OF PHENOMENAL BENEFIT OF RED5 ACQUISITION
View:
Post by rockingrooster on Oct 03, 2021 12:07pm

INVESTORS UNAWARE OF PHENOMENAL BENEFIT OF RED5 ACQUISITION

TVIRD GOLD RESERVE acquisition cost works out to about $29 usd per ounce,excellent deal considering the GLOBAL MEAN being around $ 83 usd ounce.
The 3.25% NSR has no risk since this is only paid on gold produced.
TVIRD ended up taking total gold reserves from 331,000 ounces to 985,000 ounces.
TVIRD continue to drill at Balabag and have many projects to explore.
Comment by rockingrooster on Oct 03, 2021 5:12pm
Forgot to mention that the deal includes the  fully operational SIANA gold mill ,probably worth at least 40 to 50+ Million 
Comment by willywonka on Oct 03, 2021 11:21pm
It is also time that they start to buy back shares.
Comment by rockingrooster on Oct 04, 2021 1:16pm
Not sure that would be wise.Share buy back will only temporarely create an artificial demand for the shares while using up limited funds.IMO a future share consolidation ie 10 to 1, would yield the required result ( reducing the # outstanding shares ) without much cost.  TVI should announces a share consolidation and at the same time an ONE TIME dividend to be paid shortly after consolidation ...more  
Comment by Showbiz1 on Oct 04, 2021 6:24pm
Before you talk about a reverse split, first educate yourself on the outcome of the probabilities of good or bad for the shareholder. I do not mean the definition of a reverse split. You should pull up charts of companies that have had Reverse splits with good news following the split. Almost 90% of all reverse split fail. The stock will pop and then continue to drop in the comimg months to new ...more  
Comment by rockingrooster on Oct 04, 2021 8:28pm
I fully agree reverse splits carry a certain degree of risk,however with fully diluted outstanding shares of around 697 Million ,TVI is NOT  attractive to many investors.The fundamental of  TVI/TVIRD are SOLID  and TVI is not some shoddy OTC penny stock. I thought you were seriously attemting to educate me until you stated your .30 to .50 targets. .30 would give TVIRD a market cap ...more