Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > 1 NEW FOR EVERY 100 OLD SHARE CONSOLIDATION COMING....
View:
Post by SlickWilly48 on Jul 10, 2024 11:08am

1 NEW FOR EVERY 100 OLD SHARE CONSOLIDATION COMING....

I  believe in the near future a share consolidation of 1 New share for every 100 old shares will take place.  This is why the share price is being held at 1 cent.  As such the new shares of TVI will trade at 1 dollar per share.  The price might even rise a little after the share consolidation.  Next move will be for TVI to purchase TVIRD in a reverse ALL share takeover.  This will once again swell the number of TVI shares to the point that the new TVI will once again do another share consolidation , maybe this time 1 New share for every 10 old shares. This will result in TVI's shares being deluted further.   Now TVIRD will be listed on a stock exchange without a delay and costly exchange and legal fees that would have to be paid if TVIRD applied for their own listing.  Now the original TVI shareholders will be diluted to almost nothing , but the shares will finally trade with some value as TVI will finally have direct ownership of TVIRD's mines.  As such at this point I feel the new consolidated TVI shares will trade with some value , but at a cost to the original TVI shareholders.  In turn Mr Villar and his friends will make large amounts of money.  Well done to Mr. Villar.  After all Mr. Villar now owns the majority of TVIRD and TVI.  As such what the future holds for TVIRD and TVI is in Mr Villars hands , and we the shareholders of TVI are at Mr. Villar's mercy.  In the case of TVIRD and TVI Mr Villar has absolute power and absolute power can corrupt?  Since the June 27 , 2024 GM , the market has basically ignored the results , there has only been minor volume and TVI continues to be flat trading at 1 cent. Any time TVI moves to 1.5 cents it is quickly knocked back to 1 cent.  The fact that TVI has not moved up in price since the GM and the volume is low , I believe means that the market feels there is no money to be made here because Mr. Villar has such a grip on TVI and TVIRD.  A takeover bid will probably happen and I feel the offer will be 3 cents per share at the most but probaly less.This is only my opinion as the are other possibilities for the future of TVI , but I am a firm beleiver of prepare for the worst but hope for the best!  Good luck to all TVI shareholders
Comment by stever50 on Jul 10, 2024 12:12pm
That's sounds like it would reduce us to zero pretty well
Comment by JimmyVus on Jul 10, 2024 12:33pm
A share consolidation will NOT dilute our shares. Issuing shares to purchase TVIrd will but the Original TVI shareholders will still own 30.66% of the overall shares.  Exactly what it should be.   With respect, I disagree with your post.  We should see a massive increase in the value of our shares if this all plays out.    
Comment by Bludstan on Jul 10, 2024 3:05pm
A fanciful theory, not without merit, but honestly don't think that's where this is going. Granted new management may see things differently but old management has never balked at the number of oustanding shares being a problem despite several investors voicing this concern and general lack on interest in TVI for that reason. TVI doesn't currently have the resources to buy TVIRD. TVIRD ...more  
Comment by reyesingup on Jul 11, 2024 3:14pm
Ha Ha Ha Ha - Your predictions are pretty funny.... this is the summer - people are vacationing, stocks are not trading much at all. The new management will just keep working and mining, they are pulling lots of gold and silver out of the ground, and should be making money.  There won't be a stupid share consolidation at this price - there are other ways to get the price over a dime ...more  
Comment by Longtimer99 on Jul 12, 2024 8:34am
I agree with you reyesingup.  If that happened, then if you had 1 million shares, you would be reduced to 10,000, but the price of the share would increase from .01 to $1.00, so essentially you would have the same Dollar amount.  My problem with that is what would happen to that price, if it went down from the $1.00.  Also, if you have a stock at .01, to double your money it would ...more  
Comment by stever50 on Jul 12, 2024 9:59am
I agree if this splits even 10-1 u will never see your money back give us the .03. Get it over with
Comment by stever50 on Jul 12, 2024 12:10pm
Does any one know if cliff still ask shares