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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 > The Games Have Begun...
View:
Post by SlickWilly48 on Sep 20, 2024 9:56am

The Games Have Begun...

The selloff that started at the end of last week seems to have continued and appears to be building momentum.  The asks shows over 7 million at half a penny and a small amount on the offer side at 1 cent , yet yesterday over 2 million shares traded at 1 cent.  Where are these shares being sold  ,coming from?  Is somebody being forced to sell there shares because of there own personal financial position , or is somebody selling because they feel they have waited long enoungh and are moving on to another investment?  Is Cliff selling the rest of his shares?  Or does somebody know something that is not good news? However somebody is snapping these shares up at a penny from the side lines as they feel it is a good entry point?  Yet you don't see the offer at a penny , just the trades taking place. Makes you wonder what is going on?  May what is happening is good , maybe not?  I think we will know by the end of October , hopefully sooner. Good luck to all TVI shareholders!!!
Comment by Bludstan on Sep 20, 2024 8:30pm
I wouldn't call 2M shares (20,000$) a 'selloff'. It wasn't like hundreds of people queued to sell their shares, just one (and then some lucky winner(s) getting a cheap undervalued share hoping it goes up soon). Ok it's a margin larger than the daily volume, but still.. a somewhat isolated incident from some poor impatient soul who just had enough and just happened to hold 2M ...more  
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