TVI Pacific Inc V.TVI

Just an exercise to confirm holding my position in TVI.....

[rockingrooster]

Looking at TVIRD's mining projects solely based on the total value of minerals in the ground for Balabag,Siana  and Mabilo.
I am using a mid value of $100 usd per gold ounce in the ground.
Balabag 100% , total 331,000 ounces Minus gold mined to end of November 2024 of 136,000 = 195,000 remaing = $19,500,000 in the ground.
Siana 100% , total 720,000 ounces Minus estimated gold mined to end of Nov/24 of 40,000 =680,000 remaing = $ 68,000,000 in the ground.
Mabilo 60 % , 1,970,000 GEO  x 60% = 1,182,000 geo in the ground = $ 118,000,000

TOTAL VALUE of 3 Projects $ 205,500,000 x TVI's 30.6 % = $ 62,880,000 DIVIDED by 750,500,000 outstanding shares = $ .083 per share.
SUMMARY; I am good.glta

[rockingrooster]

Just hit me that the .083 per share is in usd , and therefore in canadian dollars it works out to .12 per share. Even using a low $ 70.00 usd per ounce in the ground it would work out to .054 usd per share OR .074 cad per share. Makes one wonder why we have trouble with .01 per share. Hang on, eventually TVI/TVIRD will show its value.glta

[stever50]

Makes us all wonder.  Also why did cliff sell off for .03

[Bludstan]

Honestly wouldn't read too much into Cliff selling for 0.03. At his age, and with his retirement, it does change your investment objectives a bit and he may just have wanted to move the money into investment vehicles that are more appropriate for someone in his life stage. .03 is what it was worth at the time of his departure, well with a small premium.  All I have to say is that the

[stever50]

Have you tryed to email the new guys to try to get a bit of low down