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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 > Some communication from Lolot Manigsaca TVI- CFO
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Post by rockingrooster on Dec 08, 2024 7:43pm

Some communication from Lolot Manigsaca TVI- CFO

Thank you for your email and for sharing your concerns regarding TVI's current investor relations and market positioning. I understand your frustrations, particularly with the lack of communication and the disconnect between our financial performance and the trading valuation of our shares.
 
As you rightly pointed out, ensuring better investor engagement and confidence is crucial. However, before we embark on activities to bolster market perception and attract new investor interest, we must prioritize stabilizing and strengthening our internal operations. This means focusing on the following key objectives:
 
1. Achieving Sustainable and Profitable Operations
Our primary focus is to ensure that our operations are not only stable but also consistently profitable. This will provide the foundation for a stronger narrative to present to the market.
 
2. Addressing Legacy Liabilities
It is imperative that we resolve the significant outstanding liabilities inherited from TVIP when we took over. These issues, if left unaddressed, could undermine any efforts to attract investor confidence.
 
3. Reducing Burn Rate
Managing our expenses and improving operational efficiency remain critical to long-term sustainability. This will ensure that we are well-positioned to demonstrate financial discipline and resilience to the investment community.
 
In summary, while we recognize the importance of regular and transparent communication with our investors, our immediate priority is to "get our house in order." This approach will allow us to build a credible and compelling case for investors, underpinned by operational and financial stability.
Comment by Bludstan on Dec 10, 2024 1:38pm
Not sure I like this answer.  In Canada, companies have several responsibilities to their shareholders, including: Providing information Companies must provide shareholders with regular, accurate, and complete information about the company's operations and future growth plans. At the annual meeting, companies must also provide information about diversity among the directors and ...more  
Comment by stever50 on Dec 11, 2024 9:13pm
Don't they have to follow Canada's protocol by law???
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