TVI Pacific Inc. (TSE:TVI)

[eight2six]

at the resource convention i met with ian and paul...both were very accommodating, open and forthcoming. here is a link showing the TVI booth and the gents:

http://ca.geocities.com/[e-mail]/tvitoronto.jpg

here is what i understood from what they told me:

1) TVI has been proactive about the stock price, hiring an investment firm sometime ago to access the situation and advise
2) they will be acting shortly on the recommendations, which may include stock consolidation, corporate promotion, buyback, or continuing on with allowing the numbers to speak for themselves. they will most likely take a balanced approach and initiate a bit from each of these venues.
3) there is one commercial investor that has accumulated approx. 20 million TVI shares. they are in touch with many commercial buyers who are tracking TVI and are eager to act after a successful 3rd or 4th quarter.
4) TVI anticipates positive news on china shortly. phelps is eager to conclude dealings with TVI but waiting for the go ahead from the chinese. TVI spent over 3 years acquiring the rights to work independently of a chinese partner while in china and are uniquely licensed in this regard...and hats off to them for the initiative and result. the licensing stands on its own as a very valuable asset.
5) lots of base metal $$ under the gold and silver findings at canatuan. facilities to process are in the near future. overlapping processing plants will bring finished gold cost down...projected to under $190/ounce
6) Balabag is very promising...next to come online...look for news.
7) no debt...fundamentally very attractive future.

these are my conclusions based on conversations with paul. but please act on your own homework...thanks...826