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TVI Pacific, C$.12

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By Bobwins

Posted: Thursday Mar 25 5:09:08PM 2010

TVI Pacific is a copper/gold producer operating in the Philippines. They have several prospects as well as their operating mine. They have bootstrapped this mine and need to prove up more reserves but seem to have excellent prospects both near the current mine and nearby. They earned .03 for 2009 with improving results as the year progressed. They have a ttm p/e ratio of 4. This is ridiculously cheap. The company is paying down their mine finance debt with all the cash from operations.

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