These days, TVI Pacific Inc. (TSE:TVI), (PINK:TVIPF) stock brings immediate benefits to its owners and attracts more new investors on the company’s news related to the acquisition of the rights to explore and subsequently acquire a Copper-Zinc-Gold property on the Zamboanga Peninsula, Philippines.
Yesterday, TVI shares jumped 15.79% up on the news on a volume exceeding almost eight times the average for the company. TVI closed the trading session at $0.11, being almost at the level of its 52-week high.
In its press release, the company announced what will be the immediate benefits of the acquisition and the planned in two stages drilling on the property.
Today’s trading session on the Toronto Stock Exchange will show whether investors will allow a new 52-week high of TVI stock on the news.[BANNER]
Yesterday, on the American OTCQX market, TVIPF closed at $0.096 per share, adding 7.74% more value from the previous trading session.
TVI Pacific Inc. is a copper producer. The company operates in the field of the production, development, exploration and acquisition of precious and base metal mining deposits in the Philippines. The company’s interest in the Canatuan Mine and its other Philippine assets are held through its affiliate TVI Resource Development (Phils.), Inc.
