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Gold/Mining/Energy : TVI Pacific TVI (TSE)
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To: Kitskid who wrote (133)10/20/1999 7:43:00 AM
From: Buckey  Read Replies (1) of 152
 
Nation Post Picked up the story - Excellente

TVI Pacific Inc -

NP says TVI expects to win another restraining order

TVI Pacific Inc
TVI
Shares issued 107,529,821
1999-10-19 close $0.07
Wednesday Oct 20 1999
The National Post reports in its Wednesday edition that Calgary junior TVI
Pacific Inc. is taking its fight against protestors plaguing a remote Philippines
mining project back to court this week. In the next few days, TVI expects a
regional municipal court to grant the exploration company a temporary restraining
order barring demonstrators from the Canatuan site on the island of Mindanao in
the southern Philippines. It will be the company's third order in as many months to
remove protestors. The exploration property has been the target of protests since
TVI acquired the site in 1994. Some members of the local indigenous group, the
Subanen, claim to have ancestral rights to the 500-hectare site. Meanwhile,
small-scale miners who have worked on the property for the past 15 years claim
to have squatting rights. The two groups have won the support of local church
leaders and a coalition of environmental groups, including industry watchdog
MiningWatch Canada of Ottawa. At stake is the proposed development of a
mixed metals deposit containing copper, zinc, silver and gold. To date, TVI has
invested about $17-million exploring the property and building a processing plant.
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