Three Valley Copper Corp V.TVC.H

Alternate Symbol(s): TVCCF

Metals & Mining Copper

Three Valley Copper Corp. is a Canada-based mining company. The Company is focused on its primary asset, Minera Tres Valles (MTV). It operates through two segments: MTV and Corporate. MTV segment is the Company's principal operating business. The MTV mining project, in the Province of Choapa, Chile, which includes fully integrated processing operations and its two main mines, the Don Gabriel open pit mine (Don Gabriel) and the Papomono underground mine (Papomono). MTV is located in the Cretaceous belt of Chile that hosts a large number of deposits. It has over 46,000 hectares to explore with over 100 copper occurrences mapped and 70 artisanal exploitation points. MTV's main assets are the Minera Tres Valles mining complex and its 46,000 hectares of exploratory lands. Its two major deposits, Don Gabriel and Papomono and other known mineralized areas are located in a 10-kilometer-wide corridor of middle to upper Cretaceous volcanic rocks, bounded by north-south-trending faults.

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Three Valley Copper Corp > Ridiculous Over-reaction

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Comment by nickbillfishon Jan 29, 2022 8:12am

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Post# 34374129

RE:RE:RE:RE:RE:Ridiculous Over-reaction

nkbourbaki wrote: I'd love to believe this is 4d chess. Unfortunately I don't think that's so. This looks like the result of misaligned management making poor decisions and coming up against some

Out of curiosity, what do others make of this excerpt?

MTV’s management and technical teams have concluded that in the absence of taking this action, there would be a significant risk that Papomono would be destabilized if the caving operation was to start without MTV having the funds to continue its orderly ramp-up of production.

Is "destabilized" meat in the physical or financial sense? If the latter then they're protecting shareholders from significant financial risk by preemptively taking actions that are almost sure to wipe them out.