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Three Valley Copper Corp V.TVC.H

Alternate Symbol(s):  TVCCF

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.


TSXV:TVC.H - Post by User

Post by Snakebite18on Apr 10, 2022 12:22pm
161 Views
Post# 34591819

My take

My takeMy take on the whole situation is that all parties involved have come up with a resolution, which was confirmed by restarting the mine. Pretty sure all involved would have to have been involved in the decision making. Don't see how they could make that call on there own, especially defaulting on payments. Most likely just legal jive now. Also the deferral of shares shows me that the directors also think this is worth fixing by taking shares instead of pay checks ( putting some skin in the game). They wouldn't be doing this if there was no hope in heck of a outcome, they would have just got payed and ran. That's exactly how dsu and rsu shares work. Give up now for bigger payout later or what's the point having shares at all if there's no company around later to cash those in. The restart was most likely some kind of open ended agreement to get the ball rolling sooner rather than later, due to high copper prices and to start repaying as soon as possible while the lawyers finish up. If this all goes belly up, no one wins, which then opens up a whole new can of worms. Depend on what was agreed upon in the first go around, could even hold the directors responsible. Pretty sure no one wants that. No one wins then. I think the only question not answer, is going to be how us common folk are going to make out. Fingers crossed.
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