Three Valley Copper Corp V.TVC.H

News out

[Sacks45]

Differed March 31 22 payment and if this situation is not resolved in 30 days MTV is toast. I'm outta here again 1st thing tomorrow. Those lenders I believe are gonna steal the mine when it's sold under bankruptcy protected. Goldy thoughts?

[jetfuel10X]

Anglo dont want a shut down; that will postpone the production by minimim 2 years - probably more; Bachus that is one of the Anglo consultant was hire by us to find a solution; "The senior secured lenders have reiterated their continued support of MTV and are working with the company and MTV to realize the robust economics from this underground mine. As part of the decision process to start

[jetfuel10X]

As you said Sacks - Worst case MTV will be toast not TVC TVC and MTV continue to preserve their cash resources during negotiations with the Lenders and other creditors and thank all stakeholders for their continued support and patience; TVC will become a financial shell available for other mining deal with over 6m cash - I value this shell if the worst happen at minimum 12m value or .10 per

[jetfuel10X]

Having been in touch directly with Bachus and TVC - I establish a very high probility to come with a financial win win deal in April; In any case - good or worst - it is a 3 to 5 from here; one will be longer than the other but within a years in the worst case scenario;

[Torontonine]

Why would anyone bail them out ?

[stockman2021]

This post has been removed in accordance with Community Policy

[Goldy63]

Sacks . Again read my posts today and this had to be realeased as end of month and material but the company is being very honest and again in the best interest of Anglo to keep the experienced crews block caving and Making money while Copper goes up . Jet also has some excellant points. No way in hell does Anglo that has to satisfy Copper contracts would want a shut down and yes does Anglo want to

[Sacks45]

Thanks for taking the time to reply. You make very valid points.

[stockman2021]

This post has been removed in accordance with Community Policy