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Bullboard - Stock Discussion Forum 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... see more

TSXV:TVC.H - Post Discussion

Three Valley Copper Corp > Three Valley Copper was Sprott Resource Holdings
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Post by nickbillfish on Apr 05, 2022 9:03am

Three Valley Copper was Sprott Resource Holdings

I see many posts about assets and liabilities.    Remember it was only a name change from Sprott Resource Holdings or SRHI (name after Sprott exited) to Three Valley Copper to emphasize its main asset.   Sprott Resource,  was set up by Sprott Inc as a M&A focusing on small commodity companies.   They still own a share of an iron ore asset and I believe have 1 payment coming for the sale of Beretta Farms.     The last bought deal raised funds at the corporate level to be used on the mine or MTV which TVC has 95.1% ownership.     In many presentations they have stated TVC is not responsible for MTV's liabilities.
Comment by jetfuel10X on Apr 05, 2022 9:40am
The debate is close; thanks  Now as January 25th 2022 TVC is seat in 7m usd cash or 9.1 m cdn or .08 cash per shares; I remind you that a shell with cash worth 2X cash in or around .16 per shares not including other asset and the value of the deficit accumulated;
Comment by HellllllIYup on Apr 05, 2022 9:59am
This post has been removed in accordance with Community Policy
Comment by Iamjaygee on Apr 05, 2022 10:31am
Debate is not closed You keep talking about TVC the shell So am I. TVC has its own liabilities, completely separate from MTV Like I said, you are being purposfully misleading
Comment by jetfuel10X on Apr 05, 2022 11:10am
As per previous post - I said that at 95% + we will have a deal by the end of April and stock should be back easy over .20; The shell is the worst case scenario that in the worst case - we are seat on something who worth min .08 per share
Comment by Iamjaygee on Apr 05, 2022 1:16pm
I also think a deal will be made. And I'm really not trying to be rude here But where are you getting 0.08 from? Tvc does not have the cash to cover its liabilities for longer than 6 months. TVC liabilities. They are obligated to report their liabilities, It's right in their Financials... we can all see it. TVC liabilities, not MTV liabilities. And it's a lot more than that 7 million ...more  
Comment by jetfuel10X on Apr 05, 2022 1:32pm
I think you are simply an idiot with no financial knowledge - dont waste my time anymore - everything was proof on my side
Comment by Iamjaygee on Apr 05, 2022 2:18pm
I'm an idiot? YOURE the guy saying this company failing has a 25% upside. 0.08.... that's what you said Worst case scenario. Get in now guys, if this company fails tomorrow you're gonna make 25%. That's what you're saying here. You're a fool.
Comment by lllllllllllllll on Apr 05, 2022 9:07pm
This post has been removed in accordance with Community Policy
Comment by Goldy63 on Apr 05, 2022 9:14pm
Fresh nic from today Hell yup . Just a bunch of L,S you can always add to when you get booted LMAO. Pathetic . Watch and learn troll .  Info supports a deal . Later Troll. Long TVC.
Comment by CriticalMind55 on Apr 06, 2022 8:22am
Why are you here?
Comment by stockman2021 on Apr 06, 2022 4:21pm
This post has been removed in accordance with Community Policy
Comment by Iamjaygee on Apr 05, 2022 10:42am
I never said or suggested tvc was responsible for MTV liabilities. Tvc has its own, and it can barely cover its short term liabilities with ALL assets. And it cannot cover its long term assets And at best tvc has 6 months of cash runway. THATS TVC... not MTV.
Comment by jetfuel10X on Apr 05, 2022 7:04pm
Comment by jetfuel10X on Apr 05, 2022 7:38pm
Notwithstanding these actions, based on MTV's current cash flow forecast, MTV will require additional financing in the next several months. Three Valley Copper currently maintains working capital of approximately $7-million (U.S.) separate from MTV but this is not sufficient to finance the expected financing gap at MTV and finance the company's continuing corporate requirements. Three ...more  
Comment by jetfuel10X on Apr 05, 2022 8:10pm
As per debt term and last financing term - TVC has up to April 30th to transfer the entire amount of the last financing into MTV; 7m stillseparate from MTV MTV need 21m to finalize the project and ramp up production for the next 12 months; You need 21m - you have only 7m usd or 9m cdn; that 9m is separate from MTV; The decision is easy; If Anglo and MTV dont find an agreemnt by April 30th for ...more  
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