Three Valley Copper Corp V.TVC.H

RE:RE:RE:RE:RE:RE:Three Valley Copper Catalysts to make the stock rerate

[nickbillfish]

nickbillfish wrote:

 

edmed wrote: does anyone else here think the price of this is getting a little ridiculous???
trading like it is going bancrupt!

trading like it is a pure exploration company instead of an operational mine


unbelievable

edmed

I think it's being pushed low, so the minority partner, Vechiolla, can be bought out at a low price or vice a versa.   Per the shareholder agreement, they have to buy the minority partner out by October or Vechiolla can force a sale.  Definitely something going on.      Really low volume, but last week one day over 800,000 shares traded, sign of capitulation.     Price is back to March 2020 lows.

My take a capital raise is coming. to buy the remaining shares or another bought deal financing package.   The next quarter will be really profitable as they don't have to sell at $2.89 per pound, this is a big deal and this restriction deferred to May 1, 2021 when production increases.

Im estimating cash flow well over $1 Milliom, as they have plenty of tax losses to carry forward, over $200 Million in losses to offset.  They stated in the roadshows their production is below the threshold for increased royalties currently under discussion.

This is not going bankrupt unless something geopolitical happens.   The main lender Anglo American has rights to 100% of the offtake and rights to production for a nominal amount still at $2.89/lb. Vechiolla the minority partner is owed $8.3 Million from the last reorganization.   They all can see they will get paid once the block caving construction is finished which is over 50% done.

Not sure why it's so low now, but lots of catalysts exist to rocket this higher in a short period.

correction

I'm estimating cash flow well over $1 Milliom next quarter, as they have plenty of tax losses to carry forward, actually over $200 Million in losses to offset against income.   They stated in the recent roadshows their production is below the threshold for increased royalties currently under discussion.