Three Valley Copper Corp V.TVC.H

News flow to start, share price should recover…..

[nickbillfish]

Watch the latest youtube interview.    A lot of news flow to start on Pompamono,  the risk/reward not going to get much better here at $.21.       News flow

1.    Diluttion of minority partner to zero, basically ending their shareholder arbitration as they never contributed to the solvency of the mine..
2.    Surpise update that caving started early, they raised C$18M which more than enough to cover any contingencies.
3.   Pompamono is 87% provedn reserves with 1.51% grade, this is important as reserves proven from the drilling.   The extra money allowed them to build more extraction points to avoid any disruptions.   The high grade and proven should drive their cash costs down below $2/lb.
4.    If Pompamono is successful, they should be able to refinance the debt.  If the share price goes dramatically above .45 and .70 and the warrants convert, that's another C$28M, enough to pay off 1/3 the debt.    Plus late 2022 and 2023 extra cash flow could make TVC debt free end of 2023.

https://www.youtube.com/watch?v=fS_KHh1g9OI