TSXV:TVC.H - Post by User
Post by
aioroson Feb 13, 2022 2:12pm
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Post# 34424553
Long?
Long?I must be honest, I would like to lay a few questions as I am having a few doubts about this project lately
1. What is the reason behind Vale's sale of the Tres Valles project?
2. If it was going to produce positive results, wouldnt Vale have hold on to the project if so?
I've read that on Vale's website: "Transaction is consistent with Vale's strategy of focusing on world-class assets". Focusing here on World class assets, which Tres Valles is probably not.
3. Warrants. Eventhough they bring the company cash, isnt it negatively viewed, especially when it dilutes SP and we end up taking a hit?
4. https://www.bloomberg.com/news/articles/2022-02-12/giant-miners-to-see-record-profits-slip-as-cost-pressures-bite
If major players in the mining industries, including Rio and Vale, wouldnt TVC have even a tougher time breaking through?
Id appreciate any input as I am interested as much as you are in betting on TVC driving SP up soaring.