TSXV:TVC.H - Post by User
Post by
Goldy63on Mar 23, 2022 1:33pm
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Post# 34538388
Best Interest To All For A Deal .
Best Interest To All For A Deal . Well said Martin . Seems some here looking for more cheap shares before the deal and yup the clock is ticking as we have only 7 market days as of tomorrow. Let the chips fall where they may but its a win , win for all to let TVC keep on block caving Millions of Pounds of Copper and we know from Info Papamono is loaded up big time with Copper. (Quote Martin ).Not sure where your going with this.. I hardly see TVC going to .02 with almost 200 million LB of copper known and 100 other probable ore bodies found and only 10% of their 46,000 hectares explored. The 200 million LB alone has a value of almost $900 million at $4.50 and a cost of $1.66 a lb to extract it.. I think your .186 cents valuation is a little light but as things sit I would be ok with it.. not jumping in celebration yet.. as to TVC becoming a shell it would not be in the interest of the 2 major partners in any way as it would be a loss to the both of them. TVC said they would likely have the financing in place by end of March I believe and are operating, highly unlikely that wont happen. TVCs success is good for its partners Anglo American has a deal with them for $3 a LB that alone is incentive for them to see TVC up and running again.. if it werent they would have stepped in when TVC went to .04 on panic and bought up the company but, they didnt. They want TVC to continue, as does their other partner as they would lose even more... JMO GLTA Invested. Buying at this level is a no brainer!.