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Three Valley Copper Corp V.TVC.H

Alternate Symbol(s):  TVCCF

Three Valley Copper Corp. is a Canada-based blank check company. The has no operating activity and investigating the prospects for a business combination, change in corporate strategy or sale of the Company.


TSXV:TVC.H - Post by User

Comment by Iamjaygeeon Apr 05, 2022 10:42am
82 Views
Post# 34576539

RE:Three Valley Copper was Sprott Resource Holdings

RE:Three Valley Copper was Sprott Resource Holdings
nickbillfish wrote: 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.


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.
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