Three Valley Copper Corp TVCCF

RE:RE:Three Valley Copper was Sprott Resource Holdings

[jetfuel10X]

Notwithstanding these actions, based on MTV's current cash flow forecast, MTV will require additional financing in the next several months. Three Valley Copper currently maintains working capital of approximately $7-million (U.S.) separate from MTV but this is not sufficient to finance the expected financing gap at MTV and finance the company's continuing corporate requirements. Three Valley Copper is reviewing its alternatives while preserving its cash resources.

jetfuel10X wrote:

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.