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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 jetfuel10Xon Apr 07, 2022 12:00pm
73 Views
Post# 34584515

RE:500k bids by PI. Pi did the last financing

RE:500k bids by PI. Pi did the last financingFYI and to all

I foward that Analysis to a contact of mine - Former C-Level  VP of Sprott;

He reply to my analysis;

ACCURATE

I dont care of any of your dissident opinion; 

As I said - I am always doig deep DD when I invest  - everyone should do the same;

jetfuel10X wrote: My analysis of TVC:

Three Valley Copper was Sprott Resource Holdings

As per debt term and last financing term - TVC has up to April 30th to transfer the entire amount of the last financing into MTV; 7m still separate from MTV MTV need 21m to finalize the project and ramp up production for the next 12 months;

They have a FS production at 1.62 per pound and 101m m&I pound of Copper You need 21m - you have only 7m usd or 9m cdn; that 9m is separate from MTV;

TVC is not responsible for MTV's liabilities. All liabilities is in MTV

The decision is easy; If Anglo and MTV dont find an agreement by April 30th for the 21m needed TVC will not transfer the 7m usd and break the agreement -

MTV will liquidate assets to pay MTV liabilities to Anglo;

If agreement is break - May 1st - TVC will have 7m usd or 9m cdn ( divided by 112m shares= .08 per share cash ) TVC still have 95.1 % shares in MTV that is in bankruptcy; mean ZERO value -

TVC become a clean shell A shell worth around 1.5 to 2X cash in =.12 to .16 value for any mining producer to go public and vend in a profitable project into TVC ( RTO transaction ) + 258m deficit can be use by the new. owner of the shell against futur profit ( valuation is around 5% of 258m or 12.5m or .10 per shares ) Mean if TVC is use as a shell - the possible value is anyway between .12 to .26 per TVC shares

I predict a deal prior April 30th with non dillution in shares for TVC - TVC can sale to a third partie a % of his 95.1% against millions needed to cover the 21m short to ramp up the project - if deal we transfer the 9m cdn - Remember that Anglo was intended to invest another 11m in debt from last March 7th realease -

IF deal stock is back at .20+ overnight

11+ 9 = 20m. we are not far of a deal;

From January release: 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.

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.


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