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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by kramaswamyon May 13, 2022 11:26am
159 Views
Post# 34681657

RE:RE:TV Provides Update on Search and Dewatering Efforts at Perko

RE:RE:TV Provides Update on Search and Dewatering Efforts at PerkoSo, I'm absolutely not an expert on this topic, but it appears that Trevali owns the mine, however, as per the Perkoa NI43-101 document,

"Roscoe Postle Associates Inc. (RPA) was retained by Trevali Mining Corporation (Trevali) to prepare an independent Technical Report on the Perkoa underground zinc mine (Perkoa), located in Burkina Faso, which is operated by Nantou Mining Burkina Faso S.A. (Nantou Mining). Trevali holds a 90% interest in Nantou Mining while the Burkina Faso State holds a 10% interest, in accordance with the Mining Code."

I can't find any information whatsoever on Nantou Mining, nor am I at all versed in ownership structure, but is there a possibility that the fallout from this will land on Nantou Mining instead of Trevali? Perhaps there's some clause that will allow them to simply abandon the project completely, and write it off, instead of being stuck paying the bill for the next decade? 
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