Three Valley Copper Corp V.TVC.H

RE:RE:As a shell TVC present value is .10 to .15

[jetfuel10X]

I was in touch with the CEO today and the 5.8m usd still for most of it in the canadian bank account separatly of MTV;
Worst case - the TVC shares in TVM will worth ZERO; + TVC still have around 1.5m to receive from old deal done;
In that case - TVC become a shell ready to invest in new mining project;
Remember that TVC is the former Sprott holding and the board still the same;
TVC has over 80 deficit accumulated; it become an asset;
A shell with no $ in worth around 1 to 2 million $;
Historically; a mining shell value is estimate at 1.5 to 2X cash in
+ an accumulated deficit is estimate at 5 to 15% value;

At .03 with 112m share - TVC present value is around 3.6m

Let's say we take the minimum scenario;

8m cdn cash X 1.5 = 12m value
5% of 80m = 4m

Present TVC as a shell value =16m divided by 112m share = .14

FYI - in 2002 a company name Wheaton river mineral was used as a shell with 5m $ in - today this company is Gold Corp;