Three Valley Copper Corp V.TVC.H

Alternate Symbol(s): TVCCF

Metals & Mining Copper

Three Valley Copper Corp. is a Canada-based mining company. The Company is focused on its primary asset, Minera Tres Valles (MTV). It operates through two segments: MTV and Corporate. MTV segment is the Company's principal operating business. The MTV mining project, in the Province of Choapa, Chile, which includes fully integrated processing operations and its two main mines, the Don Gabriel open pit mine (Don Gabriel) and the Papomono underground mine (Papomono). MTV is located in the Cretaceous belt of Chile that hosts a large number of deposits. It has over 46,000 hectares to explore with over 100 copper occurrences mapped and 70 artisanal exploitation points. MTV's main assets are the Minera Tres Valles mining complex and its 46,000 hectares of exploratory lands. Its two major deposits, Don Gabriel and Papomono and other known mineralized areas are located in a 10-kilometer-wide corridor of middle to upper Cretaceous volcanic rocks, bounded by north-south-trending faults.

TSXV:TVC.H - Post by User

Three Valley Copper Corp > As a shell TVC present value is .10 to .15

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Comment by jetfuel10Xon Jun 15, 2022 7:04am

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Post# 34757275

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

Just to clarify;

The amount of around 1.5m to receive is a receivable forTVC and not TVM - This amaount come from previous deal done when TVC was sprott holding on propriety was sold from their porfolio;

The around 5.8 m usd cash in TVC is a TVC asset separately from TVM held here in Canada - cannot be cease - As I know - Zero $ was transfer to TVM to support the ramping up of papomono;

TVC has no debt

jetfuel10X wrote:

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;