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Bullboard - Stock Discussion Forum 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 Discussion

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Post by Snakebite18 on Apr 10, 2022 12:22pm

My take

My take on the whole situation is that all parties involved have come up with a resolution, which was confirmed by restarting the mine. Pretty sure all involved would have to have been involved in the decision making. Don't see how they could make that call on there own, especially defaulting on payments. Most likely just legal jive now. Also the deferral of shares shows me that the directors also think this is worth fixing by taking shares instead of pay checks ( putting some skin in the game). They wouldn't be doing this if there was no hope in heck of a outcome, they would have just got payed and ran. That's exactly how dsu and rsu shares work. Give up now for bigger payout later or what's the point having shares at all if there's no company around later to cash those in. The restart was most likely some kind of open ended agreement to get the ball rolling sooner rather than later, due to high copper prices and to start repaying as soon as possible while the lawyers finish up. If this all goes belly up, no one wins, which then opens up a whole new can of worms. Depend on what was agreed upon in the first go around, could even hold the directors responsible. Pretty sure no one wants that. No one wins then. I think the only question not answer, is going to be how us common folk are going to make out. Fingers crossed.
Comment by Goldy63 on Apr 10, 2022 5:39pm
Agreed Snake . And yup Nancy da troll aka Stockman gots her panties in a knot as usual lmao . Not denying 2.7 mil plus shares traded Friday on no news humm . Yup the deal is a win , win for all and its going down and Anglo would lose out on there sweet copper deal paying half whats its worth today . Perhaps thats part of the deal ?. Paying closer to todays prices for copper and that would ...more  
Comment by stockman2021 on Apr 10, 2022 5:45pm
This post has been removed in accordance with Community Policy
Comment by stockman2021 on Apr 10, 2022 5:45pm
This post has been removed in accordance with Community Policy
Comment by Iamjaygee on Apr 10, 2022 11:03pm
Maybe there's a deal, maybe not. I certainly hope so. The fact that everything is hush hush leads me to believe there is... no news is usually a good thing. But I'd be willing to bet the surprising and sudden restart of the mine was because they needed to show proof on concept before any deal was made... and not because they wanted to, because I don't think they were ready for it. And ...more  
Comment by Snakebite18 on Apr 11, 2022 10:47am
I understand that share compensation packages are done all the time. My point was that there is usually a vesting period or holding period before anyone can redeem those shares. Usually months, even years. Getting to my point that there has to be a place to cash them in. If this is done as some claim, why would anyone accept shares of any kind if there's no company left. Unless they have ...more  
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