$TV 0 online
Members of #tv
Moderators
Members
click to invite
@Excelsior @Fanagalo and @PamplonaTrader - Great discussion on some of the #Zinc mining companies that haven't had as much discussion lately like $HER $HRR.AX $ZAZ $CEM $FOM. It has been exciting to see all the interest building for the last few months around $TK $VTT and $TV and we are finally seeing signs of the sector-wide Zinc party getting under way. It is still earlier days though, as 2017 & 2018 should continue to be a great years for the Zinc Jrs.
3
from #her,
click to invite
@Pokey #TV becomes the largest #Zinc producer globally and the largest public pure play zinc player.
0
click to invite
@Pokey #TV production goes from 129mm lbs to 400mm lbs.
0
click to invite
@Pokey #TV Transaction is accretive on many metrics but in particular EV/Editda. ..#Zinc
0
click to invite
@Pokey #TV pretty much the only institutional grade exposure to #Zinc production.
0
click to invite
@Pokey #TV Sorry make that the 8th largest #Zinc producer globally.
0
click to invite
@HRA-Coffin Glencore makes as much - or more -money trading metal as they do making metal. I suspect that if they could sell all the mines on terms similar to the $TV transaction = where they control the concentrate trading - they would probably do it.
2
from ~zinc,
click to invite
@TheGalvanizer It's a point some folks raised after the $tv deal @martinTurenne and it's a fair question to ask. In the case of $TV they removed operating risk while increasing overall interest in $TV from 4% to 25% and secured, most importantly, the offtake that is central to their business. Im not saying they are doing a reverse in mining aka Nystar (with Trafigura exerting some influence on their direction im sure) but in some ways the metal itself is way more important to them than who gets it out the ground. Just my take on it.
0
from ~zinc,
click to invite
@TheGalvanizer It's a point some folks raised after the $tv deal @martinTurenne and it's a fair question to ask. In the case of $TV they removed operating risk while increasing overall interest in $TV from 4% to 25% and secured, most importantly, the offtake that is central to their business. Im not saying they are doing a reverse in mining aka Nystar (with Trafigura exerting some influence on their direction im sure) but in some ways the metal itself is way more important to them than who gets it out the ground. Just my take on it.
0
from ~zinc,
click to invite
@ocotilloredux Q: I assume $tv will have to file NI 43-101's for these Glencore assets prior to purchase would they not? Glencore has never published details not even in their IPO.
0
from ~zinc,
click to invite
@TheGalvanizer Trading zinc and $tv shares
0
from ~zinc,
click to invite
@Excelsior #RickRule Pre #PDAC 2017 #Mining Stocks on #BNN Market Call MARCH 3, 2017 Rick Rule covers a great deal of ground in this BNN #Video interview (from a few weeks back) on some of the more popular mining companies: $IVN Ivanhoe, $ANF Anfield Gold, $KL Kirkland Lake, $CGP Cornerstone Capital & $SOLG.L SolGold, $PVG Pretium Resources, $NAK $NDM Northern Dynasty, the XAU Index, $DDC Dominion Diamond, Reservoir minerals/ $NSU Nevsun, $HL Hecla Mining, $PAAS Pan American Silver, the #Silver market fundamentals, $CDB Cordoba, $SLW Silver Wheaton, $BGM Barkerville Goldmine, $VIT Victoria Gold, $DPM Dundee Precious Metals, $LUC Lucara Diamond, investing in #Gold bullion, Off balancesheet liabilities and #debt of the US Government, $TV Trevali Mining, $NXE Nexgen Energy, $ALS Altius Minerals, $BTG B2Gold http://www.pennyminingstocks.com/rick-rule-pre-pdac-2017-mining-stocks-bnn-market-call/
7
from #index,
click to invite
A. Paul Gill @courtninja - #ninjapicks - $AVX - Zinc, drilling soon. $PST - deal with Rio Tinto - and $TV - big deal with Glencore. All this is good news for juniors. Majors are buying in.
1
from @courtninja,
@marketwired Trevali Announces Closing of C$264,546,000 Bought Deal Financing and Amendment to Agreement to Purchase Glencore's Producing Rosh Pinah and Perkoa Zinc Mines @marketwired/trevali-announces-closing-of-c264546000-bought-deal $TV $TV $TREVF $4TI
0
from #newsroom,
click to invite
@SotalyTober $TV - Trevali Mining closes $264.54-million bought deal - http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aTV-2456052&symbol=TV&region=C
0
from #index,
click to invite
@TheGalvanizer Canaccord Morning Coffee – Thurs. Mar 30, 2017 – #CanadianEnergy $ELD $OGI $OSK $RHT $TD $TECK $TV $UR $VML $XEG http://ow.ly/8l9p30ao01s
2
from #index,
click to invite
@CriticalInvestor @ocotilloredux Nice story about Glencore and the juniors, although it looks like they want to use $TV for something strategic. As long as they need it of course. I'm looking into $TV's mines a bit, and I found it to be impossible to find out what amount of capex was used for Santander, do you have any idea? Tough act to follow this Trevali, no reserves, no studies on their mines, CF is for a large part based on depreciation etc so being valued at 18 times CF is very, very rich
0
from ~zinc,
click to invite
@NickZed I was listening to one of the hreat interviews linked on ceo.ca- i think that it was the Northern Miners episode 54 podcast about Copper and Zinc. The CEO of Trevali was saying that zinc smelter rates have been dropping (which indicate a lack of supply and therefore tightness in the market) and that the latest zinc smelting rates are "due to be published soon". Any idea where to find these? Thanks $TV #Zinc
0
from #zinc,
click to invite
@Picsou http://www.mining.com/web/buy-precious-sell-base-metals/ as always, interesting piece from #Ballanger nourishing my confirmation bias. #zinc #copper #silver #gold $TK $TECK $CZN $TV Question is how will #uranium stocks fare in this context? Less to retrace is all we know for sure.
2
from #index,
SEDI_bot Trevali Mining Corporation $TV just filed 9 reports. View full report: SEDI:TV
1
from #insiders,
click to invite
@ocotilloredux @brian. I beg to differ on $tk's lack of infrastructure. The high voltage power line to Antamina for instance passes right through the property. And there is a 10,000 tpd lead/zinc mill sitting almost idle less than 100 km away (Volcan's Cerro de Pasco). Getting a decent water supply is my only concern but from what I understand, lack of water has not been an issue in Peru lately. Also, for whoever was hitting me up for costs in Peru recently, $tv recently filed an NI 43-101 reserve report on sedar for Sandtander near Tinka with good operating cost data. As I suspected, they develop a meter of tunnel in Peru for roughly 25% of the cost in Canada for instance.
22
from #tk,
click to invite
@TheGalvanizer Heck $tv puts Mines into production on inferred :))
4
from ~zinc,
click to invite
@Wannabeinvestor Is $TV bottoming? Massive volume, up 10%.
0
from #index,
click to invite
@Wannabeinvestor Zn is up almost 3% this AM, was that the start of bottom-building in $TV y'day? up 8% on 15m shares traded, 4x the average
2
from #index,
click to invite
@Vaughan Select thoughts from @ocotilloredux on $TV and $TK (as discussed in the $TK room) Maybe I shouldn't be reposting it here, but the guy is a force of knowledge on zinc. @ocotilloredux I am not sure what sort of crown pillar Trevali left at surface but the mining commenced very close to it. They are currently mining down around 250-300 m depth now moving downwards about 75 m a year so will be mining deeper than Tinka's deposits shortly and at grades much less than the West Zone. The original mine from St. Joe's days is mined out to almost 500 m depth but they will likely ramp across from Magistral to get at this ore since they will be getting desperate in a few years time for feed. So Santander's resources will be looking like a sick cousin to Tinka in five years time due to the 4-5 km haul up the ramp to surface. Operating costs last year, according to the recent NI 43-101 were $US47.50/t. Cerro Lindo is less than $US30/t. With the top of ore at Tinka in the ~125 m depth range, this is as easy peasy as it comes for bulk ramp mining. Very similar to Cerro Lindo but twice the zinc grade (no 0.8% copper kicker mind you) and definitely not the potential economies of scale (yet). But Votorantim (Milpo) has a handful of smelters in South America that will be running low on internal feed in the next 10-15 years so I hope they see the wisdom of making a move here. As I disclosed a week or two ago, I sold most of my position in the low 70's but like a few here, we are looking for re-entry points.
8
from ~zinc,
click to invite
@enviro111 Question on $AR the market share for this is greater than 600 million. Larger than all of the zinc juniors combined. Larger than $tv. Only 19 million in cash. This must be a really special asset.
0
from #az,
click to invite
@ocotilloredux @FreeBird Resources below 430L are inferred so they are not in RPA's mine plan. Looking at Figures 16-4 and 16-5 suggests another 1-1.5 years of production from inferred. But generally poor conversion of M + I to P+P above 430L appears to be due to narrow ore widths at the extremities as also seen in these figures. If zinc prices are above reserve assumptions, they may pick up some incremental tonnes here also but the longitudinal retreat method wipes out ready access to the extremities. $tv
1
from @ocotilloredux,
click to invite
@Excelsior @PamplonaTrader - Is fine grain ore a total deal killer? Isn't $TV fine grained? Are all of the $CZX properties fine grained? They have a few different properties, and the Circue East, Pie, and Yuen North are still being explored at present in the JV with $Teck and #KoreaZinc Here's the info on Kechika Regional http://canadazincmetals.com/projects/kechika_regional/ * Here is the info their Akie deposit: The revised NI 43-101 compliant resource estimate consists of an indicated category of an indicated resource of 19.6 million tonnes grading 8.2% #zinc, 1.6% #lead and 13.6 g/t #silver (at a 5% zinc cut-off grade) and an inferred resource of 8.1 million tonnes grading 6.8% zinc, 1.2% lead and 11.2 g/t silver (at a 5% zinc cut-off grade). Using this estimate, the deposit contains 3.54 billion pounds of zinc, 685 million pounds of lead and 8.6 million ounces of silver in the indicated category, and 1.2 billion pounds of zinc, 207 million pounds of lead and 2.9 million ounces of silver in the inferred category (at 5% zinc cut-off).  The deposit remains open along strike and at depth. http://canadazincmetals.com/projects/akie/
1
from ~zinc,
click to invite
@NickZed @Fatherted ...ahhh got it. I couldnt tell if he was being sarcastic about the 5%. A question- I'm assuming that you view this resource as world class. I'm on board via $DGR.AX (whuch is lagging). I might sell some $TV shares and load up on $CGP. When do you think that the next lot of drill results will come through?
0
from #cgp,
click to invite
@Excelsior @Jayfire - Great points on access to Canadian Jrs for US or overseas Investors. Many can't trade the more liquid primary Canadian tickers, and are forced to use the OTC tickers (with much less liquidity and wide bid/ask spreads). Sometimes there are some interesting Arbitrage trades though as a result. The more stable NYSE listed tickers would be the way to go, or the 2 #Silver ETFs have liquidity and exposure to many of the big names. Honestly, if investors are just going to go with a few big names, they'd probably be better off just plopping some funds in $SILJ and skipping all the homework and monitoring. Here are the Top 10 Holdings in $SILJ RANK    NAME   %TOTAL Ticker 1 PAN AMERICAN SILVER CORP    14.50     $PAAS     2 FIRST MAJESTIC SILVER CORP     13.26     $AG          3 COEUR MINING INC.      12.94     $CDE        4 HOCHSCHILD MINING    5.38        $HOC.L 5 SILVERCORP METAL INC COM    5.34       $SVM 6 SILVER STANDARD RESOURCES  5.06        $SSO 7 MAG SILVER CORP COM               5.03       $MAG     8 EXCELLON RESOURCES INC          4.60       $EXN 9 TREVALI MINING CORP 4.42        $TV 10 ENDEAVOUR SILVER CORP           3.97       $EXK
2
from #mbgtrends,
click to invite
@Ty Possible reversal pattern forming. http://cdn.ceo.ca/1cgm41q-Screen%20shot%202017-05-04%20at%201.27.20%20PM.png+
0
click to invite
@wannabeinvestor Chart is not looking good, despite the strength of the Zn story.
0
click to invite
@enviro111 I think you guys should panic and bail now!! Just kidding. $tk will likely find support between 50 and 60 cents. Also, the entire zinc market is down. $TV is getting hit, hudbay and teck are down hard. In the meantime zinc warehouse level continue to drop. This is Glencore at work. I just took my initial position in tinka.
1
from #tk,
@marketwired Trevali intersects wide interval of massive sulphide mineralization at Heath Steele project in New Brunswick @marketwired/trevali-intersects-wide-interval-of-massive-sulphide $TV $TREVF $TV $4TI #news/mining
0
from #newsroom,
click to invite
@anomalloy And News releases since yesterdays closing and into the night. Are they trying o hide something? Not $TVE, but?- $ABHD, $ADK, $BAA, $CATS, $CNC, $CPIX, $ICPW. $EVOK, $FVI, $GCM, $GRG, $IMG, $LBL, $LNG, $LUG, $M, $MARL, $MOZ, $NXG, $PLI, $PVG, $REN, $RMP, $ROXG, $RSSS, $SIAF, $SNR, $SPHS, $SRNA, $SRX, $TBR, $TRQ, $TSSI, $TV, $VFF, $WINT, $YEWB, $ZPAS. Trading Halted - $TM. Trading resumes $TEK, $TM
1
from #ninjapicks,
click to invite
@enviro111 [@engineer] if it matters here's mine. I never hold more than 10% in any one. $cgp, $TV, $TK, $BTR, $SWA, $TNY, $VTT, $TGZ, $MOZ, $SMF and $RZZ. Ive sold $GSV, $MARL, $COR, $GBTC and $eMC. I'll confess the stinkers are $SMF and $TGZ. Currently, I got lots of dry powder (1/2 of the portfolio is cash). Maybe should deploy some of it?
1
from #cgp,
@marketwired Trevali shareholders approve acquisition of Glencore's African zinc mines @marketwired/trevali-shareholders-approve-acquisition-of-glencores $TV $TREVF $TV $4TI #news/mining
0
from #newsroom,
click to invite
$TV Very bad deal for the sheeple Good deal for Glencore
0
from #index,
click to invite
@enviro111 $tv has been a real stinker lately. However, consolidating four mines under tv on the cusp of a bull market might make sense. Also, having a strong partner is something most juniors would welcome. I also think that Glencore will withhold zinc from the market to get the price up. Zinc at a dollar a pound is really, really cheap. Considering how much effort and environmental degradation goes into a mine, most metals should be a lot higher.
1
click to invite
@Excelsior Canada’s $TV Trevali picks up $GLEN.L Glencore #zinc mines in #Africa Shareholders have approved the planned #acquisition, worth about $400 million. Cecilia Jamasmie | about 5 hours ago #Index ~AUfrica http://www.mining.com/canadas-trevali-picks-glencore-zinc-mines-africa/
1
from ~aufrica,
click to invite
@ocotilloredux I had a look btw at what $tv was paying for Glencore's assets vs what RPA said they were worth in their NI 43-101's (which I am grateful Glencore has finally realized were necessary to publish) and essentially we have a 0 NPV situation here, if not negative. The underwriters were typical whores as always. I scratch my head constantly at what people are willing to pay for wasting assets.
0
from ~zinc,
click to invite
@Brandon To be fair, the NPV in an engineering study is not what the asset is worth. It is a single economic calculation on a fixed mine plan that may oversell or undersell an asset's viability. Look at $G's purchase of $KAM last year. Based on the NPV of the known mineralization it looks like $G way overpaid, but we can assume they priced quite a bit of exploration potential in. That's totally fair. Whether that is the case with $TV I can't really say.
2
from ~zinc,