Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Tocvan Ventures Corp C.TOC

Alternate Symbol(s):  TCVNF

Tocvan Ventures Corp. is a Canada-based early-stage natural resource company. The Company is engaged in the acquisition, exploration, and, if warranted, development of mineral properties. The Company has two projects, the flagship Pilar Gold Project and the El Picacho Gold Project in the Sonora State of Mexico. The Company’s flagship project Pilar Gold is located approximately 130 kilometers (km) southeast of the capital of Sonora, Hermosillo. The project is fully road accessible and takes approximately two hours to drive to from Hermosillo to the town of Suaqui Grande on paved highway. From Suaqui Grande to the project site is approximately 30 mins on gravel road. The El Picacho Gold-Silver property is interpreted as an orogenic gold system within the regional Caborca Orogenic Gold Belt. The project is 140 km north of Hermosillo and totals 24 square kilometers (km2).


CSE:TOC - Post by User

Tocvan Ventures Corp > TSXV Research just covered Tocvan - worth AT LEAST $1.53!!
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(20)
•••
Post by GregL80on Oct 22, 2020 12:20am
348 Views
Post# 31760373

TSXV Research just covered Tocvan - worth AT LEAST $1.53!!

TSXV Research just covered Tocvan - worth AT LEAST $1.53!!I just came across this research report. This geology regularly gets bonanza grade deposits! Time to buy the shares up....


Research report

"TOC’s current share price of C$0.40 (US$0.30) is a staggering 383% discount to intrinsic value. Conservative estimates show that comparable assets of a more advanced stage are worth, on average, $149.31M using a 20% discount rate. In order to account for the earlier stage of the project, I have simulated equity raises of $10M, and assumed the project will not reach a stage where an economic assessment is available until June 30, 2024. While I believe these assumptions are conservative, particularly with the impact of the assumption of a $10M raise, it is a useful test in demonstrating the intrinsic value of the asset."
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities