Another week of low volume has passed.Just a dribble of shareholders exiting Tocvan last week as evidenced by only 155,000 shares passing hands, with the vast majority of shares being sold by Anonymous. We have yet to see a press release indicating the drills are turning at El Picacho, but I suspect this will happen sooner than later according to their last press release, hard to believe but it is already over half the way through October. I know Pilar is also going to be drilled, but I am not sure if they are working on collecting the bulk sample and preparing a heap leach test pad to deterimine recovery. The bulk sample as I said before will lead to a decision on whether to proceed with production. The share structure is excellent, and fully funded for 2 years, so if they can get production going, this could also lead to increased cash flow and little share dilution, bringing increased shareholder value overall.
Christmas is coming, do you believe in Santa, can you hear the bell?