The price of Tocvan firmed last week.Another quiet week of trading for Tocvan, closing on Friday at $0.53 on only 11,000 shares. There was a good cleanup of loose stock earlier in the week, with 128,000 shares trading for the week.
Already the middle of August, with people still vacationing and travelling. I am pleased that Tocvan has held this price level, whereas many other stocks have collapsed over the last several months. This speaks to the value of Tocvan and progress they have made over the last few years. Tocvan is progressing nicely towards a production decision. The land consolidation will help greatly in providing space for a larger production facility, as well as potential expansion of the resource.
I am travelling for the next week. Not much to watch given the time of the year. But I do anticipate results from the 800 ton heap leach pad to be back soon. Then drilling to start shortly after that. Patience.