Strong mid-week move for Tocvan.Nice to see Tocvan's price jump back up over $0.40. There has been strong buying by a number of groups, but it all started with volume last week when National took down a cross, then yesterday they took down another cross for 250,000 shares. Today others have joined in the game and pushed the price up to $0.45. I suspect we are close to news, perhaps drilling or perhaps something else like the Lidar data or metallurgy update. Not sure, but usually buying like this front runs news.
Also, there is a good promotion piece by Junior Resource Investing which was mentioned last week. I noticed they are starting to get traction on their web site, good to see people looking at Tocvan. Last I looked this morning they had over 190 views.
No matter what the reason for buying, this is still early days for Tocvan. I suspect the cheap stock at these levels has been absorbed. We should be looking for higher levels once the drills start turning.