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Bullboard - Stock Discussion Forum
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).
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CSE:TOC - Post Discussion
Tocvan Ventures Corp
> Aw
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•••
wersig
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Post by
wersig
on Jun 04, 2021 11:58am
Aw
Overvalued???
You don't mean that seriously, are you? Even 1.50 is still a bargain. As of today with all test drilling, a mining operation is very likely !!
(12)
•••
lifegoeson
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Comment by
lifegoeson
on Jun 04, 2021 12:21pm
Wersig, good point, maybe overvalued is a strong word. Perhaps what I meant to say was no one wanted to buy, so this suggests the value is high given the price, and then when people started to sell there were so few buyers, the price collapsed to near $1. True value is only achieved when a resource is proven and a liquidity event occurs such as a buyout. The alternative to a buyout is the
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