Tocvan Ventures Corp V.TOC.A

Primary Symbol: 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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Tocvan Ventures Corp

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Post by RockLobster1on Nov 30, 2011 11:25am

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Post# 19278854

Value

If the mkt cap is correct ar 12.2M, then at 505 bbl/d we have $24,000 per flowing barrel.
if we get to 700 then it is $17,400.
Fair value for oil/liquids like we have might be $60,000, but would be interested in other opinions.
just bought a little more but might take a while to see if they can move it fwd before needing to raise money.

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