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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).


CSE:TOC - Post by User

Comment by lifegoesonon Jun 05, 2021 12:31pm
79 Views
Post# 33336068

RE:Aw

RE:AwWersig, thanks for the video, good update from Derek Wood, sure sound like business as usual and progress cointinues. Nice to see buyers step back in on Friday with the price up $0.27 closing at $1.28 on 147,000 shares. We have talked about why the price retreated to $1.01 on Thursday. This video came out on Thursday, June 4th, I guess after the market close (watched by 87 people). I suspect this was Derek doing damage control after the sellers drove the price down during the week. Clearly someone wanted out and sold aggressively during the week. Judging by the buyers that stepped in on Friday, they believe what Derek said and that there are no material changes and everything is going smoothly as planned and outlined in previous releases. I love his words, "trying to make a homerun for shareholders", also "keeping the shares as low as possible"... Overall I am happy, they aren't getting my shares although I must admit, when the price touched $1.01 it sure felt like something was wrong. Those who bought on Friday are feeling pretty good. I still think we need the US listing to get more liquidity to avoid these harse swings. Also would be nice to get the 2.5 M warrants at $0.70 exercised.
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