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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

Post by lifegoesonon Dec 11, 2021 12:03pm
195 Views
Post# 34221697

The week that was and wasn't.

The week that was and wasn't.What do I mean by saying this was "the week that was and wasn't" or simply put, status quo and everything appears to be proceeding as planned. There will always be sellers, especially around Christmas time with tax loss selling. And of course the wild card is the significant short position which at the end of November stood at 344,000 shares (about 1.2% of the float), exactly what the shorts are doing is yet to be determined, I think it will all depend on what news TOC can provide as to whether they continue to short more or start to cover.

TOC traded about 253,000 shares for the week, another good collection of stock and perhaps a few more shares short. Price closed at $0.93 with a good bids underneath. I suspect this is where we are going to trade until more progress is made. I think some good news and a little squeeze on the shorts, we could see significant upward price movement.
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