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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 Aug 27, 2022 1:17pm
232 Views
Post# 34924556

Another quiet week for Tocvan, in a very turbulent market.

Another quiet week for Tocvan, in a very turbulent market.
Tocvan traded 391,615 share for the week and has consitently traded in the lower end of this range for the last couple of weeks, about 1.5 M for the month of August already. The DOW closed down over 1,000 points on Friday as it appears interest rates are heading higher, inflation still lingers at high numbers, and consumers reducing their spending which is starting to impact the overvalued larger stocks.. The thesis for Tocvan remains about the same, fully funded for 2 years, more assay results back soon, and drilling to start on Picacho soon. The summer is almost over, kids back in school, and activity in the Sonora area is about to resume as the rainy season will be slowlying shortly. The fall in the mining industry has traditionally been a good time for results and activity prior to winter in the Northern part of the continent.
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