This is more to my last post...After reading my last post, I think there is an introduction that needs to be made.... so read this, then my last post....
Let's first start my discussion here..... the general markets sure aren't happy. The DOW was down 2.4% last week, 10% for the month of September alone, and a staggering 16.5% over the last year. Not a great trend. It all started with Covid back in 2019, then the shutdown, followed by supply disruption to the entire Global supply chain, now a lengthy war with Russia invading Ukraine that is now almost 8 months old, creating serious disruptions to the oil and gas sector, and it seems to go on and on. Inflation is hitting on all cylinders and interest and mortgage rates are climbing.
Where does this leave Tocvan Resources? I think Tocvan is in a pretty good position overall.
Tocvan is a fully funded resource company for the next 2 years after a $5.125 M financing, two great properties with drilling to start at El Picacho in October followed soon by Pilar, a large heap leach bulk sample up to 1,200 tons to be tested soon which could lead to near term production at Pilar, and of great importance, a great share structure with significant upside growth potential.