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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 Jul 15, 2023 12:18pm
102 Views
Post# 35542614

The quiet days of summer continue - already July 15.

The quiet days of summer continue - already July 15.Not much happened with Tocvan this week, only traded 17,900 shares on Friday with a slight tick down due to late selling of a few shares at the close. Amazing, Tocvan traded only 82,900 shares for the entire week. Basically a few sell and move on, others buy, while all the rest wait.

I have been asked by several people, "What are we waiting for, why no news, why the delay, why aren't we drilling?". I expect results from the 800 ton heap leach sample should be back soon. I know I am beginning to sound like a broken record, but drilling should return soon. Nothing has fundementally changed except for this recent pullback in price. The good part is Tocvan is tightly held and thinnly traded, so it's not going to take much to bring the share price back over $0.60.

Production is my objective, so I will wait.


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