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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 Jan 13, 2024 5:39pm
75 Views
Post# 35825403

RE:RE:Not one of the better weeks for Tocvan....

RE:RE:Not one of the better weeks for Tocvan.... Yes, one can pick winners, you are 2 for one, but I can show you many stocks that are down for the year of 2023. It sounds like you shouldn't own Tocvan, this isn't a stock play, this is a resource development play that takes time. I think the timing is the best now, the previous 3 years were laying the groundwork to get to this point, i.e. massive land acquisition, ownership of 100% of Pilar, and 100% ownership of El Picacho, pouring first dore bar, metallurgical testing, over 27,000 m of drilling and the list goes on and on. If you can't wait, just sell and move on, best for us to take you out here at cheap prices, then take you out later at higher prices. There will be mabt more capital raises to come to get everything accomplished. For production alone, I suspect a $40 M raise will be required.  You have to ask the question, why and when did  I first buy Tocvan, that will answer whether you should buy more or sell and move on. It is that simple in my mind, there are simply too many metrics to come that are very positive. Reaching production and being potentially acquired takes time.



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