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).

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Tocvan Ventures Corp > Fresnillo Partnership & possible takeover

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Comment by lifegoesonon Jul 05, 2024 3:29pm

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RE:RE:RE:RE:RE:Fresnillo Partnership & possible takeover

I think there were more things at play with MAG silver corp than meets the eye. It is impossible to compare MAG with TOC. MAG has over 100 M shares, it traded over $30 back in 2021, it now trades at $17, even 10 years ago it traded at about $8. Clearly plenty of time for everyone to sell their shares for a profit. I don't know about Fresnillo making a bid at MAG, when did that occur? MAG produced over 16 Million oz of gold back in 2023. My simply conclusion is I am waiting to see what plays out with Tocvan over the next several months, still very early days for Tocvan.

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