RE:Tocvan rejects $ 20 million financing offerGutterGuy.... thanks for the link and the English translation. Derek has been talking about the potential of TOC since the beginning when I first purchased my shares, but now that they have finished Phase I drilling and expanded the main zone, the real potential of Pilar is becoming clear. There has been over 21,000 m of drilling, so the resource is beginning to come into focus for everyone, including the group that offered $20M (and potentially other investors). Derek is looking for the right partner who wants to take this over the finish line, while keeping the share structure in check. He want to reward all current shareholder, and if he executes as he discussed, we are all going to be very, very happy shareholders. There are a number of key points Derek talked about, 1) TOC is currentlyy valued at only $43 M given the current share structure of about 28.5 M shares, 2) rejected the $20M because it would be too dilutive (33%), 3) US listing is getting close (submitted a while ago), this would increase exposure even more than Germany and Canadian trading, 4) results from drilling should be coming back soon, 5) bulk sample could produce million of dollars in non-dilutive cash flow, and finally, 6) Ellis Martin new interview possible (this would be a very important exposure to investor portal). There were many other important things that Derek discussed, the most signficant other than those discussed above is the acquisiont of El Pichaco. Conclusion: I am feeling even better with my position, possibly good enough to even get me to buy more shares. Any money coming in at these levels are looking for $3 plus, but if all goes as planned and dilution is kept to a minimum, with open pit production potential, I suspect a much, much higher price is possible with heavy trading and profit taking opportunities. Patience is key, support is important, and spreading the word is very important. Sure there is a lot of hype, but there has also been text book execution thus far. Good Luck