Tocvan Ventures Corp C.TOC

Not a great day for TOC.

[lifegoeson]

TOC traded 206,000 shares in Canada today, not a great day, the sell orders came out in full force with many following along. Is this just nervous selling, more profit taking or something more significant. I suspect we will find out shortly. I wonder what's up. Canaccord sold out late in the day down to $1.19. Let's hope this recovers tomorrow or going to have to look more carefully at the short and long term horizon.

[goldcart]

Warrants could be called in in next week or two possibly....

[GutterGuy]

Was there stipulations on the recent pp for the warrants to be called in early?

[goldcart]

10 consecutive trading days over 1.28...and the warrants can be called in with 30 days expiry...we were almost there so I think the larger sellers were looking to cash up for the wrrants call...which is good...

[lifegoeson]

Goldcart, not sure they met the conditions, however, I suspect the warrants will be exercised regardless of this condition, but who knows for sure. Most of these warrants exist with one large shareholder. But it was interesting to see the share price get knocked back like that, but that is what can happen with companies with low number of shares. Perhaps they are going to lock in a Private

[GutterGuy]

A pullback and consolidation after such a quick sharp rise is to be expected. 

[lifegoeson]

GutterGuy, I agree, a pullback and consolidation after such a quick sharp rise is to be expected. My bets are buyers aren't far away.