Post by
lifegoeson on Aug 27, 2022 1:17pm
Another quiet week for Tocvan, in a very turbulent market.
Tocvan traded 391,615 share for the week and has consitently traded in the lower end of this range for the last couple of weeks, about 1.5 M for the month of August already. The DOW closed down over 1,000 points on Friday as it appears interest rates are heading higher, inflation still lingers at high numbers, and consumers reducing their spending which is starting to impact the overvalued larger stocks.. The thesis for Tocvan remains about the same, fully funded for 2 years, more assay results back soon, and drilling to start on Picacho soon. The summer is almost over, kids back in school, and activity in the Sonora area is about to resume as the rainy season will be slowlying shortly. The fall in the mining industry has traditionally been a good time for results and activity prior to winter in the Northern part of the continent.