CSE:TOC - Post Discussion
Post by
lifegoeson on Nov 25, 2023 11:48am
All very quiet. I wonder why?
One can only speculate as to what is going on in the background at Tocvan. We know that Brodie Sutherland, CEO, spent a week down at Pilar for important meetings. He posted this on X: ".... Just returned from another successful trip to Mexico. Sonora has some of the most stunning sunsets. Lots ahead as we advance our #gold #silver projects $toc..." Then after that he posted:
"...... The new discovery outcrop and the discoverees, Renee and Isaac. 2m chip returned 5.6 g/t #gold and 106 g/t #silver hosted in a brecciated vein that looks identical to Pilar's Main Zone. All within an alteration zone 3.3 km long..."
I do like that they collected 2 meter samples and the results were excellent, i.e., 5.6 g.t AU and 106 g.t AG. What is important is that this alteration is 3.3 km long. This could be the biggest find yet, as this is directly at surface, and adjacent to the lower valley alluvial gold mining operations on the property. Could this 3.3 km long alternation be the feeder system for all the gold below in the ancient alluvial river beds. I am excited to get the drills going on this part of the property to see what lies below the surface? I guess we are going to have to wait until US Thanksgiving, Black Friday and Cyber Monday are over.... However, Tocvan did trade 121,000 shares on Friday, and 220,000 shares for the week. The close each day has been basically at $0.44 to $0.45, which is a good sign accumulation continues. I suspect the selling is from he people dumping their stock and moving on, perhaps a tax loss sell, managing risk, or just moving along due to impatience. Not much more to say, nothing has changed, we are waiting for the close of a $500,000 Private Placement, and of course, commencement of drilling and the Lidar Data.
November is almost over, it will be Christmas in the blink of an eye!!!!!!
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