Added to YB: 2024-02-26
Pitch date: 2024-02-18
TOC.CN [bullish]
Tocvan Ventures Corp.
+126.19%
current return
Author Info
Company Info
Tocvan Ventures Corp. engages in the acquisition, exploration, and development of mineral properties in Mexico.
Market Cap
CAD 63.1M
Pitch Price
CAD 0.42
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-42.03
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Tocvan: Heading towards Production in Sonora
TOC.CN: Pilar bulk sample yields 1.9g/t Au doré bar, exceeding prior results. Pursuing open-pit mine on 20x expanded land overlooked by Phelps-Dodge copper search. Nearby placers show Au potential. Permit expected in 18mo (COVID delay). Picacho Au-Ag project also promising. CEO touts mining-friendly Sonora & lean ops vs peers. Aims for $15-20M mine, <60M shares. Attractive with $18.2M market cap, strong IR, and Howard Group backing.
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