$1.5 billion in contained goldit is amazing that VIO trades at 19 cents with a market cap of 13 million.....they hold 100% interest in a gold deposit that hosts $1.5 billion worth of contained gold.
>>>Patrick Bradley, president of Vior, commented, "These results clearly indicate the exceptional potential of this project and demonstrate that the mineralized system at Douay is substantially larger than we had anticipated."
>>>The Douay project is fully equipped with a surface infrastructure (access road, power line, shaft, hoist and office buildings) that was built in 1997 at a cost of $5-million and kept on a care-and-maintenance basis since.
.....read between the lines...I think you are going to see a major financing upcoming followed by a major drill program. I don't think anyone expected a resource of close to 2 million ounces...the company admits they didn't. With the POG above $800 an ounce and forcasted to rise in the coming few years, production or a buyout has to be likely in the short term.