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Vior Inc V.VIO

Alternate Symbol(s):  VIORF

Vior Inc. is a Canada-based junior mining exploration company. The Company is focused on advancing its flagship Belleterre Gold Project with the strategic support of Osisko Mining Inc. The Belleterre Gold Project is located in Belleterre, 95 kilometers (km) south of Rouyn-Noranda, within the prolific Abitibi-Temiscamingue region, providing exploration costs and access to key resources. The Skyfall Nickel project has a land package comprised of 925 claims, consolidated over highly prospective gold and nickel-copper-PGE terrain 100 km south of Chapais, Quebec. Its Foothills project is located north of St-Urbain, 100 kilometers northeast of Quebec City. The Belleterre Critical Minerals (Lithium) is located in Belleterre, 95 kilometers south of Rouyn-Noranda. The Mosseau project is located 70 kilometers west of Osisko Mining Inc. Windfall deposit, near Lebel-sur- Quevillon, Quebec City. The Ligneris project is located 100 km notheast of Rouyn-Noranda, Quebec city.


TSXV:VIO - Post by User

Bullboard Posts
Post by ChiChi3on Feb 04, 2011 10:04am
313 Views
Post# 18075082

New Deal with Aurvista

New Deal with AurvistaLooks like the new deal doesn't mean too much for VIOR.  They will now own half of Aurvista and Aurvista will own 100% of Duoay.  Therefore, in essence, VIOR remains owner of half of Duoay.

The one thing it does do is puts a value of $44 million on Duoay (I believe this is all Aurvista has an interest in) so at a minimum VIOR is worth $22 million or about 23 cents a share.  That doesn't include all of VIOR's other promising properties. 

The stock should now be trading north of 25 cents pretty soon!

Chi
Bullboard Posts