RE: Re: NewsChi chi,
You asked . . . "Do you see a catalyst before the possible spring study that may move the stock price?"
Yes I do:
In VIO's Feb 4th press release . . .
"Aurvista must pay $1.5 million to Vior within a period of 60 days from the execution of the letter agreement. Aurvista expects to fund the $1.5 million payment with the proceeds of a proposed private placement."
1) I suppose once Aurvista completes its proposed financing . . . VIO shareholders can be more confident that a $1.5 mm check will soon be on the way.
2) Also, Aurvista must issue 21.25 mm shs to VIO. Maybe VIO will issue a press release upon recieving the check and the shares at which point Aurvista will own 100% interest in the Douay project and VIO will own almost 50% of Aurvista.
3) Maybe they will be releasing drill results from the porphyry zone. Then the drill goes back to the Douay West (underground mine) zone. I think there was talk of a 2nd drill and I can't remember the status of that.
I am guessing Aurvista will be targeting its IPO following the update resource estimate.