The Prospectors & Developers Association of Canada (PDAC) was well attended this year, with 26,926 attendees coming to Toronto from all over the world, for the best business, investment and networking opportunities in the mineral exploration and mining industry. This was a significant improvement over last year, when 23,819 participants visited the largest mining conference on the planet.

Preview:

You don’t come across explorers like Vior (TSXV:VIO)(FRA:VL51) too often, with district scale prospective projects in its portfolio, strong backing (Osisko Mining, SOQUEM, Quebec funds) and high-quality core investor base for a small free float. The stock has been side-ranging since September, and is at an attractive entry point for new investors.

In an uncertain time where 3 substantial US regional banks collapsed and European system bank Credit Suisse was on the verge of a meltdown but got sold just in time to Swiss counterpart UBS for just $3B, all banks supported by substantial packages by other banks and the Swiss Central Bank, gold is doing well, and is hovering around the US$2,000/oz.

Although markets are turbulent again after the Federal Reserve raised another 50 base points as expected but didn’t appear to be as dovish as hoped for, Vior Inc. (TSXV:VIO)(FRA:VL51)(OTCQB:VIORF) has been looking for ways to generate other exploration success besides their flagship Belleterre project in Quebec, where the first two phases of exploration have been completed and will likely continue with a Phase III drill program in Q2, 2023.