Although lithium juniors are in somewhat of a correction phase after the last round of conferences ignited a real lithium hype, it is good to see Vior Inc. (TSXV:VIO)(FRA:VL51)(OTCQB:VIORF) joining the lithium narrative, as I firmly believe lithium supply will not be able to match demand in the foreseeable future, and shortages and resulting high prices will be the standard.
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.
Although the dust hasn’t settled in international capital markets, as inflation still runs rampant and the Federal Reserve is testing their rate policy, Vior Inc. (TSXV:VIO)(FRA:VL51)(OTCQB:VIORF), diligently goes on with their exploration program at their flagship Belleterre Gold project in Quebec.
Amidst rising inflation to levels not seen since the seventies, a Russia-Ukraïne conflict which now focuses on the Donbass and southern port cities, but seems contained for now, although it causes disruptions for commodity markets, and a Fed not sure what to do with interest rates, Vior Inc.
An old adage in mining says that to find a new mine, look in the shadow of the headframe of an old or existing mine. This is exactly what Vior Inc. (TSXV:VIO)(FRA:VL51) has been doing at the moment, as it has been exploring their flagship Belleterre Gold project in Quebec, which contains the historic high grade Belleterre gold mine (produced 759koz @ 10.73g/t Au from 1936 to 1959).
Vior (TSXV:VIO)(FRA:VL51) currently has an attractive project portfolio, a prospective flagship gold project, capital structure and high-quality core investor base for its market capitalization. The stock has consolidated on improving trading volume since February 2021 and is at an attractive entry point for new investors.