Aurvista Gold just released a resource of 4.4 million ounces – Here’s some exclusive insights
In my ongoing quest to find companies that I think are interesting and have a chance to build a sustainable resource I am please to announce that Aurvista Gold is now a sponsor to the website! Aurvista was introduced to me by the management team at Auryn Resources who are invested along with a number of other analysts I respect. Over the past couple weeks the Company has been very busy listing in the US on the OTCQB exchange and releasing an updated resource on its Douay Project. Aurvista Gold President and CEO Jean LaFleur joins me for an exclusive interview to detail the resource as well as update us on the 30,000 meter drill program underway.
Please email me with any other questions you have on Aurvista and I will be happy to address them when I chat with Jean again at PDAC.
Click here to visit the Aurvista website for more information on the Company.
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The management of Aurvista worries me on two counts:
The price action of the stock over the last few days seems to indicate insider knowledge and buying. (See my Thursday post, pointing out abnormal behavior and asking if anyone knew why. Further the management dilutes existing shareholders by handing out “incentive” options to the board.