RE: Vista Poor managementSince Vista has no production, you can hardly look for a profit stream. The strategy has been to pick up marginal gold deposits as they come on the market at attractive prices and then wait, like until now, for an improved gold price. Vista has about ten million ounces in reserves of various classes, all low grade. This gives about 0.3 ounces in the ground per share. (I agree not all will be recoverable but then there might be more to be found). Newmont bought out Miramar for about $150 per ounce in the ground which I regard as too generous but the figure indicates how the market is doing. Miramar's gold is all close to the Arctic coast and in permafrost where operating costs will be horrendous. I would prefer Vista's deposit in Baja California, even if it is in Mexico where political problems are always a possibility. In Australia, Mt.Todd ore requires a lot of grinding so energy consumption will be high. The location is also remote but there is already some infrastructure there. Who else has two open pit gold mines coming on stream each with million ounce potential. I would be surprised if Vista's holdings do not become focus of a take over at a price of around $10/share. .