Vista Gold Corp. T.VGZ

Alternate Symbol(s): VGZ

Metals & Mining Gold

Vista Gold Corp. (NYSE American and TSX: VGZ) holds the Mt Todd gold project, a shovel-ready development-stage deposit located in Northern Territory, Australia. Mt Todd offers significant scale, development optionality, growth opportunities, advanced local infrastructure, community support, and demonstrated economic feasibility. All major operating and environmental permits necessary to initiate development of the Project are in place. A feasibility study was completed in 2022 and updated in 2024 demonstrating strong economics for development of a large-scale, 50,000 tonnes per day operation. Later this year, Vista Gold plans to start a feasibility study targeting 150,000 to 200,000 ounces of annual gold production with initial capital costs of less than $400 million. The Company is focused on positioning Mt Todd as a leading development opportunity.

TSX:VGZ - Post by User

Vista Gold Corp.

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Post by goldanchoron Aug 09, 2011 4:27pm

871 Views

Post# 18923478

It May be Vistas' Turn???

Vista recently ended up with 30M shares of Midas MAX.TO.. Stock is $3.15..    or VGZ's stock is worth $90M+..
Vistas market cap is $190M and have 10M oz gold in various stages in the ground..   or gold valued about $19 per oz.

Thus for each share they have about $1.50 in Midas shares and 1/6 oz gold   10m oz/60 M shares   Granted the gold in the ground is not the highest quality etc.

Vista spun off ANV Allied Nevada a few years ago as a $2. stock. It is now a $40 stock and producing gold..

Maybe it is Vistas turn??

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