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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Comment by makaveliagainon Jun 21, 2016 12:19am

97 Views

Post# 24982468

RE:why such a gap down?

To be honest there is no real fundamental reason for the recent Gap up either. My guess is that some newsletter must be promoting this stock. Look at the volume its crazy considering there are no press releases and gold is is flat between $1250-1300 USD. In my opinion this stock belongs at the .75 cent level it was at for the past few months. Its an optionality play on a Mt. Todd project that take significantly higher gold prices before it could even become a mine.

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