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 MisterMarketon Feb 14, 2022 3:11pm

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Post# 34427343

It's A Keeper !

The only problem is that Vista may attract a hostile takeover bid. At $1800 oz gold VGZ is trading well below 0.1 x NAV. Hopefully Australian travel restrictions will be lifted soon and Mt Todd will be open to all viewers.

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Investors eye Australian gold mining projects amid promising developments