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Vista Gold Corp. T.VGZ

Alternate Symbol(s):  VGZ

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

Post by MisterMarketon Dec 03, 2023 12:57pm
405 Views
Post# 35765904

A Good Bet on the Gold Price

A Good Bet on the Gold PriceGold has broken out over $2000/ou and Vista has bounced off its bottom with increased volume.

I have been a shareholder for 2 yrs, through rough times.  I have always thought Mt Todd will have takers when the price of gold goes north of $2000 an ounce.  Frederick Earnest, CEO has done a good job showing the project to prospective buyers.  I think there is more than 1 buyer interested.  There could be interesting times ahead. 

If gold keeps tracking north lof $2000 we may be finding out how much a company with 7 million ounces of it is worth---Don't sell your shares.


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