Gold Spec play. $VGZ Vista Gold. One of the very few quality junior gold investments that has a realistic shot of near term buyout or new mega mine build at any price above $1200 GLD. Brownfield, permits in place, would be third largest gold mine in Australia, 750 AISC, 10million oz resource, 400-500k yr production, less than 1 billion build cost, and can be in production within three years. Current NPV upgrade soon to be expected news increases NPV to about 1 billion, & that is at $1300 gold. Very attractive buyout for mid tier or large cap to grow or add 400-500K a year. Recent interview VGZ looking to sell or partner. 100m O/S = 10 share for NPV. buyout spec 5-10share. If 50% partner & becomes a producer @ $1300 gold, price target range of 6-8 per share. @ $1450 gold 10-12 share, @ $1550 gold 13-14 share, $1800 gold 17-18 a share, $2100 gold 21-22 a share. & on and up...
With VGZ currently 1pps or 100million MC, vista is low hanging risk fruit for investors or a major looking to buy the best large scale, safe district, permits in hand, shovel ready, cheap AISC gold junior at the beginning of a gold bull market.
VGZ
With VGZ currently 1pps or 100million MC, vista is low hanging risk fruit for investors or a major looking to buy the best large scale, safe district, permits in hand, shovel ready, cheap AISC gold junior at the beginning of a gold bull market.
VGZ