Vista Gold Corp (VGZ)

[Richcc71]

There is something seriously wrong at Vista. They completely messed up the last bull market in gold 5 years ago, with trying to get a permit in Mexico, wasted years and millions of dollars of share holders money. Now here we are 5 years later, smack bang in the middle of another rip roaring gold bull market, with gold up over $300 this year already and still no permit for Mt Todd. The last time I spoke with the CEO he said they hope to be able to submit the latest documents/testing results by the end of 3Q. This could be another Paredones Amarillos, another failed attempt at obtaining a permit.

Something stinks, massive sell off in pre-market today, no news, but the market clearly thinks VGZ cannot get this permit. They have been trying for years but a bloody bird - Gouldain Finch - is stopping the progress!

This could be another bull market where VGZ fails to deliver. I'd say the company is probably on its last legs if it cannot secure the permit this yr. They have no other properties of any real value.