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Please expand... what is DLC?
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VGZ~got a start-up_DLC*_ to check-out-timber+Papau New Guinea gold next year
SPOT MARKET
Nov 09, 2016 21:18 NY Time
Bid/Ask 1285.80 / 1286.80
http://www.kitco.com/
Alright Wolf, I'm in. It's time for gold season
Yes, that chart is lookin nice. It's about time to make an entrance
Look at the chart. VZG has been in an uptrend for close to a month now. Gold-buying season appears to have officially begun!!
VGZ is an absolute joke of a stock. Have held this POS for 8 years while they have stumbled and floundered. I have told the current CEO my feelings on the failure of his tenure. His last news release is to state that the long awaited for permit, that he has been saying is due all year, is now not expected until the first part of next year. So basically out all the way until the end of June! Pathetic. He said they will release an updated economic report later in November. Do not expect the share price to move up much on this news. Without the permit, there is no hope. The market just does not think they are getting it, as they failed to get the Paradones Amarillos permit in 2009.
I feel we have been scammed.
Pre market up. Gonna try and grab a few this morning
Seeing the whole sector moving this morning. There's not more buying yet as the futures market appears to be coming back, but that's, IMO, a 'head fake'...folks are forgetting what the markets did over the past couple weeks and why.
Hold on tight. Gold will be the new 'MJ"...lol
Been here breaking out Premarket :)
Time to move all resources into cash and gold.
$VGZ
Well folks, with this election, Gold on the back side of the world jumped about $50.00 an ounce in a matter of hours! It should be a very interesting day for Vista tomorrow.
Good Luck All
VGZ: Thanks ED2000, that's good to know. Good Luck to All.
Update on Mt. Todd project coming later part of Nov. was just announced in the conference call.
No real update on the Guadalupe, other then they had one company looking.
Anything below .80 cents will be a great deal a month from now.
Now that the quarter results are out of the way, and VGZ have plenty of cash on hand. I would be very interested in hearing more about the Mt. Todd project. I picked up a little today. GLTAL
There's Gold in them there hills!!
VGZ closed at around .99 or a buck, on the previous Friday, if I'm remembering correctly. Then it closed the following week around 1.06 or something. I could be wrong.
Not too surprised. Gold is inching up on the back side of the world. We'll see tomorrow and this week what happens with Vista.
95M after the new public offering...
VGZ: Looks like the Fed Minutes are to be released today (Aug.17)at 2PM, which will have a direct impact on Gold.
40K shares - CEO is a disaster area. Have held the stock for nearly 8 years. I bought in at 1.75 then when gold was about 700! I am seriously annoyed with their attitude toward getting the project moving...
How many down days can this pig have left??
In @1.18. Short term target 1.60 in August... GLTYA.
Regardless, the CC should be interesting!
No I do not. This recent offering is bewildering. Why do it at all? Just last year CEO said they were not going to dilute the company, he said they were fully funded into 2018, and now they raise this money - for what exactly? The environmental permit should have been awarded last year, but ridiculously, the environmental department requested additional information which has delayed the project by another full year, as CEO now says the additional info will be submitted before end 3Q, so earliest permit can be awarded is 4Q.
Some conversations on another board raise an intriguing question regarding the open interest on option calls for August 19. It is indeed intriguing that anyone would place a 'bet' that the stock price will be over $5 by then, next Friday. This stock has not been over $5 since the ANV spin off of 2007!! Hard to see why anyone following this company, or is in a position to trade would think its going to $5, unless they know something we do not...
The mgmt call on Wednesday will give insight.
Personally I am completely hacked with VGZ mgmt. They completely messed up the last bull market in gold, by trying to get the Paradones Amarillos project off the ground, but they could not get the permit. They wasted time and millions of dollars on that. And now here we are in a confirmed bull market and the share price for the amount of gold they have in the ground at Mt Todd is pathetic. Hopefully someone has offered them $100/oz and they sell up. I am seriously pissed off with the delays and excuses.
Lets see what they have to say for themselves on Wednesday. Current crap from CEO is they are waiting for market conditions to improve before making a development decision, well the market conditions are that we are in a bull market. There is a minimum of 6 months for the feasibility study to be completed, then 12-18 months building the mine, thats 2 years! Who knows where we will on gold price by that time?
They need to make a decision and start returning some value in the share price for investors. I have held and bought this stock since 2009, and they have not done a single thing that has caused the share price to rise. Not one thing, its pathetic actually. They need to do something now!
Stock should now go up!!!
Previous announced public offering:
".. the Company sold an aggregate of 12,362,500 Units at a price of US1.40 per Unit for gross proceeds of US$17,307,500. The Units sold include 1,612,500 Units sold pursuant to the exercise, in full, of the over-allotment option that was granted to the Underwriters. Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). "
Plenty of cash, debt free, positive earnings just released and gold going up. This is a perfect opportunity to buy.
Anyone think the same?
AND VGZ also had 3 filings today.
8K
424B5
FWP
The 8k looks like they are issuing about 10million shares to a group of investors to further the Mt Todd project and also looks like the shares may be restricted. This should be a good thing.
Looks like all filings have to do with the new offering and prospectus. Lots of reading folks.
The VGZ 2nd Qtr Report came out yesterday. There was a minimal profit ($.02) a share but at least it was a profit. anyway details are below. Looks like a conference call coming up.
Vista Gold Corp. Announces Second Quarter 2016 Results
DENVER, Aug. 1, 2016 /PRNewswire/ -- Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT: VGZ) (TSX: VGZ) today announced its unaudited financial results for the second quarter ended June 30, 2016. Management's quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on August 10, 2016. The Company's unaudited financial statements, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed on August 1, 2016 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.
Summary of Second Quarter 2016 Financial Results
We reported net income of $1.6 million or $0.02 per share for the three months ended June 30, 2016. This includes an unrealized $3.3 million mark-to-market gain on our investment in Midas Gold Corp. ("Midas"); offset by $1.7 million of operating expenses and other expenses. During the three months ended June 30, 2015, we reported net income of $3.6 million or $0.04 per share. This included a $5.9 million payment received from the Australian Government under a research and development incentive program; an unrealized $0.3 million mark-to-market loss on our investment in Midas; and $2.0 million in operating expenses.
Our working capital at June 30, 2016 totaled approximately $16.0 million, including cash and short-term investments (comprised of government securities) of approximately $10.3 million. The Company has no debt.
To review the Company's Quarterly Report on Form 10-Q for the three and six months ended June 30, 2016, including the related Management's Discussion and Analysis, visit any of the following websites: www.sedar.com, www.sec.gov or www.vistagold.com.
Management Conference Call
A conference call with management to review our financial results for the three months ended June 30, 2016 and to discuss corporate and project activities is scheduled for Wednesday, August 10, 2016 at 2:30 p.m. MDT.
Toll-free in North America: 1-866-233-5249
International: 416-642-3300
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.
VGZ swing. Move numbers up from last post, but let's break 1.60 and sell as it moves toward $2
VGZ Swing Trade (gold stock)closed 1.36 7/26
50 1.25 200 .64 EMA 10 1.44
BB L 1.21 M 1.63 U 2.05
Avg volume 1.47 million
Support 1 1.26
Resistance 1.44
How I would play this: I could wait until it crossed 1.44 and buy into 1.63. Buy more at 1.63 and look for a run to 2.00.
If I bought at 1.36 my stop would be the 1.25 50 MA but I would only buy a 1,000 shares here. Buy more at 1.44(5) and more at 1.63. And i can always sell at anytime.
Pay attention to the price of gold.
http://stockcharts.com/c-sc/sc?s=VGZ&p=D&b=5&g=0&i=t31229750552&r=1469579426311">http://stockcharts.com/c-sc/sc?s=VGZ&p=D&b=5&g=0&i=t31229750552&r=1469579426311" />[/img]
VGZ 1.6 was wrong the para, but it is setting up again. Gold
Must break 1.73 tomorrow
The backside of the world has Gold at $1353.00. Should be interesting this week.
BUY BUY !!! BRIEXIT GONNA TAKE GOLD TO $1500+
I Scalped some of this baby already...lets see what it does again tomorrow.
I trade what I see.
GLTA
Was looking at this two weeks ago, went on vacation and totally missed this run. Really nice. Congrats to those who are in.
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