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Vista Gold Corp. Message Board

  • bottman20012001 bottman20012001 Oct 20, 2013 9:53 AM Flag

    Buy .42 low on VGZ

    VGZ has broken all support levels, there is no bottom.
    Buy/try 42 cents and look out below when it breaks 42 cents. See ten year chart.

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    • I still think MIDAS shares plus cash = current share price = sufficient support at current share price, but it's obviously been a #$%$ stock for the past month. Shorts, naked shorts, mediocre gold prices, the Van ECK dump, and the removal from GDXJ, etc, are putting enough pressure on VISTA that more sales of assets may be forthcoming. Since those assets are not priced into the stock anymore, this is not a bad situation for "longs" (who entered at or leveraged down into these sub-50 prices) either.
      And I don't see why the stock wouldn't jump when Mt Todd gets permitted. That's still expected to happen before end of year. And Guyana Goldfields just purchased 6.3 million of mining equipment. it would be nice to know if that was VISTA's.

0.9389-0.0053(-0.56%)Oct 24 4:00 PMEDT