DALLAS, Oct. 12, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring gold mining company Vista Gold Corp. (AMEX:VGZ - News). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Vista Gold Corp. (AMEX:VGZ - News) should be of particular interest to other mining companies: Agnico-Eagle Mines Ltd. (NYSE:AEM - News), Grupo Mexico SA (Pink Sheets:GMBXF - News) and Silver Standard Resources (Nasdaq:SSRI - News).
It is available at: http://www.beaconequity.com/i/VGZ
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Vista Gold Corp. (VGZ) engages in the gold mining business, with properties in its portfolio including Paredones Amarillos in Mexico, Mt. Todd in Australia, Yellow Pine in Idaho, Guadalupe de los Reyes in Mexico, Long Valley in California, and Awak Mas in Indonesia.
In the report, the analyst notes:
"On October 6, Robert Fisk of The Independent broke the news of a clandestine meeting between the Gulf Co-operation Council (Saudi Arabia, United Arab Emirates (UAE), Kuwait and Qatar), China, Russia, Japan and France to discuss replacing the U.S. dollar as the medium of exchange for crude exports. The plan was confirmed by The Independent by sources in both Gulf Arab and the Chinese central bank. Gold surged to new highs following the news.
"On September 25, 2009, VGZ announced it received roughly $20.3 million from the sale of 1.32 million shares of common stock at $2.25 in its recent offering. The Company said it plans to use the proceeds to fund drilling, exploration and related activities."
To read the entire report visit: http://www.beaconequity.com/i/VGZ
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Beacon Equity Research
Jeff Bishop
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press@beaconequity.com
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