Vista Gold Corporation | Australia's Next World-Class Gold Producer (CEO Fred Earnest Interview)

Vista Gold Corporation (VGZ: NYSE American & TSX) is an undervalued, advanced-stage gold developer that is positioned to be Australia’s next world-class producer. Vista’s principle asset is the Mt Todd project located in the Northern Territory in Australia. Mt Todd is a world-class deposit in a Tier-1 jurisdiction and is Australia’s largest undeveloped gold project. The 2018 Preliminary Feasibility Study (PFS) for Mt Todd demonstrated 5.85Moz Au reserves and 479K Au production in years 1-5 with a 13 year mine life. After-tax IRR is 20.5% at $1,300/ou Au and a US$.80/AUD exchange rate. NPV (5%) is US$679M. All-in-sustaining costs are only US$678/ounce which puts Mt Todd in the lowest quartile of production costs in Australia. In this interview, Vista Gold’s CEO Fred Earnest gives a comprehensive overview of Vista Gold and why it is a deeply undervalued investment opportunity for the mining investor. Fred points out that Vista’s liquidation value is “$94 million compared to our current market cap of $68 million.” Vista Gold is currently trading at about .1NAV while on average peers are trading at .5NAV. And Vista only trades at $7EV/M&I AU oz while the peer average is dramatically higher at $79/oz. The implied upside for Vista Gold is significant and Fred points out in the interview that the mining investment community does not yet fully recognize the impressive economics revealed in Mt Todd’s 2018 PFS coupled with the already de-risked nature of Mt Todd. www.VistaGold.com 0:05 Overview of Vista Gold Corporation 2:19 Vista’s management team’s history of value creation for shareholders 6:31 Share structure and ownership 7:34 Vista’s current financial balance sheet and burn rate 8:16 Current liquidation value of Vista Gold versus its market capitalization 9:20 History of Mt Todd project 13:16 2013 PFS results for Mt Todd 15:19 Why the 2018 PFS Mt Todd results are so impressive 20:10 Mt Todd’s immense size and scale as an open pit gold mine 21:19 2018 PFS results largely due to addition of proven sorting & grinding technology 29:16 Why Vista is currently a deep value investment opportunity today 31:06 Mt Todd’s path forward towards production 35:57 Concluding remarks The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. Mining Stock Education LLC has received compensation from Vista Gold Corp. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.