Sorry but Vista Gold (VGZ) is a SCREAMING BUY!

In the present article, I highlight a company whose stock was just decimated in 2013, Vista Gold’s (NYSEMKT:VGZ). However, the stock has now doubled off of its lows and is heading much higher, as the value of its properties is worth more than the market cap of the stock. Further, it is taking necessary steps to raise cash and is a very likely takeover target. In this article, I will highlight reasons why I am adding to a position and expect the stock to triple (yes increase 3X in value, if not more) as gold returns to favor in light of 2014 being rocky for markets. Vista’s main holding, the Mount Todd Mining Site in Australia, is a premiere site that sits on massive reserves. I believe that this junior gold miner may be one of the best opportunities among all of the junior gold miners. The company has massive proven and probable reserves, is getting its debt under control, and has a large potential according the most bullish analyst. On top of it all, the company is ripe for a takeover. Being a junior miner, Vista Gold is a leveraged trade on the price of gold. When gold returns to investor favor, the stock of Vista Gold and other similar companies should outperform. Despite moving with its sector, I think Vista Gold offers multiple reasons to own its stock, but Mount Todd is reason enough to...READ MORE