|Diagram of Mt. Todd ore body by Vista Gold Corp.|
Comment: Vista acquired the Mt. Todd property in February 2006 for approximately US$2 million. With gold holdings in Mexico, Indonesia, Australia and the United States, Denver, Colorado-based Vista Gold Corp. is a mid-tier player in the gold market. While production of gold increases, demand has been leveling off, especially in the jewelry sector, because of high prices. Decreasing demand will likely eventually drive the price down making the investment in mining less attractive.