Anyone watching VGZ after the Mt Todd sale news?

[Marcus Vance 52]

Just caught wind that Vista Gold finally agreed to a sale, but honestly, I'm scratching my head over whether the buyer actually has the firepower to fund Mt Todd. That project takes serious capex, and I'm wondering how the order flow is going to react to this headline once the market fully digests it. Are we looking at a clean breakout through current resistance, or is this just going to trigger a bunch of fakeouts and trap late longs before a flush? Trying to figure out if this changes the short-term trend on the daily charts or if it's just noise. Anyone else charting this right now?

 

[Mason Brooks]

Honestly, anyone jumping into VGZ right now without a strict stop loss is just asking to get burned. Seen this movie too many times with junior miners—news pops, retail chases, and then liquidity dries up. If you're long here, where are you actually putting your hard stop? I'm sitting on my hands until I see how it handles the volume tomorrow, position sizing is everything on speculative plays like this.

 

[ArthurByte]

I'm sitting on my hands until I see how it handles the volume tomorrow, position sizing is everything on speculative plays like this.

Suit yourself man, but sitting on your hands while institutions literally just printed a massive bullish displacement on the 1H is crazy to me. That news impulse swept all the sell-side liquidity below the previous range and left behind a crystal clean FVG. I already loaded up aggressive entries right off the 15m order block shift. Smart money isn't waiting around for retail to feel comfortable—we're flying.