{"id":4620,"date":"2025-10-23T02:44:49","date_gmt":"2025-10-23T06:44:49","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=4620"},"modified":"2025-10-23T03:10:32","modified_gmt":"2025-10-23T07:10:32","slug":"viva-gold-tsxv-vau-is-likely-takeover-target","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/viva-gold-tsxv-vau-is-likely-takeover-target\/","title":{"rendered":"Viva Gold (TSXV: VAU) Is Likely Takeover Target"},"content":{"rendered":"\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>Viva Gold (TSXV: VAU)&#8217;s CEO James Hesketh<\/strong> did all of the work to get <span style=\"color:#2980b9;\"><strong>permitting<\/strong><\/span> at the <strong>Reward <span style=\"color:#f1c40f;\">Gold Project<\/span><\/strong> which eventually resulted in our <strong>Augusta Gold<\/strong> being <strong><span style=\"color:#27ae60;\">acquired<\/span><\/strong> by <strong>AngloGold Ashanti<\/strong> at a <span style=\"color:#2980b9;\"><strong>huge premium<\/strong><\/span>. Out of all the companies we cover it is pretty obvious <strong>Viva<\/strong> will be the <span style=\"color:#27ae60;\"><strong>next to be acquired<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">On <strong>Viva&#8217;s Board<\/strong> is <strong>Christopher E. Herald<\/strong> who was CEO of <strong>Crown Resources Corporation<\/strong> a company <span style=\"color:#27ae60;\"><strong>acquired<\/strong><\/span> by <strong>Kinross Gold (KGC)<\/strong> in 2006 at a <span style=\"color:#2980b9;\"><strong>huge premium<\/strong><\/span>. <strong>Kinross <span style=\"color:#27ae60;\">paid<\/span> US$157 per oz<span style=\"color:#f1c40f;\"> <\/span><\/strong>of<strong><span style=\"color:#f1c40f;\"> gold resources<\/span><\/strong> for <strong>Crown Resources<\/strong> in 2006 despite <span style=\"color:#f1c40f;\"><strong>gold<\/strong><\/span> trading for only<span style=\"color:#f1c40f;\"><strong> <\/strong><\/span><strong>$625 per oz<\/strong>. So, the <strong>resource valuation<\/strong> was <strong>25.12%<\/strong> of the <span style=\"color:#f1c40f;\"><strong>gold price<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>Viva Gold<\/strong> has <strong>587,000 oz<\/strong><span style=\"color:#f1c40f;\"><strong> <\/strong><\/span>of<span style=\"color:#f1c40f;\"><strong> gold resources<\/strong><\/span> located <span style=\"color:#2980b9;\"><strong>south<\/strong><\/span> of <strong>KGC&#8217;s Round Mountain<\/strong>. <strong>Viva&#8217;s current market cap<\/strong> at <strong>$0.16 per share<\/strong>? <strong>US$16.63 million<\/strong> or <strong>US$28.33 per oz<\/strong> equal to <strong>0.68%<\/strong> of the <span style=\"color:#f1c40f;\"><strong>gold price<\/strong><\/span> of <strong>$4,130 per oz<\/strong>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">Also on <strong>Viva&#8217;s Board<\/strong> is <strong>Ted Mahoney<\/strong> who was previously the <strong>Chief Geologist<\/strong> of <strong>KGC&#8217;s Round Mountain<\/strong>. <a href=\"https:\/\/www.kinross.com\/English\/kinross-world-stories\/blog-details\/2018\/round-mountain-tests-first-idea-from-innovation-opportunity-fund\/default.aspx\"><strong>Click here<\/strong><\/a> to see for yourself!<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>Viva&#8217;s <span style=\"color:#27ae60;\">largest<\/span> shareholder with a 20% stake? Dundee!<\/strong><\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">Read the bio of <strong>Borealis Mining (TSXV: BOGO) Chairman Robert M. Buchan<\/strong>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>&#8220;In 1986, Mr. Buchan helped Ned Goodman <span style=\"color:#2980b9;\">start<\/span> Dundee Capital, where he served as Vice Chair until his departure 1993 to <span style=\"color:#2980b9;\">found<\/span> Kinross Gold.&#8221;<\/strong><\/span><\/span><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/08\/vivagoldnevada.jpg\" alt=\"\" class=\"wp-image-2541\" srcset=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/08\/vivagoldnevada.jpg 800w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/08\/vivagoldnevada-300x225.jpg 300w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2025\/08\/vivagoldnevada-768x576.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><em>Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA&rsquo;s President has purchased 100,000 shares of VAU and may buy more shares or sell his shares at any time. NIA previously received compensation from BOGO of US$100,000 cash for a twelve-month marketing contract which has expired. This message is meant for informational and educational purposes only.<\/em><\/span><\/span><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Viva Gold (TSXV: VAU)&#8217;s CEO James Hesketh did all of the work to get permitting at the Reward Gold Project which eventually resulted in our Augusta Gold being acquired by AngloGold Ashanti at a huge premium. Out of all the companies we cover it is pretty obvious Viva will be the next to be acquired. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4623,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[14,9,58,150],"class_list":["post-4620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-bogo","tag-gold","tag-kgc","tag-vau"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=4620"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4620\/revisions"}],"predecessor-version":[{"id":4621,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4620\/revisions\/4621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/4623"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=4620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=4620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=4620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}