How did Vista Gold's expenses impact profits in Q4 2024?

Vista Gold's expenses had a significant impact on profits in Q4 2024, with the company reporting a net loss of $1.67 million for the quarter.

1. **Comparison with Previous Quarters**: When compared to the previous quarter, Vista Gold's net loss in Q4 2024 was slightly higher than the $1.64 million net loss reported in Q3 2024. This indicates a continued trend of financial losses for the company.
2. **Cash Position and Corporate Strategy**: Despite the negative earnings, the company maintained a strong cash position, with $19.0 million in cash at the end of Q3 2024. This cash reserve is crucial for the company's ability to fund its operations and pursue growth opportunities, such as the Mt Todd gold project.
3. **Drilling Program and Feasibility Study**: The company's ongoing drilling program at Mt Todd has been successful in confirming mineral deposits and identifying high-grade zones. Additionally, the commencement of a feasibility study for Mt Todd is expected to enhance the project's reserve grade and reduce initial capital costs, which could positively impact future profitability.

In conclusion, Vista Gold's expenses in Q4 2024 contributed to a net loss, but the company's strong cash position and strategic initiatives, such as the Mt Todd feasibility study, suggest a forward-looking approach to improve profitability.