UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
VISTA GOLD CORP.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
927926 20 4
(CUSIP Number)
January 24, 2003
(Date of Event which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
CUSIP No. 927926 20 4 Page 2 of 6
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1 NAME OF REPORTING PERSON Global Resource Investments Ltd.
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 33-0584418
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_|
(b)|X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION California
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NUMBER OF 5 SOLE VOTING POWER 0
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER 275,820
EACH
REPORTING ----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER 0
WITH
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER 275,820
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 275,820
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
___
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.5%
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12 TYPE OF REPORTING PERSON PN
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CUSIP No. 927926 20 4 Page 3 of 6
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1 NAME OF REPORTING PERSON Rule Investments, Inc.
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 33-0584421
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_|
(b)|X|
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION California
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER 0
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER 345,820
EACH
REPORTING ----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER 0
WITH
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER 345,820
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 345,820
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
___
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.1%
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12 TYPE OF REPORTING PERSON CO
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CUSIP No. 927926 20 4 Page 4 of 6
Item 1(a). Name of Issuer:
Vista Gold Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
7961 Shaffer Parkway, Suite 5
Littleton, Colorado 80127
Item 2
(a). - (c).
Name, Principal Business Address and Citizenship of Persons Filing:
(1) Global Resource Investments Ltd. ("Global Resource")
7770 El Camino Real
Carlsbad, California 92009
Citizenship: California
(2) Rule Investments, Inc. ("Rule Investments")
7770 El Camino Real
Carlsbad, California 92009
Citizenship: California
Item 2(d). Title of Class of Securities:
Common Shares
Item 2(e). CUSIP Number:
927926 20 4
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
(a)/ / Broker or dealer registered under Section 15 of the
Exchange Act.
(b)/ / Bank as defined in Section 3(a)(6) of the Exchange Act.
(c)/ / Insurance company as defined in Section 3(a)(19) of the
Exchange Act.
(d)/ / Investment company registered under Section 8 of the
Investment Company Act.
(e)/ / An investment adviser in accordance with Rule 13d-1(b)(1)(ii)
(E).
(f)/ / An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F).
(g)/ / A parent holding company or control person in accordance
with Rule 13d-1(b)(ii)(G).
(h)/ / A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act.
(i)/ / A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act.
(j)/ / Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Not Applicable
CUSIP No. 927926 20 4 Page 5 of 6
Item 4. Ownership.
The information in items 1 and 5 through 11 on the cover pages (pp.
2-3) on Schedule 13G is hereby incorporated by reference.
Percentage ownership based on 10,925,880 Common Shares outstanding
at January 24, 2003.
Global Resource is the direct beneficial owner of 275,820 Shares
(all of which are immediately exercisable share purchase warrants).
Rule Investments, the General Partner of Global Resource, is the
direct beneficial owner of 70,000 Common Shares and, based on its
status as General Partner of Global Resource, is also the indirect
beneficial owner of the 275,820 Shares owned directly by Global
Resource.
Global Resource is a broker-dealer. Rule Investments was organized
to serve as the corporate General Partner of Global Resource. It
conducts no independent business activities.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following [X]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent Holding
Company or Control Person.
Not Applicable
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
By signing below, each of the undersigned certifies that, to the
best of its knowledge and belief, the securities referred to above were
not acquired and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the securities and
were not acquired and are not held in connection with or as a participant
in any transaction having that purpose or effect.
CUSIP No. 927926 20 4 Page 6 of 6
SIGNATURES
After reasonable inquiry and to the best of its knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: February 3, 2003 Global Resource Investments Ltd.
By: Rule Investments, Inc., its general
partner
By: /s/ Keith Presnell
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Keith Presnell, Chief Financial Officer
Date: February 3, 2003 Rule Investments, Inc.
By: /s/ Keith Presnell
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Keith Presnell, Chief Financial Officer