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Visible Gold Mines Inc V.VGD

Alternate Symbol(s):  VGMIF

Visible Gold Mines Inc. is a mining exploration company involved in the acquisition and exploration of mineral properties with prospects for hosting gold and lithium mineral deposits. Its projects include MegaLi Project, NataLi Project, CarLi Project, and Veronik Property. The MegaLi property (78 mining claims) is located in the region of James Bay, Quebec, covers about 3,996 hectares (ha) of mining land. The NataLi property (107 mining claims) is located in the region of James Bay, Quebec, covering about 5,667 ha of mining land package located 25 kilometers (km) west of Critical Elements' Rose lithium deposit. In CarLi Project, it owns about 125 mining claims covering an area of about 6,400 ha on the newly identified Wachiskw's intrusion. The Veronik property is located about 75 km southeast of Hecla’s Casa Berardi gold mine. The Veronik property is underlain by the mafic volcanic rocks and gabbros of the Clermont-Disson Formation, in the eastern part of the Archean Abitibi belt.


TSXV:VGD - Post by User

Bullboard Posts
Post by goodstoryon Jul 02, 2013 9:38pm
110 Views
Post# 21585624

Re. RE:Visible actions are just a stalling tactic says Zara

Re. RE:Visible actions are just a stalling tactic says ZaraBBX..............Yes it would certainly appear to be so...just a playground for Danny.  It's becoming increasingly clear why properties in the possession of Zara and other companies in Danny's briefcase will never......not ever be developed..........public shareholders would just prove to be a thorn in Danny's game plan.  Eventually, I believe, Danny will hold, (what we might define as a 'garage sale') of the properties in his possession....perhaps to stave off bankruptcy.
In the meantime.....it's rape...pillage and destroy.........Danny's creed to personal profit...without growth.
However, I believe as I've stated...........his house of cards is being built on shaky ground...soon to tumble.  It's going to beome increasingly difficult for him to raise the cash to meet his obligations, i.e. $500,000 plus interest to be paid out to Castle Resources this December 22. Where's the money to come from?  It's also, if not already, becoming somewhat of a burden to buy properties using shares as the trade as most informed people will not trust the share value.  I believe the snake has found a corner which will prove to be difficult to navigate out of.  Words out...the writing is on the wall.....Danny boy is finished......perhaps sooner not later. His ego will blind him to that fact. 
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