RE:Interim Financial Statements & MDA soon...Thanks Joey...............when you compare Visible's financial position with other jr companies it's easy to see that their position right now is ok........in fact it's better than quite a few.
It's also easy to understand why Zara wants control of Visible and the Company's assets.....hope they go away like a bad smell.
Gold seems to be standing its ground at $1,252+.............hope it has found the bottom.
As far as Zara is concerned, they'll most likely be looking for JV partners with their properties....deal should be presented like this.........Large sum of money upfront to Zara.......jv partner does all the work and pays all expenses............Zara also gets a royality clause in the contract.
Perhaps Zara and Company should focus on this possibility now in order to meet future obligations, and admit the negative outcome with their attempt to take over Visible.