The is no reason not to file for arb right now. Managment has lost their mind or is purposesly heading us into bankrupcy.

I would bet money the bond is secured with the MOC. Meaning the noteholders could get the MOC for the bargin price of 100million.

Waiting only allows V time to figure out how to breaks this contract or run us out of money. A these gold prices and our current share price we would be a bargin if anybody wanted us.

I particularly like the line that said if the CVG does not fullfil its obligations to MIBAM, MIBAM could cancel its agreement with the CVG, and in turn cancel our contract.

Hip Hip, Horray, what a great new release.