you keep saying they are worthless bits of paper yet several people including myself have asked you if you want to sell, and you do nothing.
if you are genuinely agreived, my offer still stands, I need to know how many shares you have, how they are held , and what you want for them.
If I'm happy I will buy them from you, and take the risk myself
You may PM me if you want to keep it private, otherwise put on the board, I am genuine.
There has to be a way of transferring ownership even if you hold electronically.|
|Erm... what part of the following are you suggesting isn't FACT ?
The Company failed to meet basic Regulations of the Markets it was quoted in due to the subsidiary managed by DB failing to produce Accounts on time in 2015 and was forced to de-list from those Markets as a result.
El Presidente then undermined all BoD Members repeatedly until he got a couple of Mates in place who by no coincidence proceeded to invite/appoint him as their Leader - CEO
You're quite right to question why Minera IRL hasn't been relisted anywhere yet
There is no share price - it's non-existent.
We all hold worthless Paper, not valuable Shares - check the latest Accounts... they're worthless however you look at it.
WAKEY WAKEY !!!|
|that's not the current position though is it. Either way we will find out eventually, hopefully the end of the month!|
|I accept the current position, it's exactly as I've stated above, that's the point.... WAKEY, WAKEY !!!|
Potter I don't think that is entirely true. Infact its only true if you believe the recent board of directors are NOT corrupt. Evidence suggests and it looks blatantly obvious IKN or no IKN that was the case.
Either way I think its time to accept the current position which is VASTLY improved with a co founder as CEO and holds shares. I believe once these are relisted the market will completely revalue hence my interest here.|
If you're serious about wanting to sell you shares, please PM me.
I need to know;
Number of shares you hold
Certificate or electronic?
If electronic, which broker?
Upon receipt I'll make you a genine offer.|
|If the Company accountant reports that the Company is running at a Loss with sizeable Debts, as was the case when Reports were eventually filed (see SEDAR), then the Shares are worth nothing.
I live in the real World, where this Company failed to meet basic Regulations of the Markets it was quoted in due to the subsidiary managed by DB failing to produce Accounts on time in 2015 and was forced to de-list from those Markets as a result. The same World where El Presidente then undermined all BoD Members repeatedly until he got a couple of Mates in place who by no coincidence proceeded to invite/appoint him as their Leader - CEO !!! The same World where you're quite right to question why Minera IRL has been relisted anywhere yet ?? The same World where there is no share price - it's non-existent. The same World where you and I hold worthless Paper, not valuable Shares. WAKEY-WAKEY !!!|
|Potter. Do you live under a bridge?|
I believe you are correct you have shares in a a private company and the same rules apply.
They seem to want them to become tradeable again, maybe now the issues can be resolved?
I am not sure what the delay in listing on the CSE is, it can be done very quickly and has less regulation than the TSX.V.
One company listed from start to listing in 11 days, and as Minera have been listed before, I cannot understand the delay here.|
|Just to clarify a point on shareholdings formerly tradeable on AIM.
It's my understanding that we shareholders/ nominee holders still legally own the shares, ~but we cannot trade them. (at present).
In the event of a dividend payment or company sale we are legally due our proceeds in the normal way which would be paid to the registered address for our holdings. Our holdings remain on the Company's register.
Does anyone see a reason why this should not be the case?
Should be a simple enough question for the Company Secretary to answer. In my view we legally own the shares, but currently (like everyone at present) cannot trade. We cannot simply be dispossessed as pottermagic infers. I don't think emotive posts are very helpful to shareholders.
Not worried, but annoyed.|
Well finally Diego is in charge, and maybe that's been the agenda all along? Who knows?
I'm fine with Diego in charge, the recently departed directors seemed to have alternative agendas, we'll see in due course.
I do believe diego's genuine in wanting to move the company forward, I have met him and as far as you can know someone from a brief meeting, he seemed to be saying the right things from a shareholder's perspective.|
Lawrie on Gold knows Frank O'Kelly, so his connections are better than ours!
He's also well respected as a writer, he was formerly the editor of Mineweb.|
|In another Universe they might hit 59p, based on a very positive, rose-tinted, everything's fine & dandy, all the pieces of the puzzle miraculously appear and fall into place Outlook... doubt it very much though... happy to be proven wrong, doubt that's going to happen either. VIVA EL PRESIDENTE !!!!
|Are you joking now potter? Surely. Diego owns a fair amount of shares as well and will return shareholder value. I for sure will be an avid buyer of the shares as soon as they relist on any exchange.|
|Curious to know why O'Kelly has been quoted on 5th December when he's already departed and why he would apparently make reference to a "depressed" share price .. the share price is non-existent (FACT !!!!!), not depressed. That paragraph above is 100% BULL$H!T (FACT)
Who the F#C£ is Lawrie Williams ??!!!!! How is he suddenly an expert on Minera IRL, who are his Sources ?? He clearly isn't an expert as there are a number of key gross inaccuracies in that BLOG - FFS - another BLOGGER !!!!
The only thing any Shareholders who invested through AIM or TSX really need to know is that the Company is now under the full control of "El Presidente" following a long drawn out Coup.
You want real Company Info, this is where you might get it - no time wasted putting new Contact details in place !!:
FOR FURTHER INFORMATION PLEASE CONTACT:
Minera IRL Limited
Diego Benavides Norlander
Chief Executive Officer (aka El Presidente)
+51 1 418-1230
Minera IRL Limited
Carlos Ruiz de Castilla
Chief Financial Officer (aka (El Presidente's Accountant !!!)
+1 778 387-5434
Minera IRL S.A (aka El Presidente's personal Gold Mine)
Marco Arevalo Garland
+51 1 418-1230 - Oh !! - direct Line to El Presidente again !!!!
I don't ever expect to be able trade my Shares anywhere ever again nor at an share price that might get close to recovering my Investment - ROBBED
Good Luck to everybody else who might be a genuine Shareholder... but don't hold your breath. Ta-ra-a-bit|
|This is really boom time for shareholders 40-50p a share possibly if it ever re lists|
|Benavides new Minera IRL CEO
December 5, 2016 lawrieongold
In a move that many will consider should have happened some time ago, Diego Benavides – who has headed up the Minera IRL Peruvian operating company for some years – has been accepted onto the parent company board and will be the company’s new Chief Executive. Benavides will have been seen by the company’s Peruvian shareholders in particular as the saviour of the company in protecting the operating company’s gold mining revenues from the alleged predations of the Hodges Board, keeping the Ollachea community onside and being primarily responsible for negotiating the Ollachea financing deal with COFIDE.
In an announcement today, Benavides and three others, were welcomed to the Board by the company’s sole remaining director following the recent AGM. At the AGM three of the previous five directors did not offer themselves for re-election and a fourth, the Chairman and CEO, Frank O’Kelly was voted off the Board after a hard-hitting anti-Board campaign by Latin American focused blog, Inca Kola News who felt that some of the AGM proposals were designed to be for the benefit of Board members rather than the shareholders. While much of the anti-Board focus was aimed at the three Board members who stood down, O’Kelly was also voted off although his downfall was perhaps the perception that he did not exert sufficient control and guidance and that his choice of fellow directors was misguided. O’Kelly had been a long time consultant to Minera IRL dating back to the days of company founder – the late Courtney Chamberlain – and thus a long time associate of company co-founder Benavides. It was notable that in the announcement of the new Board, the remaining director from the old Board and Independent Chairman, Gerardo Perez, paid a tribute to O’Kelly thus: “I wish to extend my sincere thanks to Frank O´Kelly for his outstanding support in the management of our Company. It has been a pleasure to have worked closely with Frank.”
Now we hope that Minera IRL will be able to get on with the development of its flagship Ollachea mine where development is already well in progress. As O’Kelly himself pointed out prior to his being voted off the board of the company with which he had been involved for many years, Minera IRL has an operating gold mine in Peru in Corihuarmi, which is close to the end of its operating life. But its flagship project is the major advanced new gold mine development, Ollachea, located in Puno in the South of Peru. This project is fully funded by a Peruvian State Development Bank ($240 million facility of which $70 million has been advanced). The mine is fully permitted and has subscribed a 30 year social license with the local community. The mineral resource exceeds 2.40 million ounces Au and M+I reserves of 1 million ounces, which will sustain a production of 100,000 ounces of gold per annum for a decade. The company is presently drilling off an already constructed 1.2 km access tunnel with a target of adding an additional 600,000 ounces to the resource. The down dip extension which is currently being drilled reports intersections up to 20 m with grades from the only 3 holes for which so far have assays reporting 5 g/t Au, some 40% better grade than the main ore body which was delineated with 82,000 m of drilling. AMEC has filed a NI 43-101 compliant feasibility study.
In anticipation of production by the end of 2018 the company has negotiated a fixed price turnkey EPC contract with Peru’s largest mine construction company, Graña y Montero, and is currently assembling what it describes as a first class owner’s management team. MIRL is in the process of commencing detailed design and placing orders for long lead capital items of equipment.
The company reckons that there are only a handful of advanced gold projects in the world in the condition of Ollachea and there should be enthusiastic acceptance from investors.
This is a situation where prior controversy has depressed the share price to levels of an order of magnitude of what other less advanced gold project are commanding. There is a capacity for a very substantial increase in the share price reckoned O’Kelly.
He went on to note that companies like Dalradian command a market cap ten times that of MIRL, whilst possessing comparable resources but still have permitting and financing challenges ahead. Meanwhile MIRL has a producing gold mine, a fully funded project with all the permits in place, a 1.2 km access tunnel, an EPC fixed price contract with Peru’s largest mine construction company and a 30 year social license for the local community. One can count on one hand, he says, the number of gold projects as advanced as Ollachea.
|LOLs !!! Now we will see won't we... VIVA EL PRESIDENTE indeed !!!!!|
|Viva el Presidente!|
|Game, set & match ?|
|MINERA IRL LIMITED LMA SYMBOL: MIRL December 5, 2016 Minera IRL Announces Board Appointments and Management Changes LIMA, PERU--(Marketwired - Dec. 5, 2016) - Minera IRL Limited ("Minera IRL" or the "Company") (BVLAC:MIRL), the Latin American gold mining Company, is pleased to announce the appointment of Mr Diego Benavides as Director and Chief Executive Officer, Mr Michael Iannacone as Independent Director, Mr Gerardo Perez as Independent Chairman and Mr Carlos Ruiz de Castilla as Chief Financial Officer, effective December 5th, 2016. Mr Diego Benavides is a founding executive of Minera IRL and has been working full-time with the Company since its incorporation 15 years ago. He is a lawyer by training with a Masters degree in corporate leadership and business administration and with extensive experience in the Latin American mining industry and community relations. Prior to this appointment Mr Benavides held positions of Director and General Manager while incorporating several mining subsidiaries into Peru during the 1990's. Amongst these companies were Minera Newcrest Peru SA, Minera Mount Isa Peru SA and RGC Mining Exploration. Diego Benavides is one of the pioneers in Peruvian social conflict management, having applied innovative measures including share participation partnerships and other formulas to ensure that local communities benefit from mining activities in their areas. As a result Mr Benavides was appointed an Honorary Member of the Community of Ollachea in 2007, a unique privilege. Mr Michael Iannacone has been the Chief Financial Officer of Adventus Realty Services Inc, a significant and well capitalized Canadian Real Estate Investment Trust, since March 2013. Prior to that he was CFO of various companies listed on the Toronto Stock Exchange, TSX Ventures Exchange and the AIM London Stock Exchange. Mr Iannacone has extensive experience advising companies in the industrial and resource sectors. Michael Iannacone is a former Director of the largest marine bunkering company in the Vancouver Harbour and is also currently a Director of a TSX Venture Exchange listed company. He qualified as a Chartered Accountant in 1980 while working with Coopers & Lybrand (a predecessor firm to PwC) for more than six years. Mr Gerardo Perez, Independent Chairman, was appointed Director earlier this year, and has subsequently been elected by shareholders in the recent Annual General Meeting of the Company. Mr. Perez is a lawyer and a partner in the firm of Barrios Fuentes in Lima, Peru, his areas of expertise include Administrative Law, Regulation, Infrastructure and Concessions and a wealth of management experience. Mr Perez states, "I am delighted that Diego Benavides has agreed to join Minera IRL's Board of Directors and to assume the role of CEO. Diego brings with him a wealth of executive experience in Latin America supplemented by community relations and corporate skills which will contribute greatly to the execution of Minera IRL's flagship gold project at Ollachea. Also, on behalf of the Board we are delighted to welcome Michael Iannacone to Minera IRL and look forward to working with him. Michael will contribute important financial and capital market skills to Minera IRL which will be positive for the development of the Company. "I wish to extend my sincere thanks to Frank O'Kelly for his outstanding support in the management of our Company. It has been a pleasure to have worked closely with Frank. "Mr Carlos Ruiz de Castilla was appointed interim Chief Financial Officer for the Company in May of the current year. Previous to this appointment he held the position of Company Controller since July 2013. Carlos Ruiz has contributed outstanding work and we are pleased to appoint him as Company CFO." The current Board will continue the process of identifying candidates to fulfil remaining Director positions as required. Until such time, the Board is confident that the Company has sufficient management resources in place in order to continue with the day-to-day business of the Company, including best efforts to achieve immediate trading in Peru and to obtain the lifting of trading restrictions in Canada. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this news release. Cautionary Statement on Forward-Looking Information Certain information in this news release, including information about the Company's financial or operating performance, information about the legislative regime to which the Company is subject, and other statements expressing management's expectations or estimates of future events, performance and exploration and development programs or plans constitute "forward-looking statements". Forward-looking statements often, but not always, are identified by words such as "seek", "believe", "expect", "do not expect", "will", "will not", "intend", "estimate", "anticipate", "plan", "schedule" and similar expressions of a conditional or future oriented nature identify forward-looking statements. Forward-looking statements are, necessarily, based upon a number of estimates and assumptions. While considered by management to be reasonable in the context in which they are made, forward- looking statements are inherently subject to political, legal, regulatory, business and economic risks and competitive uncertainties and contingencies. The Company cautions readers that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Minera IRL's actual financial results, legislative environment, future performance and results of exploration and development programs and plans to be materially different than those expected or estimated future results, performance or achievements and that forward-looking statements are not guarantees of future performance, results or achievements. Forward-looking statements are made as of the date of this news release and Minera IRL assumes no obligation, except as may be required by law, to update or revise them to reflect new events or circumstances. Risks, uncertainties and contingencies and other factors that might cause actual performance to differ from forward- looking statements include, but are not limited to, any failure to obtain or complete project financing for the Ollachea Gold Project (including the Senior Debt Facility), changes in the price of precious metals and commodities, changes in the relative exchange rates of the US dollar against the Peruvian nuevo sol, interest rates, legislative, political, social or economic developments both within the countries in which the Company operates and in general, contests over title to property, the speculative nature of mineral exploration and development, operating or technical difficulties in connection with the Company's development or exploration programs, increasing costs as a result of inflation or scarcity of human resources and input materials or equipment. Known and unknown risks inherent in the mining business include potential uncertainties related to the title of mineral claims, the accuracy of mineral reserve and resource estimates, metallurgical recoveries, capital and operating costs and the future demand for minerals. For additional information, please consult the Company's most recently filed MD&A and Annual Information Form. FOR FURTHER INFORMATION PLEASE CONTACT: Minera IRL Limited Diego Benavides Norlander Chief Executive Officer +51 1 418-1230 OR Minera IRL Limited Carlos Ruiz de Castilla Chief Financial Officer +1 778 387-5434 OR Minera IRL S.A Marco Arevalo Garland General Counsel +51 1 418-1230 Minera IRL Limited|
|It's clear a couple of Posters directly above know exactly who "El Presidente" is.
That person has been very, very responsible over an 18 month period for ZERO shareholder value, IMO. All roads lead back to that person, time and time again.
Minera IRL (the quoted Business) has been hijacked & destroyed up to this point in time...|
|Diego is a large shareholder as well isn't he? Surely with him in the helm the business will generate enhanced share holder value|
|I see Río Tinto leaving all its interests in MIRL. That was the reason it became posible to get rid old directors named with Río Tinto votes. Next BOD must be a Diego Benavides desing, because he is the man we trust in Perú.|
|Quite plausible Pottermagic. Now perhaps you'll name this El Presidente. As he uses this title in public, you cannot possibly be abusing or libeling him. So stop playing games and tell us who you are referring to.|