|Just the money have you been keeping up to date with the current situation ?|
|Who are the Crooks now on-board ? I thought the previous, short-term, interim (UK) BoD were supposed to have been the Baddies, up to no good ?|
|doubt current ORD shareholders will see any return ever.
more likely to be total debt-for-equity swap. the only option for current ORD equity is that company either borrows as a bank loan or bonds secured against assets, so that equity is not diluted. given crooks on the board who deliberately delisted shares from AIM, cannot see anything good happening here. company will prosper, but the current ORD shareholders should kiss good-bye to their money. anyhow there is nothing we can do, but wait and see. hope I'm wrong. IMO, DYOR.|
|ikn - Jamie Pinto goes to a geology class. It looks like Diego is giving lectures on the Ollachea project|
|90-day exploration should be complete in about 2 weeks.
Hopefully there will be revealing News about the quantity & quality of Reserves identified.
Hopefully that will convince major Investors to release Funds to get the Project moving towards full development & production.
Such good News would in theory provide a perfect opportunity to relist in the preferred Markets.
I'm personally hoping the complete lack of news to-date could mean all of the above is on the verge of surfacing and then "we're back" !!
|Till the 90 days Is up so hopefully relist somewhere|
Which news is that?|
|2 weeks and counting until the next BIG News.... tick, tock....
Well I'm pleased you say the CSE has become more popular, because before it was like the ISDX, a lobsterpot, easy to get in, impossible to get out.
I'm still puzzled why they cannot go straight back to the Venture though, what's different from before?
Sadly my broker acounts cannot trade the CSE, so I can't take advantage of any lack of liquidity.|
|Andy, re IB, so am I, they have some kind of price feed I think and maybe some close position facility, they once said they would support it sometime, but nothing ever happened, beyond me.
And ditto, re IRL, why choose CSE, but it has certainly become more popular of late.|
I'm surprised about Intereactive to be honest.
I cannot understand why they are opting for the CSE when they were previously trading on the TSX.V.
What is preventing them to return to the Venture Exchange is my concern, because previously they were there and complied with the regulations, so why can't they comply now?
I know the CSE is cheaper, and easier to list on, but it doesn't make sense to me, there has to be a reason.|
|... also, I use Interactive brokers who don't trade CSE either.|
|My brokers idealing.com trade on many exchanges worldwide but unfortunately not on the CSE|
|potter - agreed on that but its clear to see management are working towards this. It would be good to see an update regarding listing on the website!|
|No. I do get what the re-listing on CSE is about... a stepping stone towards the TSX. I simply think the Senior Management Team/BoD could communicate more about timescales and their full intentions regarding re-listing(s), for the Benefit of all existing Shareholders.|
Did you ask your broker re, trading CSE stocks?
If they go ahead and list there the share price may not rise too much due to the fact that it's largely illiquid, we shall see.|
|I too would be looking to buy more if the current Plan goes well, the exploration produces good (or better) results and that leads to securing additional financing via COFIDE... but that's not going to be possible.
Alternatively, that might not be the outcome at all but selling seems like a hardship too.
This is my concern... we're locked-in either way you look at it.|
You may not be able to sell but the price may possibly rise on re-listing, which would benefit you!
Which broker are you with for Canadian stocks?
If your shares are registered in London (AIM) it may be worth contacting your broker to see if they could be registered in Canada, so you could at least trade them there if you feel you want to sell.
I think you need to check the position with your broker first, particularly in relation to the CSE.
Funnily enough I'm annoyed because I won't be able to buy on the CSE!|
|From my perspective, the bottom line is I have worthless Paper and the appointed Leaders in the Business in which I own Shares are pursuing a Plan that only dis-benefits me. They have made no clear Statement that can/will benefit me. They could have such a Plan, they could declare they intend to carry out such a Plan but they are definitely not doing so but have declared a Plan that definitely will dis-benefit me.
NOT HAPPY !!
No, what they actually said was they are going to list on the CSE first, then list on the TSX.V. later. Whether they carry that out of course is another matter! but the CSE listing releases the BVP listing to trade again apparently.
Listing on the CSE is fairly easy, I guess it's much more lightly regulated, and I know a company that achieved it from application in just 11 days!
Anyone with their stock in a TD account will be able to sell, but not buy, as I can with my CSE listed stock.
As you state, it will be interesting to see what the liquidity is, other CSE stocks I monitor have virtually no liquidity, pretty much like ISDX listed stocks in London.
As people here should be able to sell,(if there is any liquidity) but possibly no be able to buy, I see it as a negative because we will be denied the opportunity to buy whilst the share price is low, and if it takes off before an AIM or TSX.V listing, those wishing to buy will either have to buy at a much higher price, or give it a miss completely.
I personally never chase a price, that always seems to end badly for me, so I'll probably not be investing here now, there are always other fish in the sea.
I wouldn't call it a "scam" at this stage, that is extremely harsh, IMO, but it's certainly not good news for London based Pi's either.|
|I've formed the view that listing on the CSE and not back on the Toronto and London Exchanges is actually a scam. Large numbers of Shareholders invested in this Company through those Exchanges. We effectively get locked-in with "nowhere to go", will get diluted to an almost worthless value or end up being offered a paltry amount in a dubious buy-back. The writing is on the wall already as far as I'm concerned and this is now going to end badly for all PIs... me included.|
There was, they are going to relist elsewhere first, then look at AIM again.
The mention of listing on the CSE was the only negative for me, most people in London will not be able to buy on that exchange unless TD have changed their policies, so that will prevent some from buying when Minera relist.
Also, as it is generally illiquid over there, so even small buying could lift the price disproportionately and limit the gains to people that can actually trade on the CSE, and exiting holders of course.|
|great news Andy thanks for sharing. However was hoping there maybe some mention about AIM|
No mention at all, he was asked to speed up at the end as time was limited.
You could email him and ask, in theory he can tell you because they're not listed anywhere.|
|Did they give any indication as to how the 90-day exploration drilling is going against pre-drill Forecasts, now that we're about 2/3rds of the way through that exercise ?
One would hope they've been capturing essential Data as they've proceeded and produced Test/Analysis results progressively, giving them an idea already as to the type/quantity/quality of Resources discovered, all of which is intended to contribute to securing on-going COFIDE funding, assuming all is well.
I ask because, 'silence' on this matter 60 days into the planned 90 day exercise could mean 1 of 2 significant things:
1) they're not finding what we all hope they will, which could threaten the Ollachea Project massively
2) they're finding everything expected (and maybe more), which will help secure continuing funding and give our Company a huge boost at a critical time in the Ollochea Project's lifecycle
Any hints at all regarding analysis/findings ?|