Minera Share Discussion Threads

[sergiosifuentes] 13/8/2016 21:35

It looks like Ollachea is in the Ministry of Mining radar now. Vice Minister Shinno is cited in this article:

[maxoscar1] 13/8/2016 20:48

Hi Dave no I have no contacts in Peru......like I said before there was a poster on the lse forum called ilbewaiting2 I was rude to him and so negative about minera irl when all this started but everything he told us came true he even mentioned Jones and fryer would eventually go which they have now......how things work in Peru are totally different from Canada and the U.K. they fight all the way GLA

[investment dave] 13/8/2016 19:42

Max do you have any contacts over in Peru?

[maxoscar1] 13/8/2016 19:09

Andy Dave........hope u are both well my money has been tied up for nearly a year now I have a large holding I'm hoping all will be ok as I've been a shareholder for a few years now......I understand pottermagicS opinion he may even be right I hope not as I feel the new BOD want this to work for the man who sadly passed away Courney chamberlain GLA

[andy] 13/8/2016 18:19

max,

Well he's expressing his opinion as are we all, that's fair enough if it's done in the right way.

As far as I'm concerned this is one of the few good threads on ADVFN, no personal attacks, we all have a right to express our opinions.

We all want Minera to do well at the end of the day.

[investment dave] 13/8/2016 18:15

Max do you have contact with anyone from the team? You seem to know abit.

[maxoscar1] 13/8/2016 17:21

Once again another negative post from pottermagic.......is proven that there is 1.2 million ounces of gold there at the moment they signed a 30 year drilling rights and the mine has a life of 9 years producing around 100-120 thousand ounces of gold a year the reason they are drilling is to extend the mine life and quality of gold....Diego is now back in charge of minera irl SA he and frank okelly know the potential of this project GLA

[investment dave] 13/8/2016 13:34

Potter it's been identitified the mine is feasible at a very low gold price (not the case now)In addition Corihuarmi Gold Mine is performing better than expected the company has regained control and are looking Trekker

[pottermagic2310] 13/8/2016 12:58

Anybody think that relisting on TSX (and maybe AIM afterwards) might only occur if the 90-day drilling exercise demonstrates the Ollachea Project is viable, securing the release of COFIDE Funds ?
I have a feeling if the drilling doesn't go well, the Project is then not viable and no further funding would be released. That then raises the prospect of MIRL no longer being a medium to long term Business. That could mean there is no point in relisting in any Market - what's the point if the Business Plan has failed ?

So, it seems to me that my Investment hangs entirely on a successful drilling exercise over the next 90 days, well into November... and that really will be CRUNCH time

[investment dave] 13/8/2016 12:57

Back in control!

[kirk 6] 12/8/2016 20:36

20p now we are talking

[maxoscar1] 12/8/2016 20:35

Dave......no worries mate......Bitcoin I would think the AGM would be first then the relisting on the TSX after hopefully good news on drilling results and finance from COFIDE......the best bit about this is as IKN said Diego benavides norlande is the president and CEO of minera irl SA.......brilliant

[investment dave] 12/8/2016 20:30

So 46m mkp at 20p is peanuts for the potential. However I'm not getting exciting till I have built a stake here although family hold a fair amount.

[investment dave] 12/8/2016 20:28

Max don't know what I was thinking yes you are right. For some reason I was thinking of a different share and no. Of shares in issue.

[bit coin] 12/8/2016 20:28

Hi Max, great to have those numbers restated- would you care to forecast on a date that you expect to see them trading again?Tia

[maxoscar1] 12/8/2016 20:03

Guys.......minera irl have 231.140 million shares in issue if they re open at 20 cents that's around 10p the market cap will only be £23 million.........should be a lot higher GLA

[greenrookie] 12/8/2016 19:44

No, I am just picking numbers out of the air with no basis.However, you do raise a thought in my mind when you rightly point out TSX: Given the way the strength of the pound is going, it might only need to get to 20 cents

[investment dave] 12/8/2016 19:27

Green you really think that? Don't forget minera might not be listed on AIM again so would have to be 20p equivalent on the tsx. I think for a 20p open the full funding would be required however with respect to the mkp it would only be 300m mkp

[kirk 6] 12/8/2016 18:41

A lot higher than the suspension price ((((((-;

[investment dave] 12/8/2016 18:09

So you are saying the longer suspended the better? Maybe right for people who hold stock. Will be very interesting to see what price it willOpen at

[hazl] 12/8/2016 18:03

Thanks for the informative posts.
You could argue that the asset is growing for us in the background and so we don't have the dilemma as to keeping or selling.Might well be more lucrative in the long run.


IMO

[investment dave] 12/8/2016 17:23

Excellent news again but when will this start trading and and what price

[pottermagic2310] 12/8/2016 10:37

Woo-Hoo - HAPPY DAYS... There's Gold in them there Hills !!!
;-)