Minera Share Discussion Threads

[kirk 6] 15/10/2014 17:09

Gold up to. 1245

[loverat] 15/10/2014 16:40

Alot of stocks take a dip like this before news which is positive. Might be the case again.

[brian boru] 15/10/2014 16:38

must be news about funding - hope it's not that bad bwtfdik

[kirk 6] 15/10/2014 16:07

As you say with only 5p more to fall there isnt much more treading to do

[vish65] 15/10/2014 16:05

I know its fairly illiquid but -18%. No smoke without fire ...IMHO . Tread carefully

[kirk 6] 15/10/2014 15:59

Amazing considering the price of gold has shot up today.

[vish65] 15/10/2014 15:55

Just 5.5p left until we get to zero !

[vish65] 15/10/2014 15:55

Just 5.5p left until we get to zero !

[kirk 6] 13/10/2014 22:11

Gold up again tonight

[brian boru] 13/10/2014 17:38

Gold Advances to Four-Week High on Haven Demand as Silver Rises

By Glenys Sim Oct 13, 2014 7:58 AM GMT+0100


Gold climbed to the highest level in almost four weeks as concern that global growth is slowing stoked bets the U.S. Federal Reserve may push back interest-rate increases, boosting demand for a store of wealth.

Gold for immediate delivery advanced as much as 1.2 percent to $1,237.86 an ounce, the highest price since Sept. 17, and traded at $1,234.01 at 2:50 p.m. in Singapore, according to Bloomberg generic pricing. Silver, platinum and palladium all increased at least 0.4 percent.

Bullion rose 2.7 percent last week for the biggest gain since the period to June 20 as the Bloomberg Dollar Spot Index snapped a seven-week rally and global equities measured by the MSCI All-Country World Index fell. Should overseas growth be weaker than expected, the effect on the U.S. economy may lead the Fed to remove accommodation more slowly than otherwise, Vice Chairman Stanley Fischer said on Oct. 11.

“Gold is going to be doubly influenced by both the equity markets and the dollar over the course of the week,” Edward Meir, an analyst at INTL FCStone Inc., wrote in a note. “Both will continue to drop over the short term, offering a measure of support to prices.”

The International Monetary Fund last week cut its forecast for global growth and said the euro area faces the risk of a recession. Traders see about a 33 percent chance the Fed will raise its benchmark rate at its July 2015 meeting, down from 59 percent on Sept. 18, according to data compiled by Bloomberg.

[kirk 6] 13/10/2014 08:41

Gold has been steadily rising lately so looking to get in here before a deal is agreed.

[deanroberthunt] 06/10/2014 08:23

well it's a total gamble on funding....red or black....funding and it could be worth a few, don't and it's another one for the bin

[deanroberthunt] 02/10/2014 18:30

they could struggle to get financing with gold projected to be heading for $1000.....this could be administration bound.

[boadicea] 30/9/2014 14:27

I hope the lawyers have their say BEFORE it's signed rather than afterwards!
The market will need to be informed immediately it's signed.

[haydock] 30/9/2014 12:41

Logical, if the deadline is the end of Oct & the lawyers have to have their say ?
The story will be a triumph in these mkt's if they can get the project up & running.

[boadicea] 30/9/2014 12:30

"We expect to be in a position to provide an update regarding the terms of the
Ollachea financing package near the middle of November ...."

[boadicea] 30/9/2014 08:37

... but we've just slipped into November.

[neudarian] 27/9/2014 13:38

hxxp://minesite.com/news/minera-irl-sets-the-end-of-october-as-its-deadline-for-financing-ollachea

[dogberry202000] 17/9/2014 09:36

Interesting, particularly for time-scales, financing prospects and the potential for many more ounces at the main prospect. This presentation was given a few days ago by Diego Benavides in Colorado. MIRL's chart suggests that strong move could be in the offing during the time scale suggested by the presentation on financing..

hxxp://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2014/09/11/minera-irl-limited/play/stream/12404

[aim_trader] 11/9/2014 14:28

Minera will present on 18th September at the Chesterfield in Mayfair. Registration starts at 5:45 and drinks and canapes will follow. Please register for the event here;