Minera Share Discussion Threads

[kirk 6] 24/3/2015 12:12

Moving up either way

[hutch_pod] 20/3/2015 16:50

Guess news next week. And gold might even be back above 1300. -- Edit 1200.--

Got carried away oops!

[hutch_pod] 20/3/2015 11:07

Another quality article.

[haydock] 20/3/2015 10:39

TGR: Are producers outside the U.S. benefitting from lower operating costs due to shrinking oil prices and non-dollar currencies?

DG: They are without a doubt. To U.S.-based investors, the gold price looks to be languishing, but gold is hitting record levels in the euro, peso and Canadian dollars. For companies operating in non-U.S. dollar regions, their operating costs are much less relative to the dollar. In addition, lower oil and gas prices will eventually benefit the bottom line. Operating costs could be 5% to 10% less, not an insignificant amount. That is equivalent to the gold price rising $30–70/oz. And the benefit from lower oil and energy costs goes straight to the bottom line. In some cases, for some companies, the stronger dollar/weaker local currency impact can be even more significant.

In addition to currency and oil and gas prices savings, cost pressures from inputs such as chemicals, equipment and steel are abating. Labor costs are rather sticky, but some of the material costs are coming down. Miners are getting better terms across the board.

[bam bam rubble] 17/3/2015 13:19

Mar 16th 2015: Canaccord Genuity reiterated a speculative buy rating on AIM-listed
Minera (MIRL) in a research note this week, setting a target price of 4p per share
At that price it's essentially a sell rec.

[dogberry202000] 16/3/2015 15:15

APPLE to boost the gold price? Seems strange but true at 750 tons of gold a year, third only to India and China as the biggest gold purchasers on the planet! It would certainly put a floor under the gold price.

hxxp://www.theweek.co.uk/gold-price/61682/gold-price-apple-watch-will-boost-gold-price

[hutch_pod] 16/3/2015 11:49

Or maybe, they are pushing to the finish line for the best deal possible?

Obviously I have no actual clue.

[deanroberthunt] 16/3/2015 11:38

getting v. late in the day now, can only assume they're struggling to get a deal finalised, or the terms are restrictive.

[vish65] 13/3/2015 21:21

Poor Courtney - wish him well - nice bloke - - but Christ 80p to 3p and the clock ticking towards time out. Guess his ticker was taking a bit of a hammering.

[deanroberthunt] 06/3/2015 13:11

well, they run out of cash about now, and still no news on funding, not even an update.......Could these be the last few weeks for MIRL

[deanroberthunt] 06/3/2015 10:35

Gold heading south again.

[hutch_pod] 04/3/2015 14:08

Haydock - superb article. Hope lives on.

[deanroberthunt] 04/3/2015 12:42

looks like they're having toruble getting funding....

[hazl] 02/3/2015 10:31

DOGBERRY THANKS FOR THE STOCKHOUSE LINK

oops sorry for that

Latin America seems to be on the up,guess every bit helps!

imo

[thebounder] 27/2/2015 13:22

Hey all...
Struggling to understand the circumstances for anyone to put a trade through for £8 ? Would the dealing commission alone not negate that? I see things like this go through every once in a while and they always intrigue me...

Also curious how the offer price started at 4p this morning and slowly fell back - is that the the brokers test the market, starting high to see if anyone is buying and then gradually reduce if not until it finds a point where people are satisfied to trade at?

Am invested in MIRL by the way lest these seem like totally irrelevant questions :)

[deanroberthunt] 27/2/2015 12:26

........zzzzzzzzzzzzzzzzzzzzzzzzzzzzz...................

[dogberry202000] 26/2/2015 18:30

Agreed. Thanks for those really helpful charts, Bikwik! Seemingly sizable buys are going through TD Securities and Cannacord in Toronto. Someone is hoovering up those shares.

hxxp://www.stockhouse.com/companies/level2/t.irl/minera-irl-limited

[dogberry202000] 26/2/2015 18:30

Volume has risen steeply over the last hour in Toronto.

[bikwik] 26/2/2015 17:17

As it turned out we were up 8% by the close as opposed to 4% up earlier today.

So the price appears to be taking the least line of resistance, which apparently is now up, strange as that may seem, despite a 165k sell earlier in the session.

Well, I along with everyone else have no idea what Courtney Chamberlin is going to come up with. It does though seem that the price for whatever reason has started to rise. If it closes up again tomorrow then that will indicate to me, and possibly some others, that further upside will follow. Keep watching!

[bikwik] 26/2/2015 13:34

Well, I can understand your initial scepticism.

However, this is the first day in two weeks, in fact since the rally high, that there has been a rise. (Of course today is not over yet, so we'll have to see what the quote is by 4.30pm).

What may seem insignificant at the time, when viewed later on with hindsight becomes the obvious point at which a change began.

I'm not saying for definite that the turn is now occurring, only highlighting the fact that it could be.

Note also, that the start of the prior three week rise in January began from similar price activity.

IF WE CLOSE UP TODAY AND WE GET A FURTHER RISE - SAY .25P AS WELL TOMORROW, THEN THE NEXT UPLEG IS MOST PROBABLY UNDERWAY.

[vish65] 26/2/2015 13:11

Indeed the bigger question is how much of the project they will have to give away to finance it !

This could drop from here

[deanroberthunt] 26/2/2015 12:51

let's not get too excited by a 0.25p increase on the Offer!!

[bikwik] 26/2/2015 12:18

I noticed the price quote has gone up to 3.00-3.50 from 3.00-3.25. Thought the chart was now starting to look a little bit more interesting!


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