Minera Share Discussion Threads

[kirk 6] 26/11/2015 15:58

What's going on?

[kirk 6] 26/11/2015 11:27

What time is the meeting

[neudarian] 26/11/2015 08:43

hxxp://www.morningstar.co.uk/uk/news/AN_1448450854003156000/minera-irl-set-for-meeting-showdown-with-peruvian-subsidiary.aspx

[pr0t0n] 25/11/2015 20:23

Corporate chaos

[kirk 6] 25/11/2015 17:58

Andy too much evidence stacked against Board of directors on his occasion

[andy] 25/11/2015 17:17

kirk6,

Rigged voting is not unknown on such occasions.

I can think of a similar situation where the vote was very suspect, rigged according to the exiting CEO.

[kirk 6] 25/11/2015 11:02

thanks didn't catch up till later on. Incredible really how misleading the BOD are. If hodges win then investigation will need to be made into rigged votes!

[kirk 6] 24/11/2015 21:30

Andy no ???

[andy] 24/11/2015 20:58

kirk,

Seen today's news from Inca Kola?

[kirk 6] 24/11/2015 17:30

Interesting times ahead here

[andy] 23/11/2015 17:39

Kirk,


Good question, well it starts "Lima, 23 November 2015, Minera IRL SA reports"


So one would hope so, at least for Minera IRL SA, which is of course the Peruvian subsidiary, rather then the company listed on AIM and the TSX.V

If it isn't considered official I'll remove it.

[kirk 6] 23/11/2015 16:53

Andy thanks is that an official statement

[investment dave] 23/11/2015 15:00

game over for hodges then roll on the development of Ollachea with Diego in charge. One thing is for certain I will be buying here on open.

[kirk 6] 23/11/2015 07:19

Big need out

[andy] 23/11/2015 00:21

Who will play Hodges?

Rowan Atkinson?

[kirk 6] 22/11/2015 14:15

Blatantly obvious now and interesting set of events. As someone posted here will be a great film with Steven Spielberg

[andy] 22/11/2015 12:19

Kirk6,

LOL!

Yes in Canada they play really dirty, but thanks to the Inca Kola news and the WWW the messages are read across the world and people are aware of the tricks they are using.

I hope Team Benavides wins and figures out a way to stop the golden parachute payments to Hodges.

[kirk 6] 22/11/2015 12:06

Game over hodges:Minera IRL Ltd (Team Hodges) has published its News ReleasePosted: 21 Nov 2015 04:42 PM PSTIt's right here on this link:And they have no idea what they've just done. IKN strongly recommends that you read their news release, take in exactly what they've stated and in particular pay attention to the words of Jaime Pinto, non-executive chair of Minera IRL Ltd, repeated here:Jaime Pinto, Chairman, said "we are truly sorry that the subsidiary's management team and community relations team have acted in an unprofessional manner and have used the Community issue as a way to advance their personal agendas. We have an Extraordinary General Meeting of shareholders scheduled for November 26, 2015, and while this new information has come to light late, I hope shareholders will carefully consider this announcement, as well as all previous announcements by the Company, before they cast their final vote."That's because this fool has no idea what he's just done to himself. He's just committed professional suicide and doesn't even know it ye

[kirk 6] 21/11/2015 11:46

Jamie Pinto under criminal investigation as well:

hxxp://incakolanews.blogspot.co.uk/

Looks like its not long until Hodges and BOD end up behind bars.

[kirk 6] 21/11/2015 11:44

The Board of Minera IRL Limited Promotes Conflict in the Community of Ollachea




Lima 19 November 2015: Minera IRL wishes to report that the Board of Minera IRL Limited is promoting agitation and conflict in the Community of Ollachea, with the goal of destabilizing peace in order to have a group of community members sign a declaration in their favor, one week before the EGM of Company shareholders on the 26 November.

Mr Jaime Pinto, non Executive Director leading the Board of Minera IRL Limited, is under criminal investigation for charges of corruption and generating losses of US$50 million for the Peruvian State.

The investigation is in process against Mr Pinto before the 2nd Provincial Criminal Prosecutor's Office which specializes in corruption charges for public employees. This investigation relates to the loss of large sums for the purchase of external debt during Mr Pinto's time of employment with the Peruvian Ministry of Economy and Finance.

Also, during his time as CEO of Mantaro Peru SAC, Mr Pinto utilised divisive practices in neighbouring communities to the Phosphate Exploration Project in Junin, the Project remains paralyzed indefinitely.

The Board of Minera IRL Limited is currently promoting division in the Community of Ollachea, failing to use the proper channels of the elected Board of the Community, or to respect the Community's statements. These actions have been reported to the National Office of Dialogue and Sustainability of Counsel to the President and the Office of Social Development in the Ministry of Mining and Energy.

Through meetings with a small group of community members in Lima, distribution of leaflets, the convenient editing of private meetings with the Community and looking for signatures in the streets of Ollachea, the Board is promoting the removal of the actual President of the Community, generating insurgency and disrespect for the decisions of the Community Assembly.

The small group of community members who met in Lima with Mr Jaime Pinto,(as reported in their press release of November 13), were instructed by Mr Pinto to distribute his letter, which accuses the Community of being manipulated, and questions their decision

This leaflet and press release from the Board of Minera IRL Limited, generated a response fom the Board of the Ollachea Community, who are qualified to respond, according to the Law of Rural Communities of Peru. Their statement asked for respect and that Mr Pinto abstain from continuing with those same actions.

Despite this, the Board of Minera IRL Limited persisted in its actions and published in its website conveniently edited videos of a meeting with the Community held on November 7. The meeting lasted for over 2 hours and the edited video only presents 6 minutes. The end of the video features messages (not from the Community) downgrading the Directors proposed by shareholders for the EGM of November 26 and mentions one of the shareholders of the Company.

Minera IRL SA laments that the current Board of Minera IRL Limited, due to its lack of knowledge about Communities in Peru, is generating conflict, at the expense of 8 years of good relations developed with the Rural Community of Ollachea, and reiterates that charges of these dealings are before the correct authorities.