Minera Share Discussion Threads

[andy] 22/5/2016 00:30

More likely to be Chicha!

The situation looks much better than a few months ago, tanga paciencia amigo!

[kirk 6] 21/5/2016 23:21

Lol need a g&t while we wait for this on to get trading again

[molly sydney] 20/5/2016 12:16

Fair call lads, G&Ts all round

[andy] 20/5/2016 10:57

potter,

Exactly, well said.

Why someone goes to the trouble of registering a new id to post rubbish like that is beyond me.

[andy] 20/5/2016 10:55

molly,

Did you go to all the trouble of registering an id to post that rubbish?

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"Time stamps on purchases and correlations to forum behavior enable a pretty accurate assumption as to who you are."

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What a load of cobblers!

I'm sad that you have nothing more meaningful to do with your day!

[pottermagic2310] 20/5/2016 08:28

LOLs - this is probably the most civil BB I've encountered here on AVFN and all posts I've ever seen or contributed to have always been with the genuine best interests of the Company & PIs at heart... it's a welcome relief to check-in here once in a while.
I remain very optimistic for now about this Investment, assuming re-registration on TSX occurs, the Board have produced a revised Plan for Ollachea and we do get to retain our Shareholdings at no loss compared to where things were at prior to suspension.
Ever hopeful...

[molly sydney] 20/5/2016 02:34

shareholders will receive special assistance to transfer over to TSX, except for those identified as trouble makers - they may be left to try and sort it out themselves. Time stamps on purchases and correlations to forum behaviour enable a pretty accurate assumption as to who you are.

[molly sydney] 20/5/2016 02:33

shareholders will receive special assistance to transfer over to TSX, except for those identified as trouble makers - they may be left to try and sort it out themselves. Time stamps on purchases and correlations to forum behaviour enable a pretty accurate assumption as to who you are.

[maxoscar1] 19/5/2016 06:51

Another week goes by and nothing no mention of a COO CEO any new directors also where is COFIDE in all this are we going to have billions and billions of share dilution to raise the finance.......who is this so called perUVIAN lawyer who has total control over the board......and what will happen to Jones and fryer at the next AGM........are things really being sorted out that's the question

[andy] 14/5/2016 07:32

dave,

There will be formalities and checks going on in the background, everyone will want to make sure everything is in order before trading resumes.

A resumption may take place during what is usually the summer lull, which may create an opportunity for those of us with an interest!

[investment dave] 13/5/2016 22:10

Another week passes by with the commencement of trading date surely getting closer. Not seen any updates since last week

[investment dave] 05/5/2016 13:19

You would think the price would open much higher just on he price of gold. The price when suspended was 1125 now 1275 which is a considerable difference. In addition If the confide loan goes through then there is no guessing what price on relisting. Hopefully double figures equiverlent

[coley47] 05/5/2016 10:35

The form is W-8BEN , this allows ,quote, : 'You are now able to hold and trade US securities. Your form is valid for 3 calender years after the year in which it is signed '. Although it says 'US' market, I understand that it automatically covers the Canadian exchange . (PS it may well cover other markets too . Hope this helps. PPS any guesses as to what price Minera will open at ???

[archlight] 05/5/2016 09:15

Thanks Andy,

funny how taxation forms are a priority when one is at an 80% loss.

[andy] 05/5/2016 09:01

archlight,

I think he means the W8-BEN form which is required to avoid paying tax on any US listed shares you may hold, as a non US citizen. I am not aware it's a requirement to trade Canadian stocks, but TD ask for it to be completed too.


Sadly the point he did not address is if someone has Minera shares listed on AIM in his account still, what does he have to do to make them tradeable on the TSX?

As I understand it, it has to be done by the registrar, Medusa Mining on the ASX was an example of this, when they delisted from AIM.

With Medusa, it took an interminable amount of time to complete, dues to issues between the registrar and brokers, and the share price fell whilst people were unable to trade them, so this is something people should address now, before the stock relists on the TSX IMO.

[archlight] 05/5/2016 02:50

Hello Coley,

Can you describe the form?

Thanks

[coley47] 05/5/2016 02:45

Incidently, has anyone have any clue or idea as to the price might open at when Minera re-list ????

[coley47] 05/5/2016 02:31

I have spoken to my brker , H/L , regarding Canadian listing. and the easiest route is to fill in a form ,which they supply, send it back sighned and thi allows you, through your broker of course, to buy and sell on the Canadian exchange. I have now done this and am just waiting .........,with baited breath, for Minra to pull their finger out and re-list !!!!

[andy] 05/5/2016 00:36

greenrookie 4 May'16 - 21:56 - 4446 of 4447 0 0

So can we trade our AIM stock on a different exchange in the future?

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As I understand it, no.

What I think you have to do is ask the registrar to transfer your stock and issue a certificate for the TSX. As long as your broker allows TSX stocks (most do) then all will be fine. Otherwise you can hold a certificate, and will need to open an account with a Canadian trading broker like TD.

If anyone knows for sure, please confirm.

[pottermagic2310] 04/5/2016 23:07

A first decent step back in the right direction at last.
A Production update would be very useful after relisting on the Toronto Exchange.
Some news regarding a revised/new Plan for Ollachea beckons, all being well.
I seem to recall that once relisted on the TSX, UK/AIM Shareholders should receive some sort of notification regarding our Shares and how to proceed in the absence of an AIM Listing.
Time will tell... fingers-crossed this moves in the right direction at long last

[greenrookie] 04/5/2016 21:56

So can we trade our AIM stock on a different exchange in the future?

[investment dave] 04/5/2016 07:48

Nice, all we need now is confide

[bit coin] 04/5/2016 07:05

FOR: MINERA IRL LIMITED LMA SYMBOL: MIRL May 4, 2016 Minera IRL Limited Reports it Will Maintain Its Listing on Lima Stock Exchange LIMA, PERU--(Marketwired - May 4, 2016) - Minera IRL Limited ("Minera IRL", or the "Company") (BVLAC:MIRL) wishes to inform shareholders that the Company has communicated to the Peruvian Securities and Exchange Regulatory Authority ("SMV") in connection with its listing on the Lima Stock Exchange ("BVL" or the "Exchange") that it has elected to maintain its listing on the BVL. In accordance with Article 37 of the SMV listing regulations, the Company had thirty (30) days following the communication of its decision to delist from AIM, to delist from the BVL or maintain the listing as a primary listing on the Exchange. The Company has elected to maintain the listing as a primary listing effective April 29th, 2016. The Company is currently subject to a Cease Trade Order ("the Order') issued by the Ontario Securities Commission ("OSC") on October 30th, 2015 as a result of the company's failure to file its June 30, 2015 financial statements. The Order also caused the suspension of trading of the shares of the Company on the BVL. From inquires made on a non-formal basis with the SMV, the Company acknowledges that trading of the Company's shares on the BVL will not be permitted until the OSC rescinds the Order. The Company released its June 30, 2015 financial statements on March 30, 2016 and is in the process of applying to the OSC to rescind the Order. Once this process is complete, and other conditions have been met, the Company intends to apply for a new primary listing in Canada. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this news release. Cautionary Statement on Forward-Looking Information Certain information in this news release, including information about the Company's financial or operating performance, information about the legislative regime to which the Company is subject, and other statements expressing management's expectations or estimates of future events, performance and exploration and development programs or plans constitute "forward-looking statements". Forward- looking statements often, but not always, are identified by words such as "seek", "believe", "expect", "do not expect", "will", "will not", "intend", "estimate", "anticipate", "plan", "schedule" and similar expressions of a conditional or future oriented nature identify forward-looking statements. Forward-looking statements are, necessarily, based upon a number of estimates and assumptions. While considered by management to be reasonable in the context in which they are made, forward- looking statements are inherently subject to political, legal, regulatory, business and economic risks and competitive uncertainties and contingencies. The Company cautions readers that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Minera IRL's actual financial results, legislative environment, future performance and results of exploration and development programs and plans to be materially different than those expected or estimated future results, performance or achievements and that forward-looking statements are not guarantees of future performance, results or achievements. Forward-looking statements are made as of the date of this news release and Minera IRL assumes no obligation, except as may be required by law, to update or revise them to reflect new events or circumstances. Risks, uncertainties and contingencies and other factors that might cause actual performance to differ from forward- looking statements include, but are not limited to, any failure to obtain or complete project financing for the Ollachea Gold Project (including the Senior Debt Facility), changes in the price of precious metals and commodities, changes in the relative exchange rates of the US dollar against the Peruvian nuevo sol, interest rates, legislative, political, social or economic developments both within the countries in which the Company operates and in general, contests over title to property, the speculative nature of mineral exploration and development, operating or technical difficulties in connection with the Company's development or exploration programs, increasing costs as a result of inflation or scarcity of human resources and input materials or equipment. Known and unknown risks inherent in the mining business include potential uncertainties related to the title of mineral claims, the accuracy of mineral reserve and resource estimates, metallurgical recoveries, capital and operating costs and the future demand for minerals. For additional information, please consult the Company's most recently filed MD&A and Annual Information Form. FOR FURTHER INFORMATION PLEASE CONTACT: Minera IRL Limited Robin Fryer Director [phone] OR Marco Arevalo General Counsel [phone] OR Buchanan (Financial PR, London) Bobby Morse / Anna Michneiwicz [phone] INDUSTRY: Manufacturing and Production-Mining and Metals SUBJECT: STK Minera IRL Limited

[andy] 03/5/2016 11:24

zedder,

Shame you had to remove them from your ISA.

Once relisted, you could put them back into a new ISA if you have an existing allowance free for this year.

[zedder] 03/5/2016 11:20

Because of the delisting I moved my shares from my Barclays ISA account to my MarketMaster account (Barclays had written saying they needed to be moved out of the ISA and the options were the MM account or getting a Share Cert, the latter of which would have involved a £30 admin fee).

I'm hoping that if they relist on TSX then I'll then be able to move them in to my International Trader account.

It's all been a hell of a bloody mess though!