Minera Share Discussion Threads

[investment dave] 03/12/2016 18:52

When will we hear the next news of listing then?

[pottermagic2310] 03/12/2016 18:27

Well let's hope that the following are all doing a great job of moving the Ollochea Project forward on our behalf and putting everything in place to re-list on the TSX again and possibly on AIM, as previously proposed:

Mr. Gerardo Perez - non-Exec Director
Mr. Carlos Ruiz de Castilla - CFO
Mr. George Bee - non-Exec Director (is he still involved ?? - NO !! Gone already)

This of course assumes that they have the power to do anything without a Chairperson, CEO nor a COO in place ??? I guess GP being heavily into general Business Administration might be a good sign... but with the Business no longer being listed via the BVL, TSX or AIM, they can infact do what they like... which is precisely what I expect 'el Presidente' DB is doing with Corihuarmi again/still !!!!

I am being very pessimistic for a few very obvious reasons, having been invested here since early 2014 and absolutely knowing exactly what has taken place all along. Anybody unable to join the dots between de-listing off all Exchanges, the appearance of GP and CRdC in association with the prevailing DB and Rio Tinto no longer giving a $h!t is a Blind Fool.
I do hope/dream of an upturn but believe there's little hope in reality

[kenj4] 03/12/2016 17:31

How many shares he has is irrelevant. They are probably held in a nominee account, so the registered holder will be a bank or brokerage, rather than in his name. No exchange or brokerage will touch these shares while they are suspended. Even if he holds paper shares the company's nominated registrar lists who the shares belong to. The paper certificate is indicative, but not proof of ownership. Hence you can still sell shares even if you have damaged or lost the original certificate. But only when they are actively listed on a stock exchange.

[investment dave] 03/12/2016 17:29

I can understand potters frustration and I know my family are wanting this process to complete and shares to be listed as they have a big stake here. If we can just bloody relist and let the market decide what the value is I'm sure with confide on board the mkp will Be much higher than pre suspension.

[andy] 03/12/2016 17:10

Firstly we need to establish how many shares Potter has to sell, surely?

[investment dave] 03/12/2016 15:42

Worth a dam sight more than 5.5p

[bigjake1] 03/12/2016 13:50

hey potter, i'll give you 5.5p!! sorry max!!

[maxoscar1] 03/12/2016 06:23

Pottermagic.......how many shares do u own if I can raise the funds I will buy them for 5p and sell them back to you over 50p in a few years........kenj Dave bigjake1 and Andy hope ur all well GLA

[bigjake1] 03/12/2016 03:31

potter, they may be worthless but worth more now than they wete a week ago. onwards and upwards

[kenj4] 03/12/2016 00:48

Are you for real Pottermagic?
MIRL are worthless because you cannot cash in your shares? Where have you been for the last year or two? MIRL have been de-listed from all stock exchanges for over a year, so it has been impossible to trade these shares for all of that time. Have you only just noticed?

The problems with this company started when the obnoxious Daryl Hodges usurped control of MIRL after Courtney Chamberlain became ill and later died. When Hodges was booted out at the AGM, Jones & Fryer appointed the equally repugnant Jamie Pinto to replace him. Pinto was also kicked out at a later EGM. Jones & Fryer were saved by some late horse trading by Rio Tinto, after initially refusing to count the votes.

So yes these shares may be worthless, but that happened as a result of Daryl Hodges taking over. Now that Hodges, Pinto, Jones, Fryer and virtually all the board that replaced them have been kicked out, this company at last has the chance to move forward. Diego Benavides who was eventually cleared of all misconduct charges (though no thanks to those toerags Jones & Fryer) should have immediately been re-appointed to the board. Hopefully now this may happen.

[investment dave] 02/12/2016 23:37

The listing progress is still on track is it not? We will get the full results before yr end as well

[pottermagic2310] 02/12/2016 21:38

You can have them for 5p each... they're yours if you want them.
You'd obviously have to have huge faith that this isn't totally shot and that DB hasn't taken full control of all MIRL matters for this own Benefit and that you don't end up holding my worthless Shares at significant further loss to yourself

[andy] 02/12/2016 18:45

potter,

When Diego and Frank presented in London they said production was being extended due to finding some more gold so they may well revenue for a bit longer, 2019 I think, but going on a aging memory so don't quote me!

I accept they are currently worthless in that you cannot sell them today on an exchange, but they are part of a private company and certainly do have value.

Why not offer them for sale on here?

If you have a certificate you can transfer ownership.

[pottermagic2310] 02/12/2016 15:33

Max is spot on and clearly in agreement... "...u have lost ur investment..."
Right now MIRL is a worthless Shell with no control over the group Company(s).
You're all DELUDED... We've been ROBBED !!!
PROOF... cash in YOUR investment in the Business you hold Shares in OR ask that Business's Leaders what the current Business Plan is OR ask that Business how much Gold has been produced and sold in this quarter and at what Profit/Loss.
You will get nothing from anybody.

[investment dave] 02/12/2016 12:45

Shareholders are the owners of the company potter do you not understand that? With the right directors at the helm this will be one of the best companies to invest in once relisted. Just because they currently are not trading doesn't mean the shareholders haven't any value attached to their position

[maxoscar1] 02/12/2016 12:24

Pottermagic.........Ok u have lost ur investment u have accepted it move on and never buy into a Peruvian gold company again........as for Andy Dave and Sergio have a good weekend I'm looking forward to the future RNS GLA

[pottermagic2310] 02/12/2016 11:03

So you do all get it then, let's recap:

Minera IRL has no BoD or Employees of any note and any previous Plans held by the departing BoD are null & void, those people can't enact their Plan if they're no longer involved.
A new BoD will have new Plans - if you make assumptions now about those Plans, they will be invalid assumptions, as you can't actually validate them... what Plans? Who's Plans ? Who do you validate them with ?

"Minera IRL S.A. (Perú) with Diego Benavides at head is intact"... so this is the only Business actually operating and we don't have Shares in this, we have Shares in a Parent Company that exists in name only, with no Business Plan, no BoD, no longer quoted in Markets - Nothing.

I don't want to hear about an individual PI who writes his/her own Blog... that actually has nothing at all to do with Minera IRL the Company we invested in, which is no longer listed anywhere and no longer has a BoD !! It has also always appeared to be aligned to an Agenda relating to Minera IRL S.A. over in Peru.

What has really taken place here is that the original, local Peruvian mining operation has taken back control of everything and anybody who invested in MIRL via AIM/TSX has lost their investment.

[andy] 02/12/2016 10:50

Sergio,

Exactamente!

Diego is key here, IMO, so as long as he's onboard, local community relations will be onside, and the drilling will continue apace.

[sergiosifuentes] 01/12/2016 22:30

The processes (drilling, studies, relisting) are in progress independently of the group of fired directors yesterday. Minera IRL S.A. (Perú) with Diego Benavides at head is intact.

[andy] 01/12/2016 22:17

potter,

According to IKN they were all a bunch of scoundrels that were looking to rob the company (and shareholders!) of it's principal asset!


Minera IRL plans to list on the CSE (not the best choice but eventually on the Venture)
They will appoint a new BOD
I don't agree they've "written off their investment", but I agree it's strange they didn't vote.
I don't agree at all, they will relist and then it will have a value.
I'm not sure that's true

I don;t think Weymauch had a good business plan, at least according to IKN, so I'm pleased he's gone personally.

[pottermagic2310] 01/12/2016 21:44

Erm ???? What this actually means is that:

Minera IRL no longer exists
It is no longer a listed Company on AIM or TSX
A BoD no longer exists
A primary II holding approx. 33% of the Company can't be bothered at all to influence the Business it invested in, suggesting they've written off their Investment
All Shareholders in MIRL hold worthless 'Paper'
All funds previously raised via MIRL have been directed to previous Board Members and the Ollochea Community

I'm really not at all optimistic about this at anymore... the very people who communicated the most recent Business Plan are all gone. This is not what I voted for at all. ROBBED !!!!

[andy] 01/12/2016 20:33

Max,

Many thanks, and agreed.

[bigjake1] 01/12/2016 20:07

Am fine max, hope you are well. Otto seems confident so I hope this is an end to the ordeal. It's been a long couple of years. ...

[maxoscar1] 01/12/2016 19:15

Bigjake1......sorry mate I didn't mention u hope ur well