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Two weeks to wait before the 90 day drilling program is up then hopefully good news and a re listing in Canada.
this board appears worryingly quiet ! is anybody out there ? is there any hint of news, updates , fuel for optimism ??? . Please ... make my day someone!!
thanks for the updates sounds good.
For anyone not keeping up with Otto's (ikn) weekly report, having met with Diego recently its his opinion that things appear smooth and positive so far, on all fronts (despite lack of formal news).
hXXp://www.city-investors-circle.com/companies-news/minera-irl-to-present-at-the-forthcoming-ama-presentation-in-london/ Minera IRL to present at the forthcoming AMA presentation in London Posted on September 25, 2016 Minera IRL {BVP: MIRL} have confirmed their participation at the forthcoming Association of Mining Analysts South American Mining presentation, on Tuesday 27th September at the Royal School of Mines, London. UK. Minera IRL and Harvest Minerals to present in London Minera IRL {BVP: MIRL} have confirmed their participation at the forthcoming Association of Mining Analysts South American Mining presentation, on Tuesday 27th September at the Royal School of Mines, London. UK. They will be accompanies by AIM success story Harvest Minerals, focused on Potash in Brazil. A synopsis of both presentations will be available on this website. Read more: http://www.city-investors-circle.com/companies-news/minera-irl-to-present-at-the-forthcoming-ama-presentation-in-london/#ixzz4LU0cCPZL
that was stupid of me, I think was replying to your question there, haha. opps.
there is a post over at advfn http://uk.advfn.com/stock-market/london/minera-MIRL/share-chat?xref=navmenu_sharechat .. but yes everything is quiet, I think everyone is waiting for 90 days of drilling to be over till say to much.
does anyone have any news or thoughts on the possible re-listing dates??. Everything seems to be worryingly quiet !!!
do you know why?
That was a short tenure!
thanks
You can see them here: http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00029807
anyone have link to english readable financials that have just been released?
Excellent news lets hope for a relisting in 2016, if not early 2017.
Thanks for the update Ssifuentes. It looks like it is all beginning to come together at last. I had to laugh at the comment at the end of the update. "FOR FURTHER INFORMATION, PLEASE CONTACT: Minera IRL Limited" As usual there is nothing about this on Minera IRL's website.
MINERA IRL ANNOUNCE RESUMPTION OF DRILLING AT THE OLLACHEA FLAGSHIP GOLD PROJECT LIMA, PERU--(Marketwired - August 8th, 2016) - Minera IRL Limited ("Minera IRL" or the "Company") (BVL: MIRL) is pleased to announce the resumption of drilling at the Ollachea flagship gold project in Puno, Southern Peru The program contemplates 5,230 mts of diamond drilling consisting of 23 holes drilled from 6 platforms from within the Ollachea tunnel. The target is the down-dip plunge of the mineralization to the east of the Minapampa ore body. In 2013, three holes drilled off the tunnel intercepted mineralization at grades generally superior to those encountered in main ore body. DDH13-T01 DDH13-T03 DDH13-T04 20 mts grading 4.48 g/t Au 11 mts grading 5.47 g/t Au 9 mts grading 5.45 g/t Au The drilling program is a condition precedent to access the second tranche of the US $240 million debt facility provided by Corporación Financiera de Desarrollo S.A. (“Cofide”) for the design, construction and commissioning of the mine. Other key milestones are completion of the optimization studies for the mine extraction rate and metallurgical process and flow-sheet. Both studies are focused on reducing the capital without prejudicing the targeted annual production of 100,000 oz. Au. Mr. Francis O’Kelly, Chairman of Minera IRL commented, “I am pleased to report recommencement of field activity at the mine site after a hiatus of almost one year due to circumstances that caused the temporary withdrawal of Community support for the project. I am particularly gratified that the concerns of the Ollachea community have been successfully addressed and that the Company can now look forward to advancing the project in a cooperative spirit” The drilling program has duration of 90 days. Assay results will be released periodically during the course of the project http://www.smv.gob.pe/ConsultasP8/temp/160808%20-%20MIRL%20-%20Resuption%20Ollachea%20drilling.pdf FOR FURTHER INFORMATION, PLEASE CONTACT: Minera IRL Limited Carlos Ruiz de Castilla Interim Chief Financial Officer Minera IRL S.A Diego Benavides Norlander President & CEO
As Breft says- just HOLD and bide your time.>>>> 6 Months ago > I considered this a LOST cause only suitable to offset losses against TAX liabilities. Now this is considerable upside possible with even the chance of making a reasonable profit.
Hi gffy47, I had to remove my holding from HSBC'S sharedealing service. I opted to have them send me my share certificate. As this has always been a long term investment for me I am going to sit on this for a while. When Mirl relists on AIM i will probably put them back with HSBC. If you want to cash in or trade, you will need to get in with a broker who trades with whatever market they list on. As foolsgold7 says this is likely to be the Toronto stock exchange initially, but probably the AIM after that. However I am now more optimistic that the new mine will now get built and the company will recover, so am going to bide my time.
when Minera was delisted my broker (H/L) informed me that I had to take the stock out of my ISA holding and hold it in a normal share account. Has anyone else had this situation? and does it mean that I can put it back into my ISA portfolio if they relist on a recognised exchange ?? ... also, why doesn't Minera keep small investers like us more up to date on what's happening !!!!
Firstly a Listing on the TSX> as per latest communications> If you have share certificates you can attain from Computer-share -register removal request forms for transfer to the Canadian Register. I would envisage a relisting on TSX by September hopefully at latest. As for AIM- I have no idea- maybe 2017 who knows
Hi apologies if I am asking a very obvious question. Am invested in Minera and have never been in a situation when a firm has been delisted. If by any chance Minera IRL manages to get back on the AIM, would our funds be available again or should we write off? Thanks
gone rather quite here
I think we will see Minera flourish and maximise the huge potential. Gold price now heading towards 1350 nearly 300 points higher than suspension. This really could be the share it always should have been i.e. 80p +
I know there probably isn't much to report at the moment, but lets keep and eye here. If things really are beginning to go in the right direction again there could be exciting times ahead, especially with the gold market heading upwards. I look forward to hearing from you guys soon to share worthwhile comments and observations with. There is also a discussion board on Interactive Investor. Take care all.