Minera IRL Forum

What do you investors think of hedging being part of the financing deal? I don't like it because I think the price of gold will move up in a big way this year. If you feel the same way, could I suggest that you give Minera IRL a call or send them an email to let them know?

You have to understand that they have financing options. The time that's going by is for the purpose of trying to get the best deal possible.

Minera IRL is up 10% on the TSX today.

They are definitely in a closed period. You can call to confirm if you don't believe me. This is the rule when financing talks are going on.

Directors are not allowed to buy now. They're locked out because of advanced financing negotiations.

how much lower can the sp go down? with nav at negative and company not making profit and with gold price still going lower this year...

VGM in the making? its not making profit and is cash burning rio tinto will just buy it at current share price or lower

GLA - I do not think it means what you think it means.

with low gold price for many years to come i just can't see how mirl will make money if gold price stays around $1100 unless mirl reduce costs

Once financing is done, we'll have a rush into Minera IRL. But imagine where share price can go if gold price is rising at the same time!