Minera IRL Forum

That's ridiculous. There are much better financing alternatives than a placement. The plan is 1-financing, 2-marketing, and 3-some shares being issued.

There's broad selling right now affecting this stock and many others of the gold stocks. This won't last - take advantage of it. Still expecting good news in only 3 weeks.

If any are having concerns, why not call Jeremy Link in Toronto at 647-692-5460. He wishes more shareholders would call instead of just speculating. Financing is being worked out this month. Will have news in the near future. It's not a question of whether there will be financing or not - it will happen. But the devil is in the details. The details will determine if this will go to 25 p or 75 p.

Maxoscar1 - I hold 12 mining companies and they've all suffered like this. Minera IRL will not just survive but will thrive, and soon. This is one that can do well even if gold price drops further. Buy low, sell high!

It's always a long process to start a gold mine. Minera IRL has done a brilliant job in a horrible gold climate. The next very big catalyst is financing for Ollachea. This should easily double or triple this stock and maybe much more. There will be catalysts on the way to construction and at some point not yet decided, perhaps after construction is started or before, more exploration drilling will occur to expand this resource. Ollachea has the potential to be a giant. Minera IRL has the potential to be a 10 or 20 bagger. That's why I'm here, adding when I can, and holding.

I've been holding almost as much as Windrush for well over a year waiting for financing. With only a month to go, to sell now would be crazy.

No one wants to sell because this stock should be double by this time next month. Some are willing to day trade. Some buyers are scared financing will be delayed again. I am convinced it will be announced in a month at the quarterly. They have said so. They have multiple options for financing so it's just choosing the deal and closing the deal.

I heard that the conference call will be November 7th. Financing to be announced that day.

Windrush - that was President Diego who said by end of October. I don't think Courtney said that. They want to announce it in their conference call. Giving them a bit more time is a good thing in this environment. There are options - they just want to get a good deal because once it's done, that's the deal they work under for the next 10 years +

They've said many times that equity won't be used until after the main part of the financing is arranged. They said they will let some time pass after financing before that.