ibwaiting
10 Mar 2015
This friday.Thats the end for me. If it cant look up by then Im with Maxo. It is over and I will cut my losses against gains y/e.Enough of this b.s. If they had something it would have come out by now. No one would allow the stock to tank like this, have two resignations, and not give concrete updates about financing. I suspect its over.Sorry to believe it but believe I must.
ibwaiting
09 Mar 2015
stew200:expect a rise towards 5p Monday. Which Monday are you talking about. Down another 10%. This bleeding has become critical. Looks like a dead cat bounce was the rise several weeks ago.If no turn around this week Im out.
Barrie
06 Mar 2015
I heard about his health problems a couple months ago but I don't know the details. I think he might just be worn out. What a long, stressful process it's been. I've been wondering if it's all part of the financing arrangement. Everyone he works with respects and loves him. I'm hoping he just needs a break and then can continue to play some role in the company.
ibwaiting
06 Mar 2015
Posted to soon. Barrie who do you think?
ibwaiting
06 Mar 2015
I realize that Barrie.My issue is the company hiding it then the news today about Courtney stepping down because of health. All looks bad with gold looking weak and Minera without financing even weaker.
Barrie
06 Mar 2015
Mr Grey's issues with Miton have nothing to do with Minera IRL. Wait and see who the new CEO will be.
ibwaiting
06 Mar 2015
Hmmm, Mitton selling, they must have known the Courtney health issues prior gold dropping .3 strikes and ? I'm long but the odds are stacking against us.Sure they say this will not affect finance discussions but what else are they supposed to say.I will give it one more week. Gold is heading to $1130 all support broken above. Should this low for the move hold the terms are getting so onerous you have to speculate it will be limited upside should it ever come about. I dunno.
Barrie
06 Mar 2015
I am very confident ibwaiting. With so few deposits in the world, it's not logical that this won't happen. That's a double-negative. It is logical that this will happen. Buy low, sell high!
Barrie
06 Mar 2015
Shareholders are worn out from waiting. I've been a shareholder for over a year and a half but I've been buying a lot more lately. I've gone through this waiting with a lot of companies and haven't lost any money yet. Ollachea is a better resource than most of the others I've been involved in.
ibwaiting
06 Mar 2015
No calls lately but in the last call they said they are advanced discussions.Interesting observations the market is not anticipating news it had better come sooner rather than later.
Barrie
06 Mar 2015
I don't think they're suckers who are buying. Mostly Peru buying. I know for a fact that at least some of the advanced finance discussions have happened in Lima, Peru. One reason for confidence is because we know why the selling occurred. If we didn't, that could be a potential cause for worry. By the way, have you called Minera IRL lately? Did they say anything to you about the level of finance discussions?
ibwaiting
06 Mar 2015
That's exactly my point Barrie. Any rookie can figure it out why didn't ir disclose this very simple deduction.Now who is buying suckers or ?. We await the outcome but time is not on our side with the drop in pm's. The terms will get more onerous.
Barrie
06 Mar 2015
You can 1-read the presentation to see Miton's ownership amount last year, 2-read about the fund manager that oversaw IRL at Miton's departure. Both of these facts are easy to find. Then you may be able to find out through experience and research that Miton uses Dundee as a broker and it's easy to see that Dundee is doing the selling. 3-Then try to talk to the right people as I have (I won't give names) who can confirm that it's Miton who has done almost all the selling these past 6 months or so.
ibwaiting
06 Mar 2015
I dunno. I spoke with IR and he did not disclose that Mitton was selling.Acted as baffled as the rest of us.Very disconcerting.Will they or will they noy Im starting to lean towards Maxo. When the evidence points south the direction is south.
II Editor
04 Mar 2015
NEW ARTICLE: Trends and Targets for 5/03/2015 "MINERA IRL (LSE:MIRL)  is currently illustrating that sometimes long term downtrends cannot be relied upon.  As the chart shows, despite a breakout through Light Blue, nothing really has happened and we tend suspect the Dark Blue line will ..."[link]
