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MIRL Kenj2 29 Oct 2015

Re: Compromise? Preston Plumber,The good relations with the local people that you talk about, hark back to when Courtney Chamberlain was in charge. The abridged extract from the link below suggests that problems and disputes have occurred since Daryl Hodges took over.[link] less than a month, Minera IRL (TSX: IRL; LSE: MIRL) has lost community support for its Ollachea gold project in Peru, dismissed its interim CEO, and most recently, shown its executive chairman Daryl Hodges the door. The issues appear to have started after Minera IRL’s cofounder, executive chairman and CEO Courtney Chamberlain stepped down for health reasons in March. Hodges, who joined as director in February 2014, took over Chamberlain’s board duties................But community relations turned sour in August. Juan Luis Valeriano, the president of the Ollachea community, notified Minera IRL in a letter that the community was withdrawing project support until it made management changes. The Peruvian media noted that the community had asked why Benavides was only “interim” CEO and why Hodges had taken over Chamberlain’s position after his sudden death, implying that Benavides should have taken the top job."- See more at: [link]

TND CASTLEFORD TIGER 29 Oct 2015

2.00 barrier gone Still way too cheap.Everything is costing less this year.Should be a bumper year.Tiger

OPAY claude reins 29 Oct 2015

Dropped away again towards the end of the day Nothing more to add.

LXB coldascheese 29 Oct 2015

Good news for LXB CBRE RESEARCH HIGHLIGHTS OUT OF TOWN SHOPPING CENTRE VALUE INCREASESHigh demand is driving up shopping centre values, with out-of-town centres racing ahead of those in town.The UK’s out-of-town shopping centres saw their value soar by 6 per cent in Q3, according to CBRE, marking the second steepest increase since 2000. Their capital appreciation dwarfed the 3.8 per cent growth in values for in-town shopping centres, echoing a growing demand for large, dominant destinations.Rents also grew strongly in these out-of-town shopping centres, rising 2.1 per cent, but even this growth wasn’t enough to keep pace with growing property values. As a result, yields were pushed down to 4.5 per cent, their lowest level since 2000, making these sites increasingly attractive for investors looking to lower their exposure to risk.Natasha Patel, Associate Director at CBRE Research said: "On the whole, we saw fairly modest capital value growth in Q3, but both rents and capital values in out-of-town shopping centres have grown remarkably. This rental growth is largely due to continued demand from retailers who are placing greater emphasis on dominant centres to strengthen their brand presence."Elevated by these out-of-town figures, the overall shopping centre sector saw capital value growth of 4.5 per cent and rental growth of 1.6 per cent, the highest across all prime commercial property sectors, which averaged 2.2 per cent and 1.1 per cent respectively. The popularity of shopping centres appears to have come at the expense of high street shops as property values in the rest of the retail sector have grown by just 2.2 per cent, a figure buoyed by strong capital value growth in Central London of 5.5 per cent.News provided by TheMoveChannel.com © Copyright, On The Move Limited, 2005NOTE-even town shopping centres values increased by 3.8% in the quarter.

GBO JakNife 29 Oct 2015

Re: Class Action - EDWIN COE "As stated earlier I will provide the grounds in a few days. I'm told the Nomads are safe because they report to the Stock exchange, not members, unlike the auditors. Seems we can go after Costis if we manage to freeze his account holding the share sale proceeds"You can confirm for yourself that this is not correct by reading the audit report section of the accounts:[link] In particular:"This report is made solely to the Company'smembers, as a body, in accordance with Chapter 3of Part 16 of the Companies Act 2006. Our auditwork has been undertaken so that we might state tothe Company's members those matters we arerequired to state to them in an auditor's report andfor no other purpose. To the fullest extent permittedby law, we do not accept or assume responsibility toanyone other than the company and the Company'smembers as a body, for our audit work, for thisreport, or for the opinions we have formed."You will also find that you have no statutory ability to go after Costis' cash as you do not have the necessary legal "locus". To the extent that he has committed fraud it is a fraud against the company, not a fraud against the shareholders and hence the company can pursue him but shareholders cannot. Shareholders could consider pursuing a derivative action under the companies act but given that Globo themselves have already commenced action then shareholders would probably not be given leave of the court to pursue him. JakNife

GBO Gromito 29 Oct 2015

Re: Class Action - EDWIN COE I would be keen to be involved as well.The amount I have lost is relatively small but want to be involved on principle, as well as understand how the process work.Any compensation would be a bonus.

MGAM Brown Bull 29 Oct 2015

Still on the way down The SP is now down 20% over the last three months, and it just keeps dropping.Anyone know what is behind this?

GBO Hardboy 29 Oct 2015

Re: Class Action Gallant, I'd be pleased to join in, on the outline basis you describe. A friend of mine, who does not post on this BB would also be interested.Are you going to contact Forum, and the L&G fund manager you mentioned in an earlier post?The bigger the potential pot, maybe the less the solicitors will take off each shareholder (if we win anything.)

SN gamesinvestor 29 Oct 2015

3D printed joints [link] have an impact on the business down the line perhaps?Games

WRN TX2 29 Oct 2015

Craig Whyte declared bankrupt today. Following action by Ticketus in action for £20.8m judgement re takeover of Rangers.Where does this leave Law Financial Ltd Worthington's main asset improbably valued at £10m in last unaudited interim accounts(to March 30 2014) which consists in the main of Whyte's claim against present RFC.The criminal case against Whyte is yet to be heard.Will WRN be commenting;probably unlikely ibut any blathering by Ware is a waste of space in the absence of accounts.

UJO Catch24 29 Oct 2015

Shore Capital note Union Jack Oil’s upcoming catalysts eyed by Shore CapAn acceleration of the Wressle project is among the highlights, according to analyst Craig Howie Investors in Union Jack Oil (LON:UJO) can look forward to multiple share price catalysts, says house broker Shore Capital.Analyst Craig Howie, in a note, told investors that Union Jack was gaining momentum onshore UK, and highlighted the recent success at the Wressle discovery which is now being advanced through the field development process.“We anticipate an active year for Union Jack in FY2016 and, following the confirmation of plans to fast-track development of the Wressle discovery, the company has further strengthened its finances with a £0.8m placing (resulting in an estimated cash balance of £3.2m with no debt),” he said in a note.“This provides the flexibility for follow-on acquisitions as the company seeks to expand its portfolio of drill-ready projects onshore UK.”Howie notes the submission of the Wressle field development plan mong the possible catalysts in the coming months.He also points to the scheduled drilling of the Biscathorpe and North Kelsey wells.The analyst added that, following the most recent placing, the company is now fully funded into the 2017 financial year.[link]

GBO gallant02 29 Oct 2015

Re: Class Action - EDWIN COE We go after the auditors and claim for negligence so we can rely on their PI cover.As stated earlier I will provide the grounds in a few days. I'm told the Nomads are safe because they report to the Stock exchange, not members, unlike the auditors. Seems we can go after Costis if we manage to freeze his account holding the share sale proceeds.

GBO TX2 29 Oct 2015

Re: Class Action - EDWIN COE I will be pleased to stand correction but I understood very little cash was returned to very few people in Langbar case!(Some shares bought back @ 5.1p).If only because few of the claimed assets existed.It went on for years.Edwin Coe also tried to act for shareholders in the failure of Cattles Holdings Plc(in 2008/9);once a major billion pound main market listed finance company which was subject to Director fraud without success.Cattles even had a rights issue signed off by advisors,accountants,auditors et al with what proved later fraudulent accounts.Nobody got a penny;actually they did as part of reorganisation by secured lenders shareholders were paid ex gratia 1p per share to go away! But do remember if any assets remain other creditors in fact everyone ranks before shareholders for payment.The pecking order is Government creditors,employees wages,secured lenders,unsecured & trade creditors,outstanding pension contributions etc,then last shareholders are paid any surplus.If any proven criminally involved Director should have funds available other outstanding prior ranking creditors will have first claim.

BOR Seagull2 29 Oct 2015

Re: Humpback non commercial Think the directors need a massive haircut r find another role somewhere else imho

DGO xTitanic 29 Oct 2015

Re: the worst investment ever lol