Minera IRL - MIRL Stream Log

We sure see a lot of new posting handles.Now that things are bullish.Thanks for the manipulation for cheap shares guys!

will probably be a good week for gold price. establishing a base now

It might take a few days.

The data's delayed today. I bought some on the TSX at .07cdn this morning and it's not showing at all.

Some Peru projects are much lower grade than Minera IRL's Ollachea so wages and oil price is a bigger factor. Minera IRL will have one of the lowest cash costs to get each ounce out of the ground in the business. And Peru is still considered one of the best jurisdictions. And the community of Ollachea is very, very eager to get going with this mine.

They've got numerous options if the cash starts getting tight over the next few months but issuing shares is not one of them. They are in advanced financing talks so something good should be announced soon.

There's no cash raising planned at all except some time after financing is done.

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.