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Gold/Mining/Energy
Minera IRL
An SI Board Since August 2011
Posts SubjectMarks Bans Symbol
1226 57 1 MIRL.CN
Emcee:  TheSlowLane Type:  Moderated
*** IMPORTANT - PLEASE READ ***
On July 27, 2021, Minera IRL announced three new executive appointments. Apparently this was done to address the concerns of Haywood (who had been retained as a financial advisor) in order to attract the funding required to advance the Ollachea project. Instead of allaying governance-related concerns, these appointments have ratcheted up the concerns of shareholders to a new level given the alleged lack of qualifications of the appointed personnel.

In response to these concerns, Mark Turner, who runs the Inca Kola News blog site has begun organizing a group of concerned shareholders and is in the process of finalizing a strategy to address the above and other concerns with the ultimate goal of displacing the current management in an effort to extricate at least some value for shareholders. If you are a shareholder and are not on the distribution list for the Concerned Shareholders group, you are able to join by sending an email to Mark at: renrutkram@yahoo.co.uk.




Overview

Minera IRL is a junior gold producer with projects in Peru. Corihuarmi is an operating mine in Peru that is currently producing gold per year, and helping to fund the company's exploration and development efforts. Ollachea, an advanced project, is an orogenic gold deposit located in Peru. Drilling to date has shown over 2.5MM oz Au (MI&I). There is potential to expand the deposit considerably. The company has driven a 1.2 Km tunnel to access the deposit, enabling deeper drilling that has not been possible due to terrain.
Advanced Projects
- Corihuarmi: Peru, producing gold, US$383 cash cost, 2017
- Ollachea: Peru | 2.5MM oz Au (MI&I) plus Concurayoc's 0.9MM oz Au Inferred | BFS complete | 4Q18 planned production start.

Resources
Minera IRL web site
Corporate Presentation
Ollachea: Puno Region - Site - Mine Plan - Schedule (old) - Magnetics - Economics - Costs
Charts: Daily - Weekly
Videos: Mineros do Ollachea Part 1 - Part 2 - Part 3 - Slide Show - Area Artisanal miners
Images: Ollachea 3-D
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ReplyMessage PreviewFromRecsPosted
1226What famous Peruvian said "In the valley of the blind a drunk one eyed thiewrkoutmn50-July 28
1225Yup, not a word about the three main issues engulfing MIRL: - replacing an unetLoneClone-July 26
1224DOA!Without material newswrkoutmn50-July 26
1223Minera IRL Increases Gold Production in Second Quarter 2022 ca.finance.yahoo.coLoneClone1July 25
1222CFO Carlos Ruiz De Castilla just bought 81,000 shares.Jabberwocky98-June 29
1221Thanks Jabberwrkoutmn50-June 28
1220I read their latest newsletter and it referenced a couple of articles/interviewsJabberwocky98-June 28
1219The lies continue! I was told by Diego in Dec. 2020 that we would get the fundinwrkoutmn50-June 28
1218Time for Material News! Let's see it [ Minera Irl.]wrkoutmn50-June 14
1217MIRL continues to limp along , managing to lose money in spite of the high priceLoneClone1May 16
1216Minera IRL Reports Q1 2022 Financial Results ca.finance.yahoo.com Minera IRL LLoneClone-May 16
1215Good volume on BVL [800,000] Can. [500,000] stock price up a little. Remember wwrkoutmn501April 29
1214I e-mailed and asked about PDAC and with a little help from my friends to also awrkoutmn50-April 25
1213Time for Maxwell Mercantile Inc. to show what they are getting paid for.Materialwrkoutmn50-April 24
1212He's spent over $90,000 on shares since February and he's up over 4.2 miJabberwocky98-April 23
1211Positive news. Perhaps he can get the share price to rise.ian.s-April 23
1210Diego purchased another 236k shares for $21400.wrkoutmn501April 23
1209Good to see insiders buying small amounts but we need material information.Iwrkoutmn501April 21
1208He must know something that we don't.lolwrkoutmn501April 17
1207Diego Benavides is at it again. Buying up more shares. He's closing in on 4 Jabberwocky982April 17
1206Lipstick on a pig time... Instead of dealing with the real problem, an incompetLoneClone1April 5
1205Footnote 18: [graphic]Turtle_named_mack1April 2
1204Isn't it 6.17% + Libor for the bridge loan? What did they do with the 70m? Sredna5-April 2
1203Annual report available today on Sedar.com, See: Note 24. Also, bridge loansTurtle_named_mack-March 30
1202The new Market-Maker isn't making anything happen as we know.Any ideas on whwrkoutmn50-March 29
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