Minera IRL Forum

Miton's still selling because their fund manager left but someone's buying. So we know that's the reason for the selling - they don't have anyone at Miton who knows this company. Over a million shares again on TSX today. This all looks good for Minera IRL. It looks like it's people in the know who are buying.

Can anyone here do arbitrage between LSE and TSX? There are buyers there and it's best if the opportunity is taken so we don't have such a big gap like we did a few weeks ago.

Breadman - sell it on TSX - lots of buyers there.

If Minera never had the gold, then why does Macquarrie still stand with their $100 million offer? That is serious money and even in itself, it's proof that the gold is there. I'm filling my boots!

You've got to watch the TSX and who's buying. Over a million shares bought mostly by the same person/institution in the first hour this morning.

They're not going to run out of money. They have numerous options in that department. I don't know what gold price will be but Minera IRL will do well in either a high or low gold price environment.

So it appears that it was Miton Group selling that caused this drop. That's what I get from this release at investegate.co.uk/article.aspx?id=20150218164650M7333

Windrush - You have to watch the TSX right now - usually most of the action is on LSE, but not lately. TSX was over 3 million shares yesterday with just 200k on LSE yesterday. I doubt this will last but you have to watch that to see what's going on behind the scenes at the moment. You can go to stockhouse.com and then go to IRL (no M) and then click on level II.

Maxo - U have to admit that you're on crack. Up and down, back and forth. They are not running out of cash, there are numerous things they can do to keep the cash going, and I'm not talking about a private placement.

The buy out at 8p is cr*p from crack! At least at this time