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Minera IRL Limited T.IRL



TSX:IRL - Post by User

Comment by pecorinaon Oct 07, 2013 4:40pm
287 Views
Post# 21797596

RE:RE:RE:RE:RE:RE:Talks of Liongold corp. buying Minera

RE:RE:RE:RE:RE:RE:Talks of Liongold corp. buying MineraIrrespective of the outcome of the current flurry around IRL, I rate the action as positive for my investment in IRL. However, I am not convinced that any of the plans with LionGold will go thru - at least not for now. - LionGold is too preoccupied with the suspension of their shares, and the SGX/Regulator is tough, i.e. no Vancouver garbage regulator. Changi is ready for scammers. The LionGold people are more financial types than miners; they blew money in Bolivia when Evo is in charge; they had some 9 mil for a Nova Scotia moose pasture where they can test water buffaloes. - Yet they have proven access to financial resources and are trying to build an Asian gold company outside China. - The SGX suspension, as I hear is mainly due to the crazy stock trading which may well be triggered by parties other than Liongold insiders.The boys there need distraction from Sentosa casinos there. -- Once Liongold have sorted out their SGX suspension, they may be back IF IRL is still available. --Meantime, the entire excercise is not bad at all for IRS shareholders. Keep it up! Ciao Tina
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