RE: somebody please explain the hose job with the stock price?Dear SinusInfection, There has been one big seller (selling under #27) for some months now and they are the reason why we're not at 15ish cents. Lately, there has big one big buyer (selling under #33). #27 slowed down their selling and price increased over the past few weeks. Not sure how much #27 has still to sell or what their reasons are. If you ask Minera IRL, they don't know who #27 is or why they're selling, but they continue to work away towards finalizing the financing.
#33 and others are still buying. I'm still taking advantage of this opportunity and buying when I can. Minera IRL is in better shape than they were a couple years ago when it was trading at $1.60. We need 2 things as was mentioned on discussthemarket - 1-financing to be completed, and 2-change in gold sentiment. Either one of these will make this give at least 500% gains in my opinion, but if we get both together, then I think it will be an easy 2000% gain over the current price.