Bullboard - Stock Discussion Forum Minera IRL Unsponsored ADR Representing 10 Ord Shs MRLLY

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Minera IRL Ltd is a Peru-based company engaged in the precious metals mining, development and exploration. The Company's principal activity is the exploration for and development of mines for the extraction of metals. The Company operates and owns 100% interest in the Corihuarmi Gold Mine, which is located approximately 160 kilometers southeast of Lima, Peru, and is advancing its flagship... see more

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Minera IRL Unsponsored ADR Representing 10 Ord Shs > Just a guess

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Post by mariners13 on Jan 15, 2021 2:22pm

Just a guess

I saw 20K offered at .135 (I wanted a total of 37K) so I took it and bid another 17K at the same time. My whole bid was taken and 3K were still there. In a few minutes it was an ask of 10K. I waited the 20 minutes to see who sold and it is "Anonymous". So, it appears to be a hidden block there. As to reason, and this is where my guess comes in--I say a financing by their new financial advisor, Haywood.

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Comment by mariners13 on Jan 15, 2021 3:36pm

I realize I am only talking to myself, but hey. Good company. i saw on the 20 minute delay site I use, https://www.stockwatch.com/Quote/Detail.aspx?C:MIRL that there was what is called a "300 CSE Buy-In" where the seller was Haywood. The amount of shares was 29,089 and a few minutes later, another 29,000, both sales at .16. Neither showed up on the price for the day. That fits with the ...more

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