Replies to post #31958 on Value Microcaps Junior Miners

[Lone Clone]

Make sure you follow what's going on with IRL here.

http://incakolanews.blogspot.ca/

Although Hodges got routed at the AGM, he and his cronies are still trying to control the company through proxies.

Once these scumbags are dealt with once and for all, the locals will be back onside with Ollachea and the Peruvian financiers will be more than happy to come through with the remaining funds needed for development.

There is obviously still some risk with the sharks still around but personally I like the risk/reward here. That said, I am already overweight due to loading up around 7 cents so am not currently adding.

LC

[Bobwins]

I sold IRL.to a few weeks ago before the mess with the CEO started. While it appears that the CEO is on his way out, it is not clear to me that all is positive. They still need a new CEO, the board members supporting the old CEO are still in place so who will they bring in, financing for their gold project AND support from the surrounding community. I am staying away until they get positive resolution of all the details.