Tuesday May 03, 2016
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PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Minera: Good news from Peru – cheap but are there cheaper gold plays?

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- Tom Winnifrith

AIM, Canada and Peru-listed gold mining stock Minera IRL (LSE: MIRL) has today announced the results of a feasibility study on its Ollachea project in Peru. This is a company I have followed for a couple of years on t1ps.com and more recently on my own blog and which I have recently written about in a modestly bullish way twice – with the share price lower than it is today. The following reviews the feasibility study announcement and its implication on the current investment case…is it still a good share tip?

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