Difficult call without being able to study the remains directly but homo floresiensis existed at one pointhttp://en.wikipedia.org/wiki/Homo_floresiensis(note, not in Chile, actually on the other side of the globe practically in Indonesia) so its not outside the realm of possibility to have living humans who are surprisingly small. However this specimen did not live in an environment or area with the proper selective pressures which would promote the miniturization of a species, such as Homo Floresiensis underwent.What's up with this six inch long mutant human mummy? That shit's some sort of hoax right?
http://www.dailymail.co.uk/news/arti...cumentary.html
http://www.huffingtonpost.com/2013/0...n_3135628.html
I seriously doubt that it was something which survived outside the womb, regardless what Nolan thinks. It is incredible small, underdeveloped (missing ribs, strange malformation on the skull) and I can't conceive of a situation where this individual could survive outside the womb for very long without medical care that we probably don't have in the modern day and age.
It is human, as DNA tests have confirmed that and its lineage, so I would wager the best guess is still that it is an aborted (probably miscarried) still birth fetus who was fortunate enough due to being in an incredibly dry area to be preserved very well. This is a rare occurance, the bones of fetus' and children tend to degrade very rapidly (much of bone tissue below about age 12 still consists of at least partially of cartilage, ossification continues in the long bones until sometime in the late teens to early 20s) in conditions which promote growth of bacteria in the remains, but despite being rare, it is not unheard of.
Edit: Stanford concludes it lived to 6-8 years of age. Its certainly a possibility, but it would be the most surprising result. I'd be less surprised if it ended up being an alien. Living for 6-8 years that small, with those types of deformities, I dunno. If it did actually live that long its a testament to the culture that provided and cared for its well being. The only possible way it could survive is if it was being cared for and protected, so maybe it did survive outside the womb for a time, was revered by a somewhat primitive culture as some sort of god like being or some sort of special being, and so they protected it and cared for it until it died naturally. I dunno. You see this in India a lot where children are born with horrible maladies and the Indians revere them as symbols of their deities.
All this is entirely within the realm of possibility, its just the likelihood of this thing surviving for 6-8 years, in a desert, without modern medicine and technology, seems very low. It would not be the first time, however, that such an event occurred.