Toledo Copper Share Discussion Threads

[squareroo] 30/9/2004 14:59

at least its heartening that you can sell 375000 and only buy 100000 at 1.85/2.13....zzzzzzzzzzzzzzz...

[made1686] 27/9/2004 21:25

we must have it now now i want the report now now two mounth,s late bad bad tcu now bring it out now

[el cuerpo] 26/9/2004 23:04

made1686 - 26 Sep'04 - 17:19 - 746 of 747


when is the report out then

When its finished!!!!!

Exploration is a long business ..........

[jollyjohn] 26/9/2004 21:22

From the Manila Times



Revive mining to create new wealth for RP–JDV

By Maricel V. Cruz, Reporter

House Speaker Jose de Venecia has come up with a 12-point proposal "to create new wealth" in the country, which in­cludes the revival of the mining industry and the estab­lishment of a Hong Kong-like enclave in Clark and Subic.

De Venecia's proposal hopes to drum up long-term foreign investments in the country.

With the country's mineral wealth estimated at $800 billion to $1 trillion, the Speaker said the revival of the local mining industry and a favorable decision from the Supreme Court on the matter would open the country's economic potential.

He said reviving the industry would attract investors from the United States, China, Australia and Canada and "would employ hundreds of thousands of people and create the beginnings of a tiger economy for the country."

He said the current fiscal crisis "is the greatest motivation for us to make this strategy succeed, because the alternative to failure would be unthinkable."

The proposal, which also includes major reclamation and reforestation projects, is a sequel to de Venecia's 747 Economic Action Plan in 2001, which the Cabinet "adopted in 2002 as a major component of the government's economic development blueprint."

"[The program seeks to] build an economic superstructure to sustain the continuing gains of the President's legacy program," de Venecia said.

He also proposed the exploration and development of more oil and gas wells in offshore Palawan, the development of Mount Diwalwal's gold mines, and strengthening of the information-technology sector.

All this would "build a major reserve of resources in the future," de Venecia said.

The Speaker is also proposing to relaunch a major reclamation program in Manila Bay, Cebu, Mindanao and Northern Luzon; undertake a massive program to promote tourism; create a national corporation to build airports, seaports, railways, dams, irrigation systems and expressways critical to economic growth; jumpstart the housing sector and spur economic growth by taking advantage of its multiplier effect; enable the poor to enter the formal economy through microfinance credits; organize a large-scale program of nontraditional high-value crops in farms and fisheries to create a new class and a new generation of farmers and fishermen.

[made1686] 26/9/2004 17:19

when is the report out then

[made1686] 25/9/2004 10:28

i bought because i have been they and i could not belive he was tiping a mine the people thought was being shut deliberately and would help them a lot if it was open

[squareroo] 25/9/2004 00:43

because it is tiny, very tiny and not on anyones radar.Its the best place to be because it is shares like this that do well.eg PCI years in the wilderness all of a sudden every man and his dawg!

[made1686] 24/9/2004 19:09

how come this share do not count for the enterprise investment schemes and venture capital trust shares do some one know old been,s

[thecynical1] 24/9/2004 10:44

thanks.....thought the PC was acting up again....

[el cuerpo] 24/9/2004 10:38

Not a sausage....... Blank.....

[thecynical1] 24/9/2004 10:36

el cuerpo....if you don´t mind me asking....are you seeing any trades in this ? or is my PC playing games ? thanks.

[el cuerpo] 24/9/2004 10:33

Bread and butter arrived jam later....

[thecynical1] 24/9/2004 10:12

morning all....am I missing something...I am not seeing any trades in this ? have I missed something ?

[unionhall] 24/9/2004 10:06

Looks consistent with previous RNS with the change being the actual signing of a sales contract. As I understand it up to now "negotiations were well advanced".

[chambeaj] 24/9/2004 10:01

Story keeps getting better.

[unionhall] 24/9/2004 09:58

RNS Number:3006D
Toledo Copper Corporation PLC
24 September 2004

24 September 2004



TOLEDO COPPER CORPORATION PLC



The Directors of Toledo Copper Corporation plc (AIM: "TCU") wish to advise on
progress of the Berong nickel project on the island of Palawan, Philippines.



A number of pre-feasibility and feasibility studies have been carried out by the
majority owners in past years and have outlined a total resource, at a cut off
grade of 0.9% Ni for limonite and 0.9% for saprolite, of 275 million tonnes at a
grade of 1.3% Ni and 0.074% Co. Contained nickel is 3.6 million tonnes.



Included in the above resource based on CIM Resource/Reserve definitions,
Canadian consultants Rescan and Nilsson estimated measured, indicated and
inferred resources of 2.117 million tonnes of 2.26% Ni at a cut-off grade of
2.0% Ni. A mining plan is currently being developed in this direct shipping ore
resource, which has potential to be enlarged.



A sales contract has been signed with a Japanese trading company for 250,000 dry
tonnes of direct shipping saprolite ore per year. In addition, discussions are
continuing with a second trading company for a future contract of a similar
quantity with the object of a steady build up to a mining rate of 700,000 wet
tonnes per year, equivalent to 500,000 dry tonnes of direct shipping ore.



The procurement of the necessary permits is progressing on schedule with
considerable support from the various government units following the Philippine
Government's declaration of major support to rehabilitate the mining industry to
its former state as a major contributor to the economy.





Chris Kyriakou

Executive Chairman

[el cuerpo] 23/9/2004 22:34

Let us know what its like, I am spending winter in spain, lovely people-

Patience on toledo.....

[squareroo] 23/9/2004 21:02

thats right! imagine if they get the copper mine going with out having to issue any more shares.I reckon at a cap of 50 million it wouldn't look over valued which is a least a 3 bagger!However thay normally move in big jumps and stay flat for months so timing is important.I am going to be very patient with this one.I am spending the winter in italy hopefully when i come back these will be at least 4p.

[saloch] 23/9/2004 20:44

bull and bear, watshot column states that as tcu are beavering away at capital raising activities, stock exch rules determine they cannot communicate with him, but he is on the case for any news S

[dollyg] 23/9/2004 19:05

well well well...loads more shares issued an zip change (relative)

this has got to be a 10 bagger with china predicted to peak next year
copper prices, high or low grade should rise more and hence TCU share price.

Even ignoring the nickle deposit....strong buy.

[bullandbear] 23/9/2004 16:47

what was the comments .. can you post?

[chambeaj] 23/9/2004 13:26

Bill (WatsHot.com) recommend TCU as a buy a few weeks back. His comments both then and today seemed pretty bullish to me.

[el cuerpo] 23/9/2004 13:13

Never rated his aimreview site, take his comments with a large pinch...
Great name snoopdog.

[snoopdoggywuff] 23/9/2004 13:07

Small mention on Watshot this morning, doesnt sound like the new guy is as big a fan as MWM was though.