20th Oct 2006 - Media Bid Comment : Link to Hemscott Article Click Here


8th Oct 2006 - Mineweb Article : Link Click Here




Web Site : http://www.monterrico.co.uk

Major Shareholders :

Framlington 9.05%
ISIS Asset Mgmt PLC 8.44%
Raymond John Angus 5.59% (Director)
Lehman Brothers International (Europe) 5.40%
Christopher John Eager 4.96%
AMVESCAP PLC 4.56%
Frederic Zachary Haller 4.28% (Director)
Aviva PLC 3.50%
Allianz AG 3.08%

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Broker Recommendations :

Fortis Private Inv Mgt 15-09-06 BUY
Collins Stewart 14-08-06 BUY
Hargreave Hale 18-05-06 BUY

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Shares in Issue

26.31 million

If the links do not auto open the player on clicking, then open WM or RP and then copy and paste the link into the "Open URL" function.


Interview With:
Richard Ralph CMG, CVO
Executive Chairman

Dated September 14, 2006


Listen with Windows Media - Link Below :
http://www.wallstreetreporter.com/uploaded_files/2006/September/14/wma/MonterricoMetalsPlc.wma

Listen with Real Player - Link Below :
http://www.wallstreetreporter.com/uploaded_files/2006/September/14/ram/MonterricoMetalsPlc.ram
______________________________________________

Director Trades :

Director Buys :

21/12/2005 R Angus BUY 10,000 @ 376p = 37.6K
21/12/2005 C Eager BUY 5,000 @ 376p = 18.8K
20/09/2006 Frederick Haller BUY 10,000 @ 167p = 16.7K

Let's hope so - next stop October then :-)

Strong day today, lets hope more of the same next week.

A post from TMF today - http://boards.fool.co.uk/Message.asp?mid=10197041


"I received this note from my broker this morning. It's a BUY recomendation from Numis Securities with the heading:

WHY IS NOBODY BUYING THIS SHARE?

Morning Meeting Note
29 September 2006

World-class copper project at Rio Blanco advancing towards feasibility study completion

Feasibility study: Key details of the Rio Blanco feasibility study on operating and capital costs should become available to the market in the next two to three weeks. These details are being confirmed by independent consultants to the project.

Management: A management reshuffle led to the resignation of Chris Eager and Robert Guy. The new chairman, Richard Ralph was previously the British ambassador to Peru endorsing the project in diplomatic terms. Jeff O'Leary, formerly head of mining M&A at HSBC is also a director. Jeff's technical endorsement gives us great confidence in the quality of this project and confirms our belief that this is a world-class quality copper project.

Market selling: many reasons are given for market selling we believe these excuses are largely unwarranted and should not present significant reason to sell the shares.

Farmers local farmers may show some opposition to the mine, but the absence of settlement in the region and little farming activity should provide little opposition compared to many other areas.

Change of government - the recent change of government appears to have returned Peru to pro-mining governance. Boarder area many mines operate near to sensitive boarders around the world. This is an issue, which rarely stops mining activity.

Other projects: management should spin out the other projects in the Monterrico portfolio, which may distract the team from progress on Rio Blanco where the most immediate value should be gained.

Conclusion: We are raising our target price to 607p from 476p due to our higher long term copper price of 150c/l from 140c/lb. In reality we believe the Rio Blanco copper project has far greater value than our target price suggests. This is a world-class copper project along the size of Antofagasta's giant Los Pelambres project and is a company-making project in our view.

BUY

Target upgraded to 607p from 476p

Current share price 173p

Target Price 474p

Market Capitalisation 45m

Current share price(s) timed at 4.30pm on 28/9/2006

I will be picking up some more."

Thats one bit of news from the Numis note, along with the new CEO appointement due October :

"Feasibility study: Key details of the Rio Blanco feasibility study on operating and capital costs should become available to the market in the next two to three weeks. These details are being confirmed by independent consultants to the project."

I'm definitely expecting this to be a star performer in my SIPP. A relatively small holding, but a return to 5 would be nice. ;-))

Looking strong, actual bid being offered is above published mid price.

On line its :

Bid 195p max 10,000

Offer 197p max ONLY 100

Buy orders to be filled it looks like (not forgetting plenty of news due this month)

A very nice read here from 8th Oct 2006 Mineweb article on MNA.

http://www.mineweb.net/junior_mining/255324.htm

Excellent article PapalPower.

Very interesting read Papalpower - thanks

TOP PERFORMING FUND ADDS MORE MNA 'on weakness'.......

Stellar growth sees Old Mutual fund top sector

by margaret taylor


Group's top-rated smaller companies team produces almost double average sector growth over three years

Daniel Nickols' Old Mutual UK Select Smaller Companies fund topped the UK Smaller Companies sector over three years to the end of August, growing by 111.97% bid to bid against the average fund's 69.48%.

According to data from Standard & Poor's, the portfolio was the second top performer in each of the three discrete years under examination, having returned 18.26% against 13.45% between September 2003 and August 2004, 40.88% against 31.02% during the following 12 months and 27.23% over the final year.

Looking at recent portfolio activity, Whiteoak said he added to a number of positions on weakness with Monterrico Metals, Paragon, Rensburg, Titan Europe, Imprint, Punch Grapix and Playtech among them.

"These companies all appear to have strong trading backgrounds and undervalued share prices," he said.

read full article here >>>>>>>>>>>>>>>>

http://www.investmentweek.co.uk/public/showPage.html?page=348650

Fill your boots at these levels.....I hope!

Nice to see it tick up on a 5K buy earlier

Nice start to the week.

L2 now 2 v 1 @202/210

Another good day :)

L2 now 2 v 1 @213/222

Good strong finish to the day, at this rate 270p end of the week is possible.

;-))

I got in at 300p so 270p by the end of the week would make me feel a whole lot better than I have been of late!

I got in at 171p and 180p for my SIPP according to these records. Don't you just love divergences of price and indicators coupled with volume?

;-))

200K X trade.

Big buyer is around, is it a potential bidder ?

Some chunky buys going through, 200K is half a million pounds.