WARNING, this share is so speculative do not even think about buying it unless you can afford to throw your money down the toilet.

The Group's principal activity is international mining development and investment. Toledo Copper Corporation plc was introduced to the AIM market on the 5th April 2004 via a Placing of 166.6 million shares at 1.5p each. The funds raised will contribute towards a feasibility study with Atlas Consolidated Mining and Development - a company based in the Philippines and quoted on the Philippine stock exchange. That study will determine if the Philippines-based Toledo Copper Mine, in which TCU has a right to acquire a 40% stake potentially worth 316 million US dollars, can be re-opened

There are 453.7 million ordinary shares of 0.01p each in issue.

Major Shareholders (as at 18th April 2004): RAB Special Solutions LP, 96,000,000 shares (21.16%); Resources Investment Trust plc, 77,000,000 shares (16.97%); Chrisilios Chris Kyriakou (Dir), 50,000,000 shares (11.02%); Sierra International Services Ltd, 50,000,000 shares (11.02%); Craggan International Ltd, 30,000,000 shares (6.61%); Golden Dragon Trading, 20,000,000 shares (4.41%); Wai Yip Investments Ltd, 20,000,000 shares (4.41%); and Hartford Investment Group Ltd, 15,000,000 shares (3.31%).

TCU Director Merfyn Roberts is an 18% partner in Absolute Resources LP, which holds 10,000,000 Ordinary Shares. The Company has also granted the Directors options to subscribe for a further 17,500,000 Ordinary Shares at 0.02p per Ordinary Share at any time up to the third Anniversary of Admission.#

cheerrs GF.

Taken from Uk-Analist.com the stockmarcket reporter Rumours & Shakers

"Shares in Toledo Mining jumped 0.75p to 2.625p on talk that a number of deals are set to be announced."

saint, I got into this share a number of months ago and have recently topped up. Thinking back to the price of copper and the rises since they floated I am resting easy that some contractural news will not be to far away and then the sp rises will follow.

watcher

saint and others, looks like the good news is spreading. A very big buy and look at the price. The company have started the move up the ladder now. Good news to follow.

watcher

Have a look again Watcher, more big buys? price still the same, not sure whats going on.

aldwickk, the company pushed out an e-mail some weeks ago maybe propoganda not quite sure but it was positive, might be on the back of that, it hit the right target, not to excited until the sp does the upward movement,

watcher

This maybe old news but just found it on the net, just having a poke around on TMC.


Atlas in talks with Chinese on reopening copper mine
Posted: 0:39 AM | Jan. 26, 2005


Inquirer News Service

printable version email a story write the editor feedback


ATLAS Consolidated Mining and Development Corp. said it was negotiating with Chinese mining groups on possible resumption of operations in its copper mine in Toledo City in the central Philippines province of Cebu.

It told the stock exchange the Chinese groups had expressed strong interest to participate in reopening the mine. It did not identify them.



Atlas also said it had approved an exit agreement with Toledo Mining Corp. in which the latter relinquished its rights to the Toledo copper project -- making room for others to come in.

A study by Behre Dolbear Australia Ltd. showed that reopening the Toledo Copper mine would cost $170 million, including the cost of putting up a 50-megawatt power plant.

At current metal prices, the mine would generate $150 million in foreign exchange annually, it added.

Three major open-pit operations were done at the Toledo mine over 39 years until Atlas closed it in the 1990s after a mudslide and amid continuing financial losses. Atlas mined about 667 metric tons of ore in the Toledo mine.

Toledo Mining said it would focus on nickel projects -- a new prospective undertaking for Atlas -- in the island of Palawan, southwest of Manila, in which Atlas has substantial interests.

Atlas has a 35.2-percent interest in a nickel project in Berong town in Palawan, diluted from 46 percent; and 42 percent in another nickel project in Ulugan town.

Toledo Mining said it would invest $3 million in development of these projects. Australian-listed holding firm Investika Ltd. earlier gave $1 million in funding.

Investika has a right to acquire 10 percent of Atlas' stake in the Berong project, which is said to contain about 275 million tons of nickel.

Discussions are underway with Japanese ferronickel smelters on developing the first stage of the project, which may start this year. With INQ7.net



http://money.inq7.net/topstories/view_topstories.php?yyyy=2005&mon=01&dd=26&file=4

wilbs

The thing is did we shareholders get a good deal out of the exchange?

Also does Golfinger still hold these?

aldwickk obvious point from today, is that the buying has been immense comapared to the selling and the sp hasn't moved up... i think the MM's have been caught pants down a touch and there is only a little time longer and we should see blue in a big way..

watcher

another good buying day for this share, got be going blue again soon

watcher

copper price at its highest point and potential is growing for the sp to move into the blue. mining stock on the up as a sector it won't take long :-)

watcher

TMC has no interest in copper any more. They have sold their copper interests so as to concentrate on nickel. dyor

regards

Tangle

watcher,

I think you need to do some research on this share, TMC are in for NICKEL, not copper!!!

this has to be the worst performing mining share in the recent rally???

take a look around, there are so many moving upwards, yet TMC remain static!!!

Aimtrader,

It's early days for TMC, they have only just started Nickel mining.

thats what you get for leaving things alone, red faced and hopefully guided by the friends you gain along the way... take your eye off the ball. No comment apart from thanks..

RAB Capital plc
10 March 2005


FORM SAR 3

Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.
A copy must also be sent to the company the shares of which are acquired.

Date of disclosure

10 March 2005

DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')

Date of acquisition

09 March 2005 ..................................................................

Acquisition in (name of company)

Toledo Mining Corporation PLC...................................................

1. Class of voting shares (eg ordinary shares)

Ordinary Shares.................................................................

Number of shares/rights over shares acquired

18,250,000 Shares...............n/a .........Rights

If rights over shares acquired, as opposed to the shares themselves, specify
nature of rights

................................................................................

2. Resultant total holding of voting shares (and % of total voting shares in
issue)

144,150,000 21.40%

Resultant total holding of rights over shares (and % of total voting shares in
issue)

....................%

Total percentage

21.40 %

3. Party making disclosure

RAB Capital plc...............................................................

4. (a) Name of person acquiring shares or rights over shares

RAB Capital plc.................................................................

and, if different, beneficial owner

................................................................................

(b) Names of any other persons acting by agreement or understanding (see SAR 5)

................................................................................

Signed, for and on behalf of the party named in (3) above

................................................................................

(Also print name of signatory)

Neil Warrender..................................................................

Telephone and extension number

020 7389 7015...................................................................

Note 1. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding
of or acquisition by one person. Note 3 on SAR 5 requires persons who
must aggregate holdings to disclose certain disposals.

Note 2. The resultant total percentage holding of voting shares and rights
over shares is to be calculated by reference to the percentage held
and in issue outside treasury.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section. Tel. No: 020 7638 0129.
Email:
monitoring@disclosure.org.uk


This information is provided by RNS
The company news service from the London Stock Exchange

bit of excitement here again.has everyone else sold out?