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.

Have had some for quite a while but I now feel that it is about to blow, some idiots selling though.

Morning all,

Very quiet here, remember what I said 10 days ago ??

why is this racing ahead??

licencing news imminent. see advfn thread

All the pieces to the jigsaw almost in place, only small amount of free float, the herd is arriving and we will see this sp at least double very rapidly...

PCSD approved, watch this fly now.

Palawan nickel mine gets LGU approval

By MELODY M. AGUIBA


The Berong nickel project in Palawan has obtained an endorsement from the Palawan Council for Sustainable Development and is set to complete an environmental compliance certificate (ECC) in order to start operations by the first quarter of 2006.



Ramon Antonio L. Flores, resource data manager of TMM Management Inc., managing company of British firm Toledo Mining Corp. (TMC), said the project has also obtained free and prior informed consent (FPIC) from the indigenous people (IP) Tagbanuas and an approval from the National Committee on Indigenous People (NCIP).

Getting these requirements made it closer to the goal of operating the nickel project in the next three months for which it is investing $10 million.

"It will just be for direct shipping at first," said Flores who stressed TMC may eventually decide to put up a nickel processing plant in the site once it finds such operations feasible.

TMC which is in joint venture (JV) with listed firm Atlas Consolidated Mining and Development Corp. (ACMDC, 60 precent stake) in Berong has been busy constructing and rehabilitaing access roads and a small pier to be able to ship the metal soon. The deposit is 17 kilometers away from the coast.

Estimated to have mineral reserve of 275 million tonnes, the Berong nickel project is eyed to produce an initial 400,000 tonnes on the first year which will be upgraded to as much as one million tonnes per year over a 15-year mine life.

The ACMDC-TMC joint venture is set to sell the ore to Japanese nickel smelters as it has an agreement to supply Nippon Metals and Alloy INc. 300,000 tonnes per annum of direct shipping ore at 1.3 percent nickel while it eyes to ship high iron material to Australia.

While preparing for the startup operations, the ACMDC-TMC joint venture is continuing to conduct exploration within the vicinity of the Berong project which actually covers 10,659 hectares on four properties (Berong, Moorson, Long Point, and Tagkawayan).

Estimate of Berongs deposit at 275 million tonnes at a grade of 1.3 percent nickel and 0.074 percent cobalt is making it one of the worlds largest unexploited nickel lateriate deposits based on 2,069 test pits at 300 meter spacing.

Wishing to be listed with the governments 24 priority mining projects, company officials believe the projects operations can be accelerated given a better priority rating which the project appears to deserve considering its vast mineral potential.

Projects within the Department of Environment and Natural Resourcess priority projects are assigned regulatory officers that look out on speeding up permitting for the mining operations.

stewart3250 - 12 Dec 2005 15:38 - 200 of 200
PCSD approved, watch this fly now.



Hi stewart - must say I have every faith that this may now be one of the "better" AIM plays to be in, over the next few years.

Been holding, and topping up on the dips, for over a year now. Looks like this is just about ready to get very interesting indeed.

Good luck to all L/T holders.

goldfinger - 29 Jul 2004 00:59
WARNING, this share is so speculative do not even think about buying it unless you can afford to throw your money down the toilet.



goldfinger - if you're still about, maybe the above comment should be ammended to reflect the fact that TMC are fast becoming a lot less risky.

TMC are looking a far better buy now than when the thread was first started imho.

Important rns confirmation this morning,should wake up now.