I have created this new thread so that anyone who is interested in attending a celebration lunch, day out, whatever to celebrate TMC's share price reaching 20, can register their interest and voice an opinion on what they would like to do.

When,.......Obviously timing is not yet known.

Where,......Somewhere pretty central to most posters.

Who,.........Is it just investors, or do we include other halves.

What,........Theme park, slap up lunch, piss up.

Any ideas, put them forward on this thread and we can all openly discuss options and formulate a day of celebration.

Goldfinger, I feel that that is already priced in. Is there any new news about further shipments? This, in my view, may have a bearing on further enhancements of the SP.

a nice run back to 200p would have done me, expect it will be taken out shortly though.

kb nice ramp so far keep it up!

silly comment halifax, been here a long time, It's only worth about 13 million so expect it to run back up fast. Nice when value starts to be outed, read through the thread by the way. Have a pleasant weekend all.

or down!

kb keep ramping don't you remember when oily pushed this one up to 5, hence the heading,still waiting for that free dinner in Monaco!

halifax, thanks but I cant actually accept credit for that as I am only a small PI investor.

looks like Halifax has sold out and is now going to miss the big rise! Silly little boy. I put people onto CFM at 5p and it trebled, TMC will do much better, 200p target ;-)))

Sold out of Rift after 3 years with last weeks take-over and used the proceeds to buy more TMC..I'm top heavy now,

200 may be achieved, but you may have to wait another 3 years!
whether or not there is any immedaite steam left in sp remains to be seen.
at least there are signs that demand for stainless steel, and therefore nickel , is beginning to pick up again

600% gain in 3 years will do me ;-)

kb keep ramping we need to have a rise in the sp with all the bad news around. Interesting that Chris Kyriakou bailed out of this one some time ago.

Being sold down this morning.

he never did, he sold a stake to ENK!!

Keep trying to deramp halifax, not really working is it?? See you at 200p - where i'll have made a million here - been here from near the bottom and kept unlike yourself who sold out and has now started to miss the big run, must be hard watching this for you now! xxxx - 4 kisses blown to you ;-))

kb read RNS dated 23/5/08 advising Chris Kyriakou sold his total shareholding to ENK for 2 per share, lucky clever guy!

very good development happening here as soon as egm vote through, keep em peeled. Just done 300% on CFM so more funds available for this one. Just to let the ill-informed in...

http://www.miningweekly.com/article/china-iron-ore-output-soars-steel-at-record-2009-07-17


Wonder how much of that stuff will be converted to stainless??? Nice.

5 bags from here by year end.

TMC (34.5p) From Minesite:-

July 21, 2009

Toledo Mining Brings Some Influential Friends Onto Its Share Register, As It Presses On With Plans To Leach Nickel Ore In The Philippines.

By Alastair Ford

"Every year, whether its recession or boom time, once or twice a year the window opens to raise money, and when it opens, youve got to go through it. So says Reg Eccles, the man who sits at the top at nickel laterite specialist TOLEDO MINING these days as acting chairman, after former chief George Bujtor stepped aside in April. Reg was a banker at SBC Warburg and ABN Amro, and has put in time at Consolidated Goldfields and Anglo American, so he knows a thing or two about markets, metals, and money. He seems comfortable at the top of Toledo, while acknowledging that at some stage the company will have to appoint a new chief executive to run things directly. But following Georges departure Toledo hasnt looked in a hurry to appoint anyone to take his place, and it seems to be getting on okay without one. Its partly a matter of cost. But for now at least, new moneys coming in, through the latest fundraising, organized by Reg and the other non-executive directors, and through the resumption of the direct shipping of ore to the Yabulu refinery in Australia. So, no need for a new chief exec just yet, but once development work on processing ratchets up at Toledos two major projects in the Philippines, there will probably have to be an appointment.

When the parting of the ways between George Bujtor and Toledo came, the official line was that George went off with the companys best wishes to seek new challenges. So its interesting to note that some months on hes still knocking around in the vicinity of the Toledo projects, now in a new incarnation as consultant to Toledos joint venture partner, local Philippine company Atlas Consolidated Mining & Development Corporation. Yes, it seems George still has faith in the assets, and, what with the nickel price showing steady signs of improvement all year, it cant have been because he thought the economics at the flagship Berong project were under pressure that he left. Indeed, less than two months after hed gone the company had resumed direct ore shipping and was busy loading boats, even if it was only from stocks built up before Berong was placed on care and maintenance.

But as Reg Eccles says, direct ore shipping from Berong was always the second prize to value added. By which he means that the long-term future for Toledo lies not simply in waiting for nickel to go high enough to make it economic to load the mineralized clays straight onto boats, but in processing the ore on site in some fashion.

The question as to how exactly that process will be undertaken is one that Toledo has not yet made a definitive choice on. George was known to favour agitated leaching, but following a deal done at the height of the boom, heap leach specialist company European Nickel now holds a significant stake both in Toledo and directly in Berong. With George gone, that seems to tip the balance in favour of European Nickel and heap leaching. But it doesnt end there. Toledo also has a memorandum of understanding with the Jiangxi Group, the parastatal mining and metals company of Jiangxi province, China, for off-take and project investment, and Jiangxi too are known to favour heap leaching at Berong.

Meanwhile, on the other side of Palawan island, Toledo is continuing work on the Ipilan project in whcih it holds a 52 per cent interest. Ipilan boasts a JORC resource three times that of Berong, and is part of a still larger geological resource, the balance of which is owned by MacroAsia, a company in the Lucio Tan brewing, tobacco, property, banking and airline empire. Toledo has a memorandum of understanding with MacroAsia to investigate jointly developing these two contiguous properties, and Toledo rigs and staff are currently assisting MacroAsia in a drilling campaign. At this time, Reg says, no decision has been made as to the optimal route for processing Ipilan ore, but he could envisage it being a different technology to the heap leaching preferred for Berong.

Before definite decisions can be reached though, more work needs to be done at Ipilan and more resources need to be booked at Berong. To that end Toledo is currently in the process of raising 3.24 million in new money via a placing of shares at 28p each. European Nickel wont be participating this time round, but given that it has a direct stake in Berong it doesnt need to maintain its stake at the top level to maintain its influence. Toledos largest shareholder Daintree Resources will increase its interest, however, and joint owner Jason Cheng is joining the Toledo board. Daintree is said to be supported by some very heavy hitters in the mining and investment worlds, and although for the time being its not clear exactly who this might be, its interesting that Jason Chengs trail leads back to Ancora Capital Management, an investment company with which former JPMorgan Resources specialist Ivor Orchard is associated.

Also coming on to the register in a big way is Kostyantin Zhevago, the chief executive and major shareholder of iron ore producer Ferrexpo. Reg explains that Mr Zhevago has plans to convert a ferromanganese plant that he owns in Macedonia into a 5,000 tonnes per year ferronickel plant with potential for expansion, and that hes looking around for source materials. One factor in Toledos favour here is that Ferrexpo ships go to China loaded with iron pellets, but currently come back empty. It might make a lot of sense if they were, in future, to return laden with ore from one or more of Toledos projects, or even, conceivably, a mixed hydroxide product. With heavy hitters like Mr Zhevago, European Nickel, and Daintree backing Toledo, the future looks fairly secure from a corporate perspective.

But a lot hangs on how the Berong ore behaves in a heap leach operation, and before well get more details on that, Toledo needs to thrash out just exactly what kind of deal its going to do with European Nickel to find out. For more on that watch this space.

all of which implies that definitely no hurry to jump on board ...... far too many unknowns and dependancies

Moving up nicely.

so are all other commodity shares - e.g. POG, RIO and KAH