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.

chart is looking a bit soggy albeit that volume is muted ....... would not like to see sp falling through 50 dma; at least rsi is now undemanding

I do feel that those of us that are shorting this stock should be invited to the party. After all, if it does get to 20, then we will be the one's that will be paying for it!

oilyrag did you book the table for dinner in Monte Carlo today?

Apparently something in today's Express to say "predatory interest talk lifts Toledo Mining...". I've not seen the article - just read this snippet in news roundup. You could be onto a winner here!

not impossible, but volume has been unexceptional at best for the last couple of days

Zak Mir (expert on Charts) has just posted this on ShareCrazy today:-

An end of day close above the 50 day moving average at 14p and a weekly close through the January intraday high of 18p would "confirm" that a major base has been made, and that we could see substantial gains.

http://www.sharecrazy.com/ubbthreads/showflat.php?Cat=&Board=FreeBB&Number=299265&page=0&view=collapsed&sb=5&o=&fpart=5

great chart too .... I don't think!!

Chart pattern bodes well given large volume of late, imo.

it's sure got a hell of a way to go to reach its past glories of 400-500, though i grant you, if you take this level and volume in its own right, there may be something to gamble for

good post/chart, that's an interesting volume spike. I'll take a look in the morning, Zak is a very highly respected chartist so his involvement and comments do bode well for the stock. Thanks.

maybe, but for what it's worth, i just looked at the trades here for today and they are almost exactly matched ..... that said, there was a block of 425k sold mid morning, though that seems to have been quite easily absorbed

cynic....I traded these last week from the bottom at 11p to 17.75p and got back in at 14p this morning. The 425K trade imo was a delayed buy and a closer look at the daily volumes over the past ten trading days will show that someone has been building a stake here. There is free float imo of only around 2 million shares now and there was a big squeeze on in the morning when the buys were going through.

Good start today. The volume build up over the last 2 weeks is continuing.

Treacle, i'm sorely tempted theirs rumours of a bid in the air?
Made good money from these in the past.
cyril

talk of ENK buying the rest of the shares, they bought 19% at 200p apparently. Volume suggesting something is going on in the backgound which may boost the stock. Vastly oversold this year given they have no debt, huge JORC resources and 4 million in the bank yet are only worth a little more than this!! Crazy times these.

Just bought in, i feel this is near bottom?
cyril

Topped up just now with 16,640 shares at 14.50p and was so hard to buy in size!

from Sharecrazy:

Zak Mir a big fan and thinks they could surge if they close over 18p at any stage, incredible value to be had:


Current price is 9.5p but let's look at the facts:

Cash per share looks to be around 60p given they are receiving payments for Nickel already shipped the breakdown is:

Atlas 3.32m
Brooks 3.58m
BNC 2.81m
Bookker 4.1m

Thus total Cash: Receivables 13.81m + Cash 4.7m ($7m) = 18.51m

So Toledo has a market cap of 2.8m yet they have 18.51m in cash and receivables plus a majority stake in the worlds 3rd largest Nickel mine. This is quite possibly the biggest bargain of all the bombed out small mining stocks. The directors last bought sizable stakes around 150p and all hold good sized amounts. Look here for more info and see what a stunning investment TMC are:

http://www.toledomining.com/uploads/Presentationsept2008.pdf

the market clearly has other views.
not only has sp languished around 8/10p level for some time, but there is also a pretty nasty resistance just a penny or two higher where 25 and 50 dma have a strong and running convergence
even the trade volumes are worse than pathetic - just 55k on friday

550000 i believe:
free stock charts from www.advfn.com