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.

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

you're right ... i missed a zero ... sorry .... but the chart is still total shit!
frankly, i put no value in anything from advfn, and the chart you show is pretty much meaningless .... all adds up to a pile off worthless hype

Yes, looks like this could move up strongly from here.

Toledo battens down the hatches and looks ahead for better times:

It is hard to believe just how far former stock market star Toledo Mining (LSE:TMC) has fallen over the last 18 months. The stock was once valued at an amazing forty five times its current market value but a closer look and it appears Toledo may not be the basket case the market values it at.
Certainly things are tough for the sector but as highlighted with the recent operations update, Toledo isn't necessarily dependent upon the once booming Chinese market and instead looks towards mining giant BHP Billiton (LSE:BLT) as its main source of income. Indeed Toledo has an agreement with the giant BHP to deliver upto 500,000 tons per annum of nickel laterite with an option to extend this until 2018. More favourably for Toledo is the fact that they can supply BHP with their huge stockpiles and so don't have to mine until at least the second half of 2009.
The management have to be applauded for their pre-emptive moves last year in closing down their mines and laying off nearly all the workforce to cut overheads and all capital expenditure beyond necessary maintenance has been stopped.
On the financial side of the business again it would appear the market is overlooking Toledo's fundamentals. Toledo has around its current market value in cash alone with Royalty payments due this year from several sources including Atlas Consolidated Mining and BHP Billiton.
Therefore Toledo appears to be in a much better position than the market is giving it credit for and whilst never likely to recapture former highs it certainly looks an interesting proposition given just how much it has fallen.

*The author owns a small stake in the company

sp has hit that 25/50 dma resistance ..... now is the time to watch

Some more good news today for TMC with Atlas shipping a large quantity of copper to china:
http://www.abs-cbnnews.com/business/02/10/09/atlas-completes-second-shipment-china

what's copper got to do with TMC, or have i missed something yet again?
i was under the impression that TMC was a nickel mining company that had just minimised operations, ceased capex, and sacked 600
doesn't sound much like a company forging ahead to me

Kate, the copper is proberbly from the mine TMC swopped the nickel deposits for. They are nothing to do with TMC.

Berong from memory was the 4th largest nickel deposit in the world and Celestial was about 17th. So unless all the others have shut down, I find it hard to believe that TMC hold the largest two.

bit slow here, Atlas owe TMC $5 mill first tranche due in April. There was concer they would be low on cash to pay Atlas (this was the derampers theory ;-o) Hence good news for TMC today.

no stopping this now, people awaking to how much cash and assets TMC actually have. Going back to more realistic levels of 50-75p, just watch.

a good break out, if it can hold, but don't allow yourself to get carried away ..... the cap is minuscule and almost assuredly very illiquid, so watch out

Looking at trades closely, it would appear that this is being pumped so that someone can dump in large quantities above the market norm for this share.

Most sales PM are 20 25 or 30 thousand blocks. If this is so good and is going to rise to suggested levels, why sell now?

I havn't done much research lately on this one, but IMHO there isn't much to get excited about. This had a very similar pump and dump about a month or so ago.

Be careful and do your research, I for one will not be buying. Good luck to anyone that does.

Begining of Jan this year pump from 10.5p to 16.5p, which then fell back to 8.5p.

current spike is a mirror image of the last one. Go to charts, enter TMC and set it to 2 months and you will see exactly what I mean.

oily so no lunch in montecarlo at your expense this year! Didn't you ramp this one when it went to 5?

Kate,
Off the top of my head, cash 3.3million about 11p per share.
BHP not increasing their contract to 1 million tpa.
In fact next year they are to reduce to 400,000 tpa.
Chinese market dead and not cost effective.
Work force laid off.
Too long shutdown each year when seas to dangerous for loading.
Dangla road a no go.
Loading tressle scrapped.
Stock pile at docks lower grade than expected.
MPSA for Berong still outstanding.

I agree that once nickel price recovers and Phillipine govt get off their backsides and start to back the mining industry instead of turning them into market gardeners by making them replace more trees than they dug up, etc, etc.

For now there isn't enough growth for TMC in the forseeable future to intrest me.

Yes halifax I did ramp this when it had a lot going for it.
Since then its been one failure after another.

oily who owns most of TMC nowadays? Maybe they have plans while the sp is so cheap?

Dont really know other than that ENK, European nickel bought 19% from C.K. about a year or so back.

As per their website holders over 3% are;

European Nickel 19.3%
RAB Capital 9.2%
TPG Axon Cap Man 6.5%
Barclays 5.9%
FMR LLC 4.9%
AXA SA 4.7%
Mr Alfredo Ramos 4.4%
MF Global UK Ltd 3.9%
Man Financial 3.9%

This is 62.7% of all shares held.