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.

Gf,

I hope I'm not being petty. All I'm trying to do is point out some inconsistencies in your approach. You claim you are a value investor but most of the stocks you tout are high risk. BPRG was (and is) a shockingly high-risk investment, as indeed was RAB due to the fact that it was a recent issue and very illiquid.

I also seem to remember you saying that IMG was still a good long-term investment but then almost the following day you sold the lot. So I ask you is IMG a good value investment with an increasing EPS or not??

Don't get me wrong, we all need to move with the market and I do accept (as I mentioned before) that your posts are informative and well researched, but you must accept surely that you did use these boards to pump up interest in RAB and some other stocks. Come on admit it, it was on every board with a prediction of doubling in value short-term....!

This particular share (TCU) is closer to the horses than to an investment. OK, high risk, high rewards, I accept that, but many of the many thousand of people who access these boards do not necessarily appreciate this. All they see is an experienced investor posting a lot of info saying that this or that share is undervalued and has great potential.

You know the score in this game. The professionals always win and the amateurs get screwed. Maybe youre right and those first time-investors do deserve it because they havent done their own research. Personally I think thats bollocks and deep down I think you do, too.

Having said all this, Ive just posted a recommendation that someone invest in Bur. Perhaps its just the slippery slope that many hours looking at a screen and thinking about money brings about?

salford - nicely put.

I think BUR has a slightly better chance than TCU of making punters money though.

Another good post salford.Thanks.

Sorry Salford but you havent given one little bit of evidence and if in fact if you did I am sure it would be well out of order.

Fact is that cowards like yourself never ever put forward any recommendations, lets face it you dont have the balls, and thats the truth.

And heres the evidence, not one share recommended by big boy salford, what a coward you are. Run away from little kids do you????????????????????.

Your PATHETIC and heres the evidence, lets start showing the evidence on NANCY BOYS like him............




Search Results


Started by Topic EPIC Creation Date Articles
#

goldfinger TOLEDO COPPER, One Heck Of A Speculative Share, But It Might Just Come Good.
TCU 29/07/2004 77

scenicroute Whats Happening To Coffee Republic
CFE 14/07/2004 2

pwmiles Burren Energy -- Turkmenistan, Tankers and the Congo
BUR 12/02/2004 50

scorpion Bioprogress
BPRG 13/08/2003 777

mickeyskint OILS are they a gamble or an investment
HRN 3/08/2004 3


Yes think you know what i am getting over about the little man.

Sorry Gf,

Can't follow your logic.

I just tried to make a few considered points. If I'm wrong, please let me know in what way. No need to call me a 'little man' for expressing an opinion.

Your post above, and a few others before, are bordering on the insane. I honestly think you're lost in cyberspace, building your empire of 's and respect, which are really one and the same to some.

Anyway, not posting again, no point really.

Only reason I spoke up is for those that are in the poor house ... but as you say, maybe they deserved it.

Great salford see you.

Just reread your post with the accusation of 'no evidence'.... so my recommendation is (for the coward) BUR.

Let's see how we go in respect of TCU - might even post next week on the difference. After all Bur is a good value stock and TCU ... well, tails you win....etc...

Im deeply upset that I have upset you salford, I did not wish to do that. My sincere appologies. I hope that we can put this behind us and be freinds.

regards GF.

Gf,

Lost on the insanity of it all.

Yea, I love you too, and by the way have you seen by hairy backside.

Is goldfinger a conspiracy. What do you think? Are we speaking to a person or to a group - possibly a group of madmen, or a group of moneymakers??

Funny, I came to this board thinking I could relate - give and take if you like. Now I see that it's all contrived. Big (huge) stakes at issue, people who would sell their souls for a bit of profit.

I know it's late but I've just realised we'aint got a f***ing clue who're speaking to on these boards.

Yea, OK, me dad's got a view. Let's post it as Salford. OK buy chips today, eggs are out the question ...EPS and yeild an'all.

What is a value investor promoting a share like TCU - Can't you see the double-standards.

What do you think folks??? Who's posting and who's real.

(EDITED MONEYAM)....apologies for the language but just realised the conspiracy.

Goldfinger/Salford,

We seem to have spilled over late last night into personal abuse from both sides - any further infringements will result in 24 hour loss of Bulletin Board access.

Regards

Ian

I know this is a specltive share but some were purcased in May when the price was under 2p.
I am aware of this is why the were bought initally RE: the were fetured in penny share foucs for that mth as highly speclitive (only for widows &orphens ) it was the same when I purchesed griffin mining off the same sheet & they came good but had to wait almost 2 yrs for them to show growth of any kind lets see if they do the same.
we can do without comments of dome & gloom even if they may be true at present!!

If the Nickle mine aquisition in Palawan is genuine and I cannot understand how...Then this share MUST rocket.
Of that there is no doubt.
Thing is..Why has Atlas sold its crown jewels so cheaply??
The nickle alone is worth around 14 billion.

Over to you Goldfinger/slater, Why?

Just wait and see. I have flagged it up as very speculative. Nowt more I can do the rest is up to you. See header top.

You could be left with nothing yes I admit, but then.........

cheers GF.

Looks like some big buying going on here.

cheers GF

Only a few small trades showing on my monitor.

Yes CW.

well here is some news for you. its monday already over here.


Monday, August 16, 2004

Reopening of Atlas a '70 percent probability'

By ALEDEL G. CUIZON
Sun.Star Staff Reporter

TEN years ago today, Atlas Consolidated Mining and Development Corp. (ACDMC) shut down mining operations in Lutopan, Toledo City.

The company was one of the worlds largest copper suppliers, but low copper prices, labor problems and ballooning debts forced its closure in 1994.

ACMDC stopped operations and was unable to give many workers their separation pay. It also incurred huge tax debts with the Toledo City Government.

Now, ACDMC has an agreement with a foreign company that might bring back mining operations either late this year or first half of next year.

But money is still the biggest factor. The company needs at least US$120 million to rehabilitate. The amount does not include yet the companys arrears, obligations to creditors and taxes.

Resident manager Rodrigo Cal told Sun.Star in an interview that there is a 70 percent probability for operations to resume.

Cal said that even with its current situation, the company still has a lot to be thankful for.

We are thankful that after 10 years, the company survived. It still exists as a mining company although mining operations are suspended, he said.

ACDMC has signed an agreement with Toledo Copper Corp., which intends to revive mining operations.
Toledo Copper, a company listed on the AIM Board of the London Stock Exchange, agreed to invest $28 million in exchange for a 40 percent interest in ACMDCs copper mine.

An earlier statement from the company said the revival of the copper mines could mean export earnings of $2.2 billion over 20 years.

Toledo Copper and ACMDC have just finished a feasibility study, which determined the current situation of the company and if it could still function.

Raw quotations, including those of imported equipment, were used. The study will be shown to potential investors.

Rehabilitation, however, will not cover all of ACMDCs mining facilities. It will only be at the Carmen underground. There will be no more open pit mining.

According to Cal, open pit mining is costlier than underground mining. He pointed out that underground mining can operate at $0.60 per pound of copper while the open pit would operate at $1.05.

Demand up

Cal said there is still a substantial amount of copper ore in the mines. The Carmen underground alone has 132 million tons of copper ore.

He said the demand for copper is high these days, with China as the biggest market. The company is also negotiating with Japan, which used to get its supply of copper from ACDMC.

Copper price in the world market is $1.30 per pound. In 1994, it was just at $0.60-$0.65.

If the company gets back in business, it would need about 3,000 employees. Cal said that although old employees will be rehired, new blood will be infused into the operations.

Compared to the thousands of employees the company hired before, ACMDC currently has 235 employees.

There are about 170 security guards, who, on a limited budget, secure company premises that span about 3,000 hectares. Other employees are in the administration building and the maintenance department.

Company property includes 700 hectares of mines. The rest are residential, buffer zones and reforested areas.

In its heyday, the residential area inside company premises looked like a small town. It had a school supervised by the De La Salle brothers and a 99-bed hospital complete with facilities.


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cheers GF.

golfinger should be praised for almost deramping this share i.e.see WARNING
at top.