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.

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.

oilyrag you fail to see what others have found with TMC: They are trading at hugely below cash/cash receivables, ENK own 20% and the rumour is they are to launch a takeover, the sector is back in favour and flying. TMC worth much much more than current price, just watch them recover as the markets do - although granted when will that happen!! Much better prospects than you make out:

Current price is 13.75p 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.

kate ... you're almost pissing against the wind - though i guess that is somethimng you girlies do not need to worry about greatly ..... what is the current price of nickel? .... how does that compare to a year ago? ..... what is remotely bullish about the latest RNS?

cynic, little point in trying to explain fundamentals to you so I'll give up! Can you please find me another company though that can ride out the recession with close to 4 times its market cap in cash and a majority stake in the worlds 3rd largest Nickel mine??? I'm all ears ;-))))

wonder why ENK paid 200p for 20% even when they knew comms were falling, watch this space as one will be made to eat ones word.

ps seen as your such a self confessed guru could you tell us all what you've been trading/shorting?? ;-))

HOIL (sold yesterday), SHP, TLW, ORE ..... was short WOS (bought back about a week ago), WPP (bought back some), ASC (may be dodgy!) .... have also been jumping in/out nymex futures, sometimes successfully, sometimes not

All the above are noted on the relevant threads, so not lying

By the way, you can easily ride out the recession in ease without risk of losing a bean ..... put the money on a deposit .... it'll even earn you 0.5%!

AFR, but they havn't got a stake in Berong, so I guess that they don't count.
TAIH, no they havn't either. Ah I know, TMC, if you count all their partners money and call it your own.