The Sunday Telegraph love this one and last week they gave a positive update.

I don't know whether to buy, but the spread has narrowed and the market capital is tiny so it could jump!

I'm dancing in the dfark with this one but I'd appreciate your thoughts?

50p or 5p what will it be?

It's Friday again and I'm still hopeful!

another weeks is almost gone and still no good news. Will anyone pick up on this little gem?

loveley graph now things are definateely on the up ..............

http://www.tertiaryminerals.com/tertiary.htm

good side plenty of information check it out this one is flying and certainly broken out its previous 10-12p range not been tipped by anyone but it shares magazines get hold of it it wont be below 25p for long....

Last updated 5 January 2004

Introduction and History

Tertiary Minerals plc ("the Company") aims to provide capital growth for shareholders through the costs effective exploration and development of mineral deposits.

The Group is involved in exploration and develolpment of gold, base metal, tantalum and platinum group metal ("PGM") projects.

The Group has interests in a number of mineral exploration projects in Sweden, Finland, Norway and Saudi Arabia including projects at the preliminary economic feasibility stage, projects at the drilling stage and grass roots projects.

The Company was formed in August 1999 and became the holding company for Tertiary Gold Limited in September 1999 when all of the shareholders of Tertiary Gold exchanged their shares in that company for shares in Tertiary Minerals.

Tertiary Gold was formed in September 1995 and is named after the "Tertiary" geological time period. Prior to the share exchange Tertiary Gold financed its activities principally through two private equity seed capital fundraisings. It conducts operations in Sweden through a Swedish branch called "Svensk filial till Tertiary Gold Limited, United Kingdom".

Following the acquisition of Tertiary Gold the Company made a conditionally underwritten placing of shares and warrants to raise 600,267 before expenses and was admitted to trading on the Alternative Investment Market of the London Stock Exchange Limited ("AIM") on 18 November 1999. It has established its corporate office in Macclesfield, Cheshire.

Since joining AIM and up to 2nd January 2004 the Company has raised 2.9 million through placements and the exercise of warrants.

Strategy and Prospects

The Directors policy is to maintain a portfolio of grass roots to advanced exploration projects such that the Company has, as far as is possible, mature drill-stage projects at all times and thus continuing exposure to the opportunity for the discovery of commercial ore-bodies.

The portfolio includes world-class targets for gold, copper and nickel in politically stable Scandinavia and development projects for tantalum in Finland and Saudi Arabia.

Drilling is planned for a number of projects in early 2004 including the recently aquired Kaaresselkgold project, the Nottrk nickel project and the Ahmavuoma copper-gold-cobalt project.

Tantalum has shown strong demand and price growth over the past ten years due to its predominant use in various electronic and other "high-tech" applications. Whilst demand for tantalum was weak from 2000-2003, due to a weak electronics sector, growth has now returned to the tantalum market and the Company believes that the market for these metals will continue to grow at above average rates in future.

The Company has set out a two-fold strategy for involvement in the tantalum business. The Company is looking to develop its Rosendal project in Finland, a modest sized deposit capable of production when tantalum prices recover. At the same time, in response to the exceptional growth in the tantalum market over the past 10 years, we have been advancing development of the world-class Ghurayyah tantalum deposit in Saudi Arabia which is capable of supplying large amounts of tantalum to the market within a 3-5 year time horizon.

This strategy has progressed substantially with the completion of preliminary metallurgical testwork and economic scoping studies on the Rosendal tantalum project and a positive scoping study for development of the Ghurayyah deposit.

The Group will consider entering into joint venture or farm-in agreements with other mineral companies on its projects where this would allow it to accelerate exploration and/or development of a project beyond the financial resources available to it, or in order to explore further its projects at minimal cost to the Group.

Issued Capital (last updated 5 January 2004)

Shares on issue: 36,421,093 Ordinary Shares of 1p each
Unissued Shares under warrant: 300,000 Exercisable at 20p
Unissued Shares under option: 210,000 Employee Options exercisable at 16p and 22p
Fully diluted: ----------------
36,931,093
---------------- Ordinary Shares of 1p each

Wow!

The Sunday Telegraph have sparked interest here.

Where next?

It ready for an uplift!

A friend is getting excited about these. They're back where the Sunday Telegraph said buy last month. Any thoughts?

It's rising!

These really could be a buy! Any thoughts?

The results should be coming!

I brought some in May 2003 and I still think they are a buy

Hopefully!

Have they all forgotten about this little gem?

What does the trading statement mean?

An upturn today!

Should I buy more?

Come on!

This is odd only buys but price still down -Why?

Good update, more of a rise next Monday. A Sunday Tel favourite, any thoughts?

LONDON (AFX) - Tertiary Minerals PLC said its winter/spring drilling
programme at the Ahmavuoma project in northern Sweden has confirmed the
existence of a significant iron-oxide copper gold (IOCG) mineralised system.
IOCG style mineralisation encompasses some of the largest copper deposits in
the world.
newsdesk@afxnews.com
ak/


IOCG orebodies are typically large and represent one of the most widely sought style of deposits in the world today. A number of major mining companies, including Rio Tinto, Anglo American, BHP Billiton !!!!! and Phelps Dodge are actively exploring for such orebodies in Sweden, a country in which only two major IOCG deposits are in production. TYM could announce a fast track to production if they decide to license the new field to one of the bigger mining companies with production technology and investment clout to make this a huge profit generator. There is already a lot of interest in the find within the mining community and for example BHP want to expand this high margin leg. Any news would send the shares soaring and currently trading at 12 pence there can be little downside.