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Triple Plate shares jump on positive update Tue, 21st May 2013 09:14 AIM-listed exploration company Triple Plate Junction saw its shares jump 15 per cent on Tuesday morning after the company revealed it is considering several options for potential new projects. One of these is the exploration of parts of the Papua New Guinean and another involves gold exploration opportunities in other parts of the world where members of the board and advisory board have considerable expertise, and where the company may be able to add value. The group also revealed that it has accepted an offer of $0.75m cash to purchase its 12.14% contributing interest in the Wamum project in Papua New Guinea. One of the conditions is that Barrick (one of its joint venture partners) completes its negotiations for a joint venture involving its 87.86% interest. Triple Plate also said that at Pu Sam Cap in Vietnam it has undertake preliminary field investigations based on a re-evaluation of the past work, which indicated an untested new drill target that has the potential to contain higher alkalic porphyry copper grades. The share price climbed 15% to 0.57p by 08:40 Tuesday.

http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=TPJ.L

Daisan I never said big buys going today.i said someone have been building a stake in here.have a look at buys at previous week or week before.i can't say about 8p as previous year u said.but it will be 1p once the news is out and is only going one direction which is north.

Pablo2 we will be 1p once the we get any news from newcrest which is going to be sometime in march.someone have already filled up their boots.someone knows something I agree with u.

The company has at present an interest in a project in Vietnam and in four joint ventures in Papua New Guinea and has given an update on these developlments. Vietnam: Pu Sam Cap The company is awaiting assay results. If these results are sufficiently encouraging they should provide the vectors to identify some deep drill holes. Papua New Guinea: Wamum The company has accepted, subject to contract, an offer of US$ 750,000, payable in cash, to purchase its 12.14% contributing interest in the Wamum project. One of the conditions is that Barrick completes its negotiations for a joint venture involving its 87.86% interest. These negotiations are still progressing. Papua New Guinea: Morobe The company is in advanced discussions with another junior company with a view to taking an interest in one of the licence areas. Papua New Guinea: Crater Mountain The company notes that progress in completing the conditions to its divestiture of this asset has been slow. As a result the Australian $200,000 (which is due to the company under the contract in respect of the sale of its former interest in the Crater Mountain project) is still in the Escrow Account. Papua New Guinea: Manus Island The company’s partner Newcrest are assessing potential drilling targets and Triple Plate expects them to take a view on a possible drilling programme during the first half of 2014.

someone is playing big here.market cap 358 m shares in issue,deb free .2m in bank.gold projects with top companies newmount and newcrest.waiting for results from newcrest by end of this month.once news is out wont be able to get @ this price.

U will see some action in coming days.

I think the link has been removed.there is something fishy going behind the doors.

The ASIA Miner - Papua New Guinea Mining News About ... www.asiaminer.com/papua-new-guinea.h... ... is now progressing moves to take over the interest of London-based company Triple Plate Junction.

Speculation of TPJ Takeover by NEWCREST.

Another 2*500000 buys gone through today for TPJ.

Last few days someone is building up his stake.news expected in feb

Nice 2 *1.8m buys.this is only going to go one way north.

1.5m cash no debt.350m shares in issue.waiting for news from newcrest and new project to be announced within few weeks.and have a look at the price we should be @ 1p without news.no confidence here

Get ready for 1p ride.put ur money in OEX or TPJ.

News Sandeep biswas new CEO of newmount takeover talks rumours I don't know how sure is that.

News on way.get in quick.ready for a 1p ride

I came back from the holiday.i had 800000 shares over here. So wats happening now.r we going for a legal action.did we have any Hope to get our money back.