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Talisman Mining Ltd TLM


Primary Symbol: TLSMF

Talisman Mining Limited is an Australian mineral development and exploration company. It has secured tenements in the Cobar/Mineral Hill region in Central New South Wales (NSW) through the grant of its own exploration licenses and through a joint venture agreement. Its projects include Lachlan Copper-Gold Project and Lucknow Gold Project. The Lachlan Copper-Gold Project area covers an extensive strike extent along the Gilmore Suture within the mineral rich Cobar/Mineral Hill region. This region has produced many long-life, high-grade mineral discoveries and has the potential to host a variety of deposit types including low sulphidation epithermal gold and base metal deposits (similar to Mineral Hill), structurally controlled gold deposits (similar to Mt Boppy), structurally controlled copper deposits, Cobar-style gold and base metal deposits and Skarn deposits. The Lucknow Gold Project is located within the Macquarie Arc in NSW which hosts extensive gold and copper mineralization.


OTCPK:TLSMF - Post by User

Post by thimsyragon Nov 23, 2011 6:35pm
409 Views
Post# 19262657

Another Leg Down for This Dog?

Another Leg Down for This Dog?Or bottoming?   Or maybe just a big fat tax loss for some????    Story today was that TLM is a takeover play by China - and it had a nice 5% drop.    Shorter's covered yesterday on the PR story and shorted the close.   It's a shorter's market true and true - no doubt new lows are in sight until otherwise proven.  But I've been sniffing around this TLM - mostly I just smell sour gas at the moment.  ....  And you can't really load up on these stocks like TLM until the pigs start to fly.   And make no mistake about it, ECA, NXY, and TLM  are pigs - and ain't flying.   Patience.  Patience.   Let them take their losses and then move in slowly.  Worth a look though.   But wouldn't be surprised if they chase one step lower.  Putting this on my radar.
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