Talisman Mining Ord Shs TLM

Primary Symbol: TLSMF

Metals & Mining Industrial Metals & Minerals

Talisman Mining Limited is an Australia-based mineral development and exploration company. The Company is engaged in the exploration, discovery and development of opportunities in base and precious metals. 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 Base Metal and Copper-Gold Project, Mabel Creek Project and Yarindury Porphyry Copper-Gold Project. Its Lachlan Project encompasses approximately 7,100 square kilometers (km2) land position in the highly prospective Lachlan Fold Belt of central New South Wales. It also has over 1040 km2 of highly prospective tenure in Mabel Creek Project, which is a prospective for iron oxide copper gold (IOCG) deposits and intrusion related rare earth and battery metals mineralization. Yarindury Project is located 30km east of Dubbo in the Macquarie Volcanic Arc of central-western NSW.

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Post by bushhog1on Dec 11, 2014 9:40am

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Market Chatter:

Talisman Sale May Be Holders' Best Exit After Oil Rout

08:40 AM EST, 12/11/2014 (MT Newswires) -- For Talisman Energy Inc. (TLM.TO, TLM) investors, a sale at depressed prices may be more worthwhile than waiting out the rout in oil, Bloomberg said Thursday

Bloomberg reported that Repsol SA (REP), which took a look at Talisman earlier this year, is "sniffing around again" after the plunge in crude prices drove the Canadian explorer's stock below C$5 for the first time in 14 years. Bloomberg noted Talisman said it has also had talks with other parties. According to Bloomberg, suitors could offer C$8 a share, based on the average premium in recent oil deals.

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Geologica Resource: Polymetallic upside at a depressed price