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.

OTCPK:TLSMF - Post by User

Talisman Mining Ord Shs

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Comment by cnaismiton Dec 19, 2006 10:10am

446 Views

Post# 11890389

RE: Technical breakdown

Talisman has a habit of not completing a pattern - I have held Talisman for some time and bought years ago when it was in the $40.00 range and signalled a break out that should have gone above $50.00. Well instead after completing the break-out point it went down and I was in a loss position. It has done this several times since. I held on and since then have benefited considerable being up over 300% and free and clear of my original investment. I think what we have seen are the major holders of this stock playing buy - short- and dump- buy- short and dump for some time now. Anyway I'm still holding a few thousand shares waiting out the time when this stock will again move strongly upwards.

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