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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Post by rudyforeston Oct 24, 2007 12:38am

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Post# 13676994

20% actually closer to 100%

I read tristones analysis of the royalty review. The average royalty rate is to go from 27% to 50%, so yeah, just over "20%" but that is incremental and not 20% of the existing rate....it really is an almost 100% increase in the royalty rate, the media and public, and "experts" like the Parkland institute that I think took arts in univeristy, are spinning this to look like a tiny 1/5 increase...it's not. My company has one area in Alberta where it is economic to still drill a gas well....guess where we are shifting our spending?....it ain't Albertastan. I guess I should put my house on the block now while it's still worth what I paid for it. What's the site for MLS in Saskatchewan? Any other industry folks out there?

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