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Talisman Mining Ord Shs TLM


Primary Symbol: TLSMF

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

Bullboard Posts
Post by investorblingon Sep 03, 2008 9:38am
854 Views
Post# 15427121

Flash Update - The Bomb

Flash Update - The Bomb

Talisman Energy Inc

(TLM-TSX; TLM-NYSE)

Stock Rating: Market Perform Stock Price: $17.51 Target Price: $26.00

Member of: Top 15 Quantitative Stock Selections

September 3, 2008

Brief Research Note

Oil & Gas - Senior Producers

Sells Non-Core Dutch Assets

Impact

Neutral

Details & Analysis

Talisman announced that it has reached an arrangement to sell its non-operated interests in the Dutch North Sea for US$480 million. Talisman’s production from the fields averaged roughly 23 MMcfe/d in 2007 and theassets have been attributed 43 Bcfe of proved reserves. The sale of theassets is in keeping with the company’s ongoing strategy to rationalize itsinternational asset portfolio.

Bullboard Posts