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 Canonballon Jun 15, 2009 10:26pm

304 Views

Post# 16072859

RE: Absolutely brutal share price

Deckdude...not sure at what price your back in the black...but I was buying today...I have read your posts and it's obvious your frustrated ...and you are trying to apply logic to a stock price... BIG mistake.

Rule Number 1 never ever apply logic to a stock price period...! Stock price works on fear and greed period...!

TLM hasn't been in the public view... it's not the flavour of the day...NXY for example has been in the news because Total of France hinted at taking it out...if you compared NXY and TLM on resources and production not huge differences yet big price differences.

Another example HAT.V gets the same price as DML yet... HAT produced not one pound of uranium - DML does...I could go on and on ... about stocks that are not priced fairly...and without logic.

PCA (Petro Canada) was a dog for years never ever moving like the others... then it joins up with SU and pop - it's an over night star.

It's well proven that the retail investor buys at the wrong time... gets bored and frustrated and sells at the wrong time.
You say you missed other opportunities - ...WHY...? Is ever last dollar you have in... ONE stock !!!

For disclosure I now hold 3500 TLM -bought today - 2500 NXY and 1000 SU and 18,700 OPC...and 12,000 EP.UN.

Sold 25 contacts of the Jun 17.00 Call for .30 cents today and it expires in four days! - made just under 750.00 on the very day - I bought.

If assigned on Friday I make another 175.00 to hold a stock for what ...5 days.
If I don't get assigned... I'll sell the 17.00 July for around .70 cents and earn $2,450.00 for what... to hold it 3 weeks!
And I do that over and over. Start selling some Calls there Deckdude...!

And Chart wise TLM almost at the 40 day MA and lower Bollinger band ... ALL normal movements.

Just food for thought there Deckdude - not bashing you - just giving you some perspective...I've been at this for over 9 years.

There is nothing wrong with TLM and in the long run the SP will improve...just start making some money off it every month and you'll start to feel better about waiting.

Cheers

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