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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

Comment by Ahsanon Dec 15, 2011 12:12am
595 Views
Post# 19324008

RE: TLM - Institutional Buy Side Value Pick (Artic

RE: TLM - Institutional Buy Side Value Pick (Artici bought tlm today. buying initial position at near 52 week low should be ok. some ppl are talking that tlm might get taken over. to tell u the truth i highly doubt it. market cap is way too high. near 12 billion and most likely TLM wouldnt go for less than $20 or 20 billion (they have 1 billion shares outstanding). in this market i dont think anyone is going to pay that kind of amount. they all need cash themselves. i bought it because i have been waiting to apply my cash somewhere. SU is way too high so I decided for tlm. mgmt is no doubt good but if stock price goes to 13 or something i might even take some profits. plus i was waiting for tlm to come to 11 for some time and i am not missing this chance. will buy again if it drops to 10.5 and again if it goes below 10. need to make use of my cash. 
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