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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

Post by uogradon Sep 24, 2012 10:43am
409 Views
Post# 20406439

Talisman safer way to play nexen deal

Talisman safer way to play nexen deal

Nexen is trading at about a 10% discount from the sales price at the moment.  If the deal is rejected it will likely drop another 6-8 dollars.  If the deal is approved, Tlm will likely jump 2 bucks as it will be in play for sure and if it not approved the downside is likely near where we are now.  net net better leverage on the nexen play by buying talisman both on upside and limiting downside.

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