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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 shambano1on Sep 24, 2012 11:24am
394 Views
Post# 20406643

RE: Talisman safer way to play nexen deal

RE: Talisman safer way to play nexen deal

I agree with your opinion, NXY deal has more to lsoe than gain and Talisman is focused on shareholder value with the management change, so over time they will increase dividends and CF and will be a less risky company with new team.

I expect more sheeding of assets, and more focusing of assets and TLM will be more stable so I'm buying on that premise.

Of course if a deal comes along, I won't complain and I don't the the CND government will shed any tears either, so yes if Nexen deal approved with or without conditions, TLM s/b worth more just on that premise.

good deals today in the patch, but I have not bought any today.

DYODD

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