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.

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Talisman Mining Ord Shs > TLM's worth

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Comment by steam73on Oct 07, 2012 9:26pm

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Post# 20460711

RE: TLM's worth

I was talking to a colleague last spring who figured the stock price would dip below $10 then make a run. It went down to $9.72 and was $14.50 recently. In the last few trading sessions we have seen it go from $14.50 to what it closed at on Friday ($12.89).

My colleague also figures that this stock will be a takeover candidate by year end and the price will be in the range of $16-18. My speculation is that the new CEO is there to facilitate a deal and they are waiting to see what shakes out on the Nexen deal. TLM is on my radar and follow it daily, along with a few other oil companies who may be ripe for a takeover.

Steam

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