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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 monty613on Jan 22, 2013 10:15pm
207 Views
Post# 20875439

RE: Tlm is going higher

RE: Tlm is going higher

hey uograd - what do you mean when you say we will get an update in a week or so? are you referring to Q4 earnings which are in mid-February?

re: downgrades - i believe the recent wave of analyst cuts is just a slow reaction to the disastrous Q3 earnings. that's my take anyways.

we need a catalyst here either in the form of an outright sale or another asset sale/JV. i don't think the institutional investment community has the patience for a turnaround. Kvisle really took the steam out of this stock the last few months by making it clear he wasn't in it to sell the company...not sure what he has planned but in any event i still believe there isn't much downside here, barring another disastrous earnings quarter.

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