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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 uLYSESSon Mar 12, 2013 6:52pm
410 Views
Post# 21119072

NAV PART II

NAV PART II

 

SCOTIABANK has sum of the parts at $18-20

TLM MGMT has a value of $17-25

Cannacord says that, in effect, new mgmt has put a price tag on the company ....

I was no business major, but the current CEO is back to basic stuff .... cut staff, drop marginal and/or high-risk E and P projects, get out of dry gas and focus on liquids and oils, sell non-core assets, sell or joint venture projects that need more capital or have higher risk/reward, etc .... sound familiar

The market doesn't care .... its all cookie-cutter 101 stuff ...

Mark my words ....shareholders and/or activists will force a sale or breakup of this entity within the next 12 months ..

accumulate

ulysess


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