Talisman Mining Ord Shs TLM

RE:RE:RE:RE:CNOOC mistake

[oilandgasmick]

I can't wait for the standstill to end either (when is the expiry date?).

This "acceleration" clause finally convinces me of what I have known all along but didn't want to admit to myself. There is a flagrant disrespect for the shareholer and no appreciation of how badly the ship has been managed.

My broker has told me that when they (the financial guys) come out of these meetings with TLM that they just shake their heads in disbelief. There is just no realization how badly hurt the investor has been or how hard your average investor works to get their money.

Apparently most of the financial community (especially in the U.S.) feels the same way and have advised clients all over the World to dump their shares. This explains why the stock will trade daily volumes of over 20 million shares while the price doesn't move more than 20 cents  Alot of the bigger financial houses simply look for any substantial buyer interest as a reason to get out. My broker is a very conservative guy and is not given to fibs so I know that this stuff is true.

Other people who have worked for TLM (and I know a number of them) tell me that when you meet with the CEO he quickly changes the topic to "skiing" and tells everyone in the room that this is what he longs for. Tell me something, if you interviewed someone for a job and they said that there were not interested in the position but would rather be skiing, would you hire them?  Of course not!!  You would dismiss their attitudes as irreverent. Accordingly, there are many investors who bought TLM at 25 (thank God I was in at less than that) who would love to be skiing everyday on the promised stock acceleration but it now looks as if you couldn't buy a half day lift ticket at a bunny hill with the proceeds that are offered here.

Before you say I'm a little too skeptical be aware that I wanted to give these guys the benefit of the doubt but instead of them saying "let's take less to impress upon the street that we are dedicated to share price recovery" they instead ask for accelerators to fatten up their purses. Surely Icahn has taken note of this and realizes that this is going nowhere fast.

Well, that's it for my rant (for now) but again, I have tried to be patient and offer the benefit of the doubt (hence no posts before yesterday) but I encourage all TLM shareholders to show for the annual meeting and let it be known, as the movie from the 70's says --that you are going to stick your head out the window and say "I am not going to take this anymore."