Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 MustangMatton Jun 10, 2014 10:35am
314 Views
Post# 22645339

Maybe whisky is the answer to all lifes problems?

Maybe whisky is the answer to all lifes problems?
I was thinking over the weekend that Hal K is an experienced manager and that as CEO of Talisman his comments are likely made for a reason.  My own 2 cent opinion is that management does not want to sell out the company right now because they are likely not going to be able to get more than $13 or $14 Canadian.  Some may argue that mangement does not want to sell because they are feeding from the trough.  I think Hal's comments are actually meant to keep hostiles away.  Perhaps buy some time for TLM to improve a little before, either the company turns around or it is a stronger entity to sell and fetch a better price.

I am not overly convinced of this 1 day rally in the share price.  My opinion is that some shorts may have taken advantage of a sub 10 low 11 share price to cover a little of the massive short position in TLM before they have to pay the divy.  I hope I am wrong, at least for the time being Talisman pays out 2 and a half percent to help you wait.  Cheers Matthew


<< Previous
Bullboard Posts
Next >>