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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 dinkdestroyeron Oct 17, 2014 1:54pm
199 Views
Post# 23038402

RE:Just a thought

RE:Just a thoughtI really think the essence of the problem here is the lack of focus in this company and the overextended nature of holdings. The key to a much higher valuation is the sale of assets these extraneous assets that prevent this company from capital efficiency gains and help remeove debtload that depresses valuation. A couple of key sales could transform this company. Obviously, there is effortgoing on constantly in this direction but so far, nothing tangible yet. One day we will awaken to a pleasant surprise(soon I hope). Icahn isn't an obstacle because the company could easily be worth more than his cost if the right things happen. My bet is he will average his cost down anyway.
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