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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 bushhog1on Dec 01, 2014 12:29pm
185 Views
Post# 23181306

RE:Anvil around neck ???

RE:Anvil around neck ???I guess that article is old.

In its last financial report, TLM has made an accumulated profit for Shareholders of about $6.9M.
https://data.cnbc.com/quotes/TLM-CA/tab/7

Talisman is not only trading below its book value, but even below its accumulated profits.

Oil has recover over $2.00 today, yet the stock is going down.. why... because of Margin call.


EQUITY                                                                                       2014 Q3
Non-Equity Reserves 0 0 0 0 0
Minority Interest 0 0 0 0 0
Preferred Stock 214 204 211 203 197
Common Stock 1,951 1,877 1,944 1,830 1,767
Capital Surplus 151 132 126 143 128
Retained Earnings 6,894 6,191 6,756 6,048 6,978
COMMON EQUITY 9,904 9,065 9,722 8,883 9,709
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY 19,135 18,203 18,903 18,657 19,523
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