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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 modulexon Dec 07, 2014 12:37pm
373 Views
Post# 23204060

JACKDEE VALENTIN INDEPTH STUDY ABOUT TALISMAN

JACKDEE VALENTIN INDEPTH STUDY ABOUT TALISMAN
Thank you for your broad, interesting coverage.  The reality of having a stock price at approximately $4.50 obviously reduces the hopes of getting an attractive offer.  It is now out of the question that shareholders will end up with more than $10.00/share because the share has dropped too low.  You are right in saying that TLM will be sold in parts, asset by asset, to different independent companies, which explains, on the one hand, why in light of many years of sales rumours the company never managed to be sold (as no single buyer was interested in purchasing the full assets), and, on the other hand, that selling a company piece by piece, traditionally does not result at a premium price.  As for the French GDF January 2014 rumoured takeover, GDF balked at proceeding further as it could not come to a settlement about the Baffin Sea assets, said French/Reuters reporter Veronique Tison.  Again, I reiterate to shareholders no to touch this stock until it drops to $3.50, as the O&G prices will surely undergo another slide.  When a ship is sinking, wait until it reaches a clear bottom.
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