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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 Dec 09, 2014 4:52pm
188 Views
Post# 23212291

RE:Decent volumes today

RE:Decent volumes todayLooks like they can sell off quite a bit of the company since there are other buyers already talking to the company. That would keep the cost down.


But, the real buying interest will emerge once people sense the bottom is in, after which there could be more competition for assets like this.

Crude oil is the most oversold in 15 years, so if they hesitate this time, it might be to TLM's advantage. I believe the bottom is close in the crude market but it could play out over the next couple of months. I am going to try and put a link to a chart on this post which shows the extreme oversold conditions. 

https://www.investing.com/commodities/crude-oil-advanced-chart
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