Talisman Mining Ord Shs TLM

Primary Symbol: TLSMF

Metals & Mining Industrial Metals & Minerals

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.

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Talisman Mining Ord Shs > Oil wont stay this low that long

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Comment by dinkdestroyeron Dec 13, 2014 3:25pm

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Post# 23227772

RE:RE:RE:RE:Oil wont stay this low that long

Probably won't see the drilling slowdown effects until 2nd half next year. We could see production stop going up within a couple of months but a steady downtrend in production will take a bit of time since there is probably a backlog of newly drill wells yet to come on stream. It won't flip to declining output that fast. But if the rig count continues falling, the market will at some point anticipate what is coming and the price may start to firrm up. There is always weekly production flucuation, but a clear trend change takes some time to become apparent.

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