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Talon Metals Corp T.TLO

Alternate Symbol(s):  TLOFF

Talon Metals Corp. is a British Virgin Islands-based metal company. The Company operates through mineral exploration segment. The Company is focused on the exploration and development of the Tamarack Nickel-Copper-Cobalt Project (the Tamarack Project) in Minnesota, the United States, which comprises the Tamarack North Project and the Tamarack South Project. The Tamarack Nickel Project comprises a land position of approximately 18 kilometers of strike length with intercepts outside the resource area. The Company is also focused on Michigan properties. The Company’s mineral properties are in the United States.


TSX:TLO - Post by User

Bullboard Posts
Comment by IQon Mar 26, 2015 10:17pm
134 Views
Post# 23567064

RE:RE:Great News for Talon

RE:RE:Great News for TalonThis was tremendous news!!!! I would never have believed that they would be able to find funding without doing a PP at this ridiculous low share price. They were looking at diluting the company big time when they pulled this out of the hat. Wow! Management is unbelievable. Completely unexpected that Kennecott would be so supportive and helpful. There is no collateral on the loan and it is a risk for Kennecott to lend the money unless they were very confident that Talon will have no problem raising the 6.5 million that Talon owes them by Dec. plus more money to fund further drilling. It only makes sense if the drilling results coming are great and Kennecott is confident that Talon's share price will go up and Talon will have no trouble raising the money through PP or outside funding. We just have to wait a few more weeks for the results and bingo we'll be in the race again. Don't worry about anonymous if the results are good there will be a demand on the stock and he will be bought out eventually. he's just a pain for the time being. Ignore him and look past him on what is just on the horizon for those who wait. Good luck to all.
Bullboard Posts