Talon Metals Corp T.TLO

Some huge potential for TLO

[apapas1973]

I own both Tlo and some CNC. Someone posted this on the CNC forum. I find it very interesting the US govt is looking to secure nickel. If i remember correctly there's only one other quality nickel mine in the US which is end of life in about 3-4 years. That leaves TLO. If they can increase their reserves, then lookout. The skies the limit for these companies. I don't see why the US govt wouldn't do a deal with TLo also. https://www.reuters.com/article/us-mining-canadanickel-idUSKBN2A812L

[TriumphSpitSix]

So, Talon owns 17.5% of the Tamarack project and their market cap is around $500M CAD (SP at .82 CAD and 600M shares outstanding.) Does that mean the market values the Tamarack project as a whole at roughly $2.86B CAD? 100% / 17.5% = 5.714 multiplier 5.714 x 500M (Talon's MC) = $2.86B Or is it less because Tamarack only accounts for X% (75%, 80%?) of Talon's value?

[Geobizz7]

Hey Triumph, Love this time everybody is making good profit with the stock. You just have to know when to get out and not be too greedy. Some project you know they are not going to get buitl you have to get out when you made your money. Project like Tamarack, you can see that going into production, there is lots of example at this grade in the past that made good money. back to TLO, they do not

[TriumphSpitSix]

Thanks for the reply. So they currently have ~18% interest but also the option to buy up to a total of 60% interest. I wonder what the additional 42% interest will cost them? All the numbers in the PEA look great but lose a bit of their luster when multiplied by .18 for Talon's "share."

[Geobizz7]

If you look at their corporate presentation they need to spend 5M$ to get to 51% and complete a Feasibility study by march 2026 to get to 2020. A deposit like this would cost like 15 to 25M$ probably to complete.  So not a bad deal for a project like this and having Rio as your main partner and they appear to work hand in hand. With Rio having no backing rights. This is a sweet deal. based