Talisker Resources Ltd T.TSK

Financing

[TELEMARKER]

help me understand why such a large financing is required

[manlystanley]

Because mining is extremely expensive.   You need: equipment, strong insurance, infrastructure built, highly skilled workers, ect.... 20+ million is chicken feed. Look at discovery silver, last time I looked they need  $200 million plus to start up there operations. Now a better question to ask is: with such high startup costs and such thin margins why invest in mining??? answer

[manlystanley]

Oh, an even better question to ask is: -- How could this company get access to capital equal to 2/3 of its valuation.....with such good terms? think about it: we are a  relatively new company, no revenue , no track record....but we got $20 million .... How can that be? Answer: IMHO, we're incredibly underpriced.....   

[TELEMARKER]

TSK mines rock, trucks rock to NIM in Merrit for milling No way it needs $21 million to mine rock This stinks Trucking since July. No report of any revenue As at the date of this MD&A (August 14), a total of approximately 5,500 tonnes of previously stockpiled material has been hauled to the Craigmont milling facility.

[666999]

To start mining Tsk needs at least $ 4 M, but we cant know how much, it could be 10....Terry stated that for quicker develoment company would need more money, shure some money has to be left if something goes wrong, but all is just a guess....webinar, send a question 

[manlystanley]

Good be points. I can see you know have thought more about this than myself.