TLM 13.7% 29.0¢ talisman mining limited

where to from here

  1. 805 Posts.
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    All over Western Australia there are exploration companies involved in all levels of exploration from EM surveys to drilling etc.
    How many of these companies would have the ability to take their finds to the next level and actually start mining?
    Do your own research but I can certainly state that TLM is one of these. Jubilee mines is one of the success stories of Western Australia‘s mining sector.
    This brings us to the next point. Do you think SFR ,who are right next door, have the management or know how, to take its find to the next level?
    There’s a difference between finding it and digging it out and selling it.
    I think SFR management are quietly looking at their options and having TLM right next door and knowing TLM’s management team, would certainly throw up a lot of “what ifs”.
    Imagine this scene .
    Lazy Sunday somewhere in Western Australia.
    2 neighbours enjoying barbeques in their own backyards.
    They start an informal chat over the back fence.
    We have changed the names to protect the innocent. Let’s say one is called Herry Karmanis and the other is Sarl Kimich.
    Conversation goes something like this;
    SARL: G’dday Herry ,,,how’s it going?
    HERRY: Great Sarl ,,,what about you?
    SARL: Really good but had some bad luck the other week. I was in the backyard and stubbed my toe on this big chunk of rock sticking out of the ground.
    HERRY: That’s no good. OK now?
    SARL: Yeah ,it’s fine now. I dug a bit out and sent it down to a geologist mate and he reckons it’s a big chunk of copper!!!!!
    HERRY: Copper???? You’re kidding!! How big is it?
    SARL: Huge. I tried digging it out but it gets bigger and bigger. I reckon it’ll make our fence fall over because it looks like its right on the boundary fence line with your joint..
    HERRY: Is it worth anything?
    SARL: They reckon its worth a truckload!!! I asked the guys down the road if they want to buy it but they only want to pay peanuts for it
    HERRY: Who’s that?
    SARL: You know the BH Bill and that Brazilian mob Rio something.
    HERRY: Hey Sarl, at my old house, I had a similar problem with a big chunk of nickel I found in my backyard .
    SARL: What did you do with it?
    HERRY: I got some mates who had a backhoe and some tools and we dug it out ourselves . Another mate was a salesman and we sold it ourselves to a bunch of overseas bigshots for a zillion dollars.!!
    SARL: Wow. You still got those mates? Maybe you guys can dig it out for me and we can split the profits??
    HERRY: Let me speak to them and see if we can get a meeting going. I’ve got a bit of money in a term deposit we can use and I’ll get some mates to throw in some more dough so we can do it on our own.
    SARL: Sounds good to me . I don’t have any idea how to get the stuff out, so let’s do it together. Cheers Herry
    HERRY: Cheers Sarl
    ...............................................FROSTY
 
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