article in the age.....

Write up on TLM in todays Age Newspaper.
Already out of date, as Harmanis got another 950,000 shares last week at $1 and is up to over 13% of Talisman.

TALISMAN MINING LTD If it was simply a case of ''nearology,'' the 25 per cent share price gain for Perth-based explorer Talisman Mining (ASX: TLM) to $1.18 could pretty much be dismissed as a bit of nonsense.
Talisman's Springfield copper/gold project is near the high-grade copper/gold DeGrussa discovery of Sandfire Resources (ASX: SFR). The tenement boundary is not more than five kilometres to the east.
So when Sandfire pumped out some more spectacular drilling results during the week (9.1 metres at 34.1 per cent copper, thank you very much), Talisman's share price was always going to go for a bit of a trot.
But underpinning Talisman's run was the news that the first phase of geochemical sampling at its adjacent Springfield ground had identified five distinct copper anomalies, as well as a stand-alone gold anomaly - all within the prospective Narracoota volcanic formation, home to the DeGrussa find.
DeGrussa is of the so-called volcanogenic massive sulphide (VMS) type. And where they occur around the world, they tend to do so in clusters. With its encouraging geochemical results in, Talisman was confident enough to declare Springfield as ''one of the most prospective exploration properties in Western Australia for the discovery of high-grade copper-gold VMS deposits''.
Friday's share price surge and the group's market value of more than $100 million tells as much. The real excitement will come when Talisman starts a drilling program once its three exploration licence applications covering Springfield are granted.
Talisman is populated by the guys that had all that success with Jubilee Mines, the nickel explorer that made it big with the discovery and development of the high-grade WA Cosmos nickel deposit.
But Mick Davis at Xstrata took Jubilee over in 2007 for a cool $3.1 billion which history tells us was probably $2 billion too much. That's Mick's problem, leaving the former Jubilee team to work at a second coming through Talisman.
Former executive chairman and founder of Jubilee, Kerry Harmanis, isn't on the board but he is a big backer of the second coming attempt. He has diverted some of the cash from the sale of Jubilee - he had a 16 per cent stake - into Talisman. At last count, Harmanis had his foot on 12.39 per of Talisman, having picked up another 1.1 million shares in the first two weeks of October at 80-87¢ a share.