TLM - Talisman has issued 47,545,000 publicly trading shares and 12,959,000 unlisted shares. 22,632,000 publicly traded oppies and 6,900,000 unlisted oppies.
The company has a number of Western Australian properties mainly in the Pilbara. Its Wonmunna property is currently attracting speculative buying built around the potential to prove up very substantial quantities of iron ore. Channel Iron Deposits and deeper Hematite targets are measured at 100 million tonne potential and are currently being drilled. Location of this target ajoins two rail lines and a highway and is surrounded by major iron ore deposits.
TLM could possibly be compared to BCI - BC Iron before it took off and their targets were about half the size (or smaller) than the TLM Wonmunna targets. BCI is at $1.45 and has issued 54,000,000 shares and 4,800,000 oppies. TLM is currently at 40 cents and has risen quickly from under 20 cents