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Talisman Mining Ltd (TLM.TO)

HOLD
(Market Call Minute.) Would hold this one. Quite intrigued with new management and the new direction they are going to be taking.
HOLD
(Market Call Minute.) This would be a Hold, at best.
BUY
International exploration and development. Strong Cdn$ is one of the headwinds they are facing. The real thing with them is the production profile going forward. Looking for a lot more production in 2009.
BUY
Extremely cheap and he bought a position recently for the 1st time in a few years. Likes the growth, non-Albertan, primarily international and less than 5X cash flow.
PAST TOP PICK
(Top pick March 6, 2007, down 3.5%) Liked it then and like it now, good entrance point. Big under performer. Continue to buy.
BUY
Has been in the doghouse because 1) of the natural gas in Western Canada and 2) the retirement of Jim Buckey. Production has been down 4%. Growth will come later than expected. Potentially could be over 500,000 BOE's a day in 09.
HOLD
(Market Call Minute) Suffered from a few issues in the North Sea. Also had a change of management.
DON'T BUY
Market Call Minute - Looks like it had a huge top from April to July and has too many lovers, so he hates it.
TOP PICK
Really cheap. There is a lot of catalyst for upside production growth. Good cash flow growth at 30%-35%.
BUY
Rising Cdn$ has negated a lot of the rise in the price of oil for a lot of companies. This is also a gas company, which has not helped them. Also kept missing its projections. New CEO will probably make the company much more investor friendly. Outlook for this company is quite good.
COMMENT
Positive on all of the oils. Has come back nicely from the fall in the summer.
HOLD
Has always been a value stock, verses it's peers. Start looking for 2008 for Indonesia and the North Sea coming on.
PAST TOP PICK
Then 18.22 People believe the price of oil over the next year are moving down, which is why that even though the price of oil has doubled, TLM has only gone up 7%. They have an emerging major play in South America that doesn't get a lot of recognition. The stock should be trading in the mid 20's and it surprises them when it doesn't.
STRONG BUY
buy buy buy. Loves this stock.
TRADE
It is the cheapest of CNQ, Tannis and TLM. Thinks it will not be sold entirely.
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