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Gold/Mining/Energy : TLM.TSE Talisman Energy

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To: LARRY LARSON who wrote (560)11/12/1999 6:46:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) of 1713
 
Larry, Right now on the charts it looks like TLM is completing a double bottom which is usually a very bullish indication that a strong uptrend is brewing. Technically, Stoch, MACD and RSI indicators are also confirming the start of upward momentum. Fundamental aspects include 11 "STRONG BUY" recommendations from Canadian Brokers. biz.yahoo.com

Current undervalued pricing of TLM seems to be directly related to the Sudan project which accounts for only 10% of total TLM fundamentals. Since TLM bought into the Sudan project at rock bottom prices they could now sell off this asset for a profit if push comes to shove.

On the political side, sadly rebel leaders refuse to meet with Canadian Government Officials who support IGAD 100%, maybe some first signs of double talk here.
Sudan rebels reject talks with Khartoum in Canada
sudan.net
eom Ed
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