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Gold/Mining/Energy : Talisman Energy Inc. (TLM)

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To: Jim P. who wrote (60)10/27/2008 12:17:42 PM
From: Todd R. Levine  Read Replies (1) of 82
 
Jim, I hope this is not too stupid of a question. Since Talisman is a Canadian Company..... How is it effected by the amazing climb of the US dollar in the past month or so. A short time ago, the Canadian Dollar was at par or slightly higher compared to the USD. Now it is trading at about $1.28 and falling almost by the minute. Do they buy everything in the USD and then convert it over for a whopping increase in Canadian value, or do they take a major hit by dealing in Canadian dollars and then converting it back to USD to do business? I hope the question makes sense? Thanks, Todd
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