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Gold/Mining/Energy : TLM.TSE Talisman Energy -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (524)10/28/1999 5:32:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) | Respond to of 1713
 
Tomas and all, <More French companies will invest in
Sudan, particularly in the fields of energy, animal resources and gum arabic> Full Story: sudan.net
Perhaps TLM should throw in the towel and sell it's interest to French Total Petro. It sure would eliminate a "terrific pain in the ass" for shareholders.
Also this out of Sudan <Christian human rights group expelled from U.N. It violated U.N. regulations when it allowed John Garang, leader of the rebel Sudan People's Liberation Army, to speak in March at the U.N. Human Rights Commission's session in Geneva.Full Story: sudan.net

Meanwhile, back at the ranch,<WASHINGTON (AP) Oct. 27, 1999 -The White House said Wednesday that President Clinton's
national security advisers have not second-guessed the decision to bomb a pharmaceutical factory in Sudan in retaliation for terrorist bombings of two U.S. embassies in Africa.
Spokesman Joe Lockhart said Clinton's national security team recommended unanimously last year to proceed with plans for a missile attack on the factory, which was supposedly linked to Osama bin Laden, the suspected mastermind behind the embassy attacks.> Ref:http://www.sudan.net/wwwboard/news/10274.html

Point, New York Times article reports Clinton's national security team did not act in total confidence <Officials throughout the government raised doubts up to the eve of the
attack about whether the United States had sufficient information linking the factory to either chemical weapons or to bin Laden, according to participants in the interviews. They said senior diplomatic and intelligence officials had argued strenuously over whether any target in
Sudan should be attacked.> Ref:
sudan.net

Right now I am not worried about the current dip in TLM's price, overall fundamentals strong, my biggest concern is weather or not the Clinton Administration will send a cruise missile to strike Calgary. If we can make it to next election I think TLM will do well in the long term. eom Ed









To: Tomas who wrote (524)10/28/1999 9:53:00 AM
From: Tomas  Read Replies (1) | Respond to of 1713
 
Globe & Mail, October 28: Talisman has slumped 11% in two days after the Canadian
government appointed a watchdog to look into the company's operations
in Sudan and threatened Talisman with economic sanctions if it doesn't
like what it finds. Talisman's partner in developing oil fields and
pipelines in Sudan is the country's military government, a regime that is
not popular with human-rights groups or the U.S. government. Ottawa
wants Talisman to put public pressure on its business partners amid
reports of slavery and relocation of civilians in the war-ravaged country.