Congratulations to our subscribers!
Talisman Holdings, Inc. (TMHO) reached HOD of $.0569 (as of 12:40 PM EST April 11th) or gained over 90% on $380,000 in trading volume. Our subscribers enjoyed almost 40% gains from the opening price.
Talisman Holdings released the following news:
All That Glitters Is Gold With Talisman Guyana Project
Marketwire “Press Releases”
SPRINGFIELD, OH — (MARKET WIRE) — 04/11/11 — Despite increased demand, and significant price increases, gold production in the world has declined since 2001. The search for gold is on! This shortfall has created a frantic bull market. Talisman Holdings, Inc. (PINKSHEETS: TMHO) is capitalizing on this economic opportunity with its expanded activity in gold and precious minerals.
The Company is taking a position in development stage gold exploration concessions in Guyana . Initial development will begin with 6 of a total of 66 concessions, which comprise a total of 77,754 acres. The concession project is geographically located in Northwest Guyana , in the Upper Cuyuni region, and encompasses a belt that is approximately 20 miles by 5 miles. This is a known area of gold production.
Impressive initial geological reports point to an exciting gold and mineral potential, indicate the presence of “gold mineralization” and diamonds in the concession area. “Gold mineralization” means gold enrichment at levels many times higher than “normal” gold concentrations in any rock.
A summary of the geological survey shows projected measured and indicated resources of 41,700 tonnes (115 billion) and potential inferred resources at 7,708 tonnes (125 billion) of gold. In short, the concessions are summarized as having potentially high growth, low cost and sustainability.
David Long , Talisman President, commented:
“This project presents unlimited long term possibilities.” We are delighted with this dynamic and promising opportunity.