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Toubani Resources Inc. T.TRE


Primary Symbol: TOUBF

Toubani Resources (ASX:TRE) is an exploration and development company with a focus on developing a gold platform in West Africa. The Company is primarily focused on the development of the Kobada Gold Project in Southern Mali, a low capital and low operating cost gold project with the potential to produce more than 100,000 ounces of gold per annum.


OTCPK:TOUBF - Post by User

Bullboard Posts
Comment by krashzoneon Jun 09, 2011 5:32pm
378 Views
Post# 18695890

RE: RE: Another Muddy Waters Error

RE: RE: Another Muddy Waters ErrorIf you read the MW report, it is clear that he has the info in it fed to him. There is some actual research in that report. The conclusions may be overstated and blown out of proportion, and the fraud claims might be inaccurate, but someone who has done some leg work is behind the report.

My guess is that several hedge funds get together, pick a target, short the stock then get someone like MW to publish a negative report.

I would also guess that they have covered by now.
Bullboard Posts