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Toubani Resources Ltd T.TRE


Primary Symbol: TOUBF

Toubani Resources Ltd is an Australia-based exploration and development company. The Company is focused on advancing gold development projects with its oxide dominant Kobada Gold Project. The Kobada Gold Project is located in southern Mali, approximately 125 kilometers (kms) on a straight-line south-southwest of the capital city, Bamako, and is situated adjacent to the Niger River and the international border with Guinea. The Kobada Gold Project is based on one mining exploitation permit (Kobada) of 136 square kilometers (km2) and two exploration permits (Faraba and Kobada Est) of 77 km2 and 45 km2. The Kobada main deposit hosts 2.4 million ounces (Moz) of predominantly free-dig, oxide gold over a strike extent of 4.5 kilometers, which is also open at depth with mineralization open down dip. Toubani Resources Mali SARL is the wholly owned subsidiary of the Company.


OTCPK:TOUBF - Post by User

Bullboard Posts
Comment by draxteron Nov 22, 2011 6:33pm
332 Views
Post# 19259455

RE: Osc said independent report not good enough

RE: Osc said independent report not good enoughYes they did waste it. Or to be more precise, this report is about optics and public relations only. Why should the OSC care about this report? It is not an independent report like some people claim it is. The report was created by Sino for Sino, with Sino directors on the committee (one of which quit only days before the report was released....odd timing...). That's like a criminal going in front of a judge and saying 'hey, i did some introspection and now realize that I'm actually totally innocent.. so stop this trial and set me free.'
The interim report may prove to be 100% correct in the end, but the OSC is 100% correct in not caring about it. Taking the report at face value would mean they are not doing their jobs. Their job is to produce an impartial report that is not edited by insiders, and to not take no for answer when certain 'agents' refuse to cooporate as the Sino committee indicated.
Now lets see how many hate replies this post will get me this time. I have a side-bet going with someone so dont hold back!
Bullboard Posts

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