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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
Post by beeker2on Dec 12, 2011 10:33pm
338 Views
Post# 19315549

What a Mess

What a MessSomething is indeed brewing. What a ride for stock holders. The few of us still holding seem to be holding the bag. Ah well. Still think this may go private which is probably the only way that we will get any sort of money back. What a story this one is, from TSX darling and everyone scrreaming buy at 20 bucks to this. It makes the osc look ridiculous,
The guy posting to buy shares at a buck a few months ago makes me think someone knew this was coming. I'll wager that at best we get 5 dollars from a Chandler that believes he can make long term money. (Wellington and Chandler don't strike me as bagholders), I'd say that's a 10 percent and shrinking chance. More likely i get a tax loss. C'est la vie!
Bullboard Posts

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