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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 Jan 29, 2012 4:01pm
544 Views
Post# 19463103

RE: final report jan. 31

RE: final report jan. 31

Not quite sure how this paragraph is supposed to make me affraid and cause me to run? You been hitting the sauce early in the day once again? What am I missing in this statement that would make me run and hide?

Seems to me they are going to release an incomplete report and call it complete, with follow-up work to do on whats not done, which means they aren't actually done. Either way it doesnt matter, the bond holders want a report by the end of the month and they'll get something resembling a final report. Once that is done, they'll decide just how bad it is. Either way the shareholders are still stuck with zero and those who shorted the stock are having a nice drink by the pool right now, trying to figure out where to invest your money next.

I really wish you are right about me being short, I would have loved to have been that smart, but sadly I wasn't. 

Bullboard Posts

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