Toubani Resources Ltd T.TRE

Primary Symbol: TOUBF

Metals & Mining Gold

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

Toubani Resources Ltd

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Comment by bushhog1on Mar 13, 2010 11:28am

417 Views

Post# 16879542

RE: RE: 33HRSRE: RE: Question

All the information is on Sino 's website.
It was stated in the Q3 2009 MD&A reporting

Total Plantations sold for Q3 compared YOY was ;
2008 - 34,422 hectares
2009 - 29,452 hectares.

A clear drop in volume as was also apparent in the 9 months comparison.

However I guess resources' stock don't go bad and better prices await the future.