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.

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Toubani Resources Ltd

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Comment by netprofiteer2on Jun 02, 2011 6:46pm

603 Views

Post# 18664697

RE: Gravity of Muddy Waters Risk

Agreed that you cannot afford to ignore them. However even if their analysis is proven to be shoddy or even false, it is conceivable that they have made a fortune shorting the stock along with those that follow their advice. They are not anything except a couple of guys "somewhere in Asia" who write short side investment opinions. They are subject to no regulation; they are not accountable except to themselves; and their location works to their advantage on many levels. If this represents the new paradigm where stocks can be crushed via social network sites and internet based research from people we don't know and can't reach....then I am worried.

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