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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 blackjackallon Jun 03, 2011 1:40am
638 Views
Post# 18665970

Muddy Waters

Muddy WatersMuddy Waters has put together a very imnpressive amount of data. Much better than most bullish analyst reports I have ever seen. The fact that they state that they have their own money short on this company ADDS to their credibility and you better believe they have done their homework. Those that don't know the shorting business have likely never heard of these guys. They are very good at what they do and have a lot of credibilitywithin their network. Any significant fund manager who knows these guysand long TRE will take this report very seriously. My hats off to these guys. I actually think they do investors a great service by exposing frauds. Too bad they didn't do it a lot earlier when the company wasn't so highly priced, they would have saved a lot of people a lot of money. Watch and learn folks!
Bullboard Posts