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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 79AUon Jun 03, 2011 9:24am
434 Views
Post# 18666691

Untrustworthy

UntrustworthyI've stayed away from this one since I think it was 2004 when management came out of the blue with a massively dilutive share issue, but made sure they themselves were well looked after. It PO'd both shareholders and analysts for some time. I was lucky to dodge that one, but some of us have long memories. It seems questions about SF's forest holdings go back to 2004:

https://www.stockchase.com/Company-sl--slq-ID-slv-Sino-Forest--Corp.php
Bullboard Posts