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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 renoldmanon Jun 03, 2011 11:29am
434 Views
Post# 18667788

RE: RE: Interesting CCME + 3 weeks = TRE Report

RE: RE: Interesting CCME + 3 weeks = TRE ReportIt's halted.

I have some shares frozen in my account.

They are taking their sweet time in filing annual financial statements and they did some purchases without letting the exchange know.

Though I was under the impression they did? Maybe they just bought more than they said or never told the exchange. In reviewing it quickly know, the reason for halting it (unannounced transactions) seems odd as I have a faint memory of them announcing some sort of deals in the past.

Anyways there has been management changes and the company hasn't released any financial statements.

Only been 2 months of no trading, maybe by September it gets resolved.
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