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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 bendergardenon Jun 04, 2011 8:38am
666 Views
Post# 18671155

Run for cover??

Run for cover??There are some entertaining posts here about shorts "running for cover" yesterday.

Um, how about strolling away laughing?

Any longs here taunting shorts at this point  basically resemble the guy in the monty python movie with arms and legs cut off threatening to bite the other guys kneecaps.

The shorts are gone and out I would imagine.

Those who were willing to jump in over the last couple days at $5 (new longs) might profit, if things swing their way, as they could.

I think , as one poster suggested, the market wants to see ownership of trees, and proof of liquid assets, niether of which is perceived as a particularily tall order.  I think it was expected yesterday, at least in some form.    I don't think they should wait very long addressing this. The "committee" thats "looking into it" best be rustling up some answers, quick as you like.

As I said in an earlier post, it was very ill advised to try to attack muddy waters credibility.  It was a waste of time and words.  No one cares about Muddy Waters now. Their part is over.  Sino needs to hit the key issues in the report, and deal with them. Not muddy waters. The issues.

This should not have been left hanging through the weekend by Sino Forest
Bullboard Posts

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