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 Chileanmafia1on Jun 06, 2011 8:43am

202 Views

Post# 18674457

RE: Short BNN article on TRE

I suspect that most of their proof is in Chinese - a language I am not familiar with and likely most investors are not familiar with either - the company will need time to translate information and I believe that the tour in July of analysts will be a good thing for shareholders... One thing that is easy to prove is the money in the bank - if they have $1.3 bn in the bank and they are making money then I am happy!!!!!

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