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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 steeplechaseon Jun 06, 2011 6:09pm
429 Views
Post# 18677896

Another consideration...

Another consideration...Is the Chinese government response to all of this.  We already know that another company, Orient Paper, was largely vindicated of fraud after their MW report , yet it's shares never fully recovered.
  
China wants to encourage investment from the West, and in the past few days many Chinese stocks have been pummelled (guilt by association).  You can bet that the government will be taking steps in the future, one way or another.
  
Since personally I find Carson Block a distasteful little worm, I hope the Chinese government decides on bamboo under his fingernails till he squeals his guilt.  As you can guess, I'm a SF long.  LOL
Bullboard Posts