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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
Comment by Chileanmafia1on Jun 07, 2011 7:16pm
370 Views
Post# 18683869

RE: In at $4.25

RE: In at $4.25Me too in at $ 4.00 - what amazes me is that how many companies out there could defend themselves on the minute from an attack like this?  All the stuff that Sino Forest has is in Chinese - I know what's its like trying to translate stuff - we do all the time in our operation - Spanish to English - takes time to do a translation - Muddy knows this...
Also Muddy timed it perfect when they dropped their bomb - caught mgt with their pants down their report was dropped when mgt could not respond accordingly due to the time difference.  
Unfortunately - the market is emotional and its much harder to climb your way out then to fall into a deep hole.  I am hopeful that its only a little bit of monkey business on Muddy's part - nothing too serious and the price rebound accordingly...
Bullboard Posts