Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 8:49pm
391 Views
Post# 18684150

RE: RE: MAJOR DEVELOPEMNT...7:30 PM

RE: RE: MAJOR DEVELOPEMNT...7:30 PMWhat I know about managers of public companies - they are not trained crisis managers - they are usually smart people with good management skills doing the day to day stuff...
However  when a crisis hits (that is outside of the company play book) like for example when a mining company has a mob of angry villagers blocking its road and burning their camp  or a hydro company has a government pull its concession, or when a company is systematically attacked by a clever short seller and the accusations that take time to prove - then panic sets in.  
What happens next as a result of mgt not being familiar with crisis mgt is that the share price goes into a tail spin and the sky starts to fall - I have seen this happen many times over the years - but the good news is with time and good leadership at the helm these companies rebound...
it is also important to note that he market moves on emotion - for every negative comment about the company it will require 10 times the number of positive reports.  So Sino needs good news and lots of it!!!  
So this means that mgt has to hold the hand of the investor or else we will go into free fall....
i do think Sino management is starting to understand the mess they are in and they need time to sort it out - unfortunately time is not a luxury they have right now so for all of us with a position in Sino we have to hang on to our seats as we continue to ride this un-controlled un-manned roller coaster...
Bullboard Posts