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 08, 2011 7:51am

253 Views

Post# 18685360

RE: Very worry

You can't trust anyone these days... When I invest - I try to find companies that have very greedy management at least I can count on their greed to push the sp higher... Like many on the blog- I am just amazed that one shorter with small report can do so much damage so quickly to a large company - sad thing about all this is it takes time for companies to respond to this kind of thing especially when they are in different time zones and most of their documents are in a different language - while this is happening the sky continues to fall....

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