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

Bullboard Posts

Post by Barolo12on Jun 09, 2011 3:58pm

293 Views

Post# 18695442

At least we stayed above $5

Not the close I was hoping for, but staying above $5 is a good sign. Up 4.67% from yesterday's close so we keep climbing the hill (slowly).

I am beginning to think I should day trade this thing (sell on the morning rise and then buy back at the close), but just when I decide to play that game the price will take off and not come back down. Have been caught like that before, made a nice profit, but missed the really big profits.

Any predictions for tomorrow? A repeat of today, rise up to high $5 range and then drop?

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