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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 taman1on Jun 10, 2011 4:47pm
449 Views
Post# 18701211

RE: RE: RE: RE: last 15 min could push it up highe

RE: RE: RE: RE: last 15 min could push it up higheNot to worry as long as u keep your holdings manageable ... my explanation for the sudden drop again is the robotic trading system ... they only day trade, so they have to square their position regardless of profit or loss ... algorithm trading ... they lose on majority of trades but keep it small and make alot on trades that on the average cover their losses and in the end they squeak in with a tidy profit for the month ... nobody knows their parameters except themselves and it is a prized secret ... it was on 60 minutes ... so do not worry about this sudden drop as though the shorters or some "smart" genius got an inside track ... the inside track was the drop from $20 to $4 .. now it is just picking up the pieces ....so IMHO today regardless is good news, how the stock trade is irrelevant today because the system is too big for us to handle ... longer term it will work ... it did for me since the market crash of 2008 .. understand why you bought and set your target ... if the worst happens, the manageable part will save you ... Cheers
Bullboard Posts