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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Post by Preteriston Jun 13, 2011 8:09am

301 Views

Post# 18705948

Block wrong so far

He was wrong about Orient Paper...
He was wrong about Greenheart NOT having subsidiaries in Suriname. What did he do - just get a phone book and look up "Greenheart"? Idiot
He was wrong about the basic business model of Sino-Forest - knew nothing about standing tree sales...idiot
He was wrong in using the S.A.I.C. as a source for his numbers (quoted 19 times in his main report (also used the S.A.I.C. in his appendixes.

In short, he is just plain wrong!

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