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.

OTCPK:TOUBF - Post by User

Toubani Resources Ltd

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Comment by Bestofluckon Jun 15, 2011 12:14pm

264 Views

Post# 18718671

RE: RE: 10 million shares

re the 10 million cross from TD.

Guess some client or funds had enough pain or was forced to sell .

Some funds can't hold stocks under a certian dollar value, maybe this is why this trade happened?

How really knows,but who ever sold was a big timer.

All we do know is whoever sold 10 million at $3 took a huge loss.

Just thinking outloud , would that open up more share avail to the shorts?

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