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

Bullboard Posts

Post by jrock83on Jun 15, 2011 7:04pm

283 Views

Post# 18721140

Insider activity overblown

I have seen countless times where TMX shows an insider trade and it doesn't show up on SEDI or canadianinsider.com. Many times it can be a mutual fund or large shareholder that triggers this. If it shows up on SEDI then obviously there is cause for concern but I highly doubt they would be dumping for a measly $21K if they were guilty. Don't listen to these bashers. There is a lot of uncertainty but don't let these mindless scum get into your head.

Bullboard Posts

Cross border trading in Canada and Australia