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 aussion Jun 16, 2011 5:43pm

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Post# 18726221

LAWSUIT

TORONTO, ONTARIO--(Marketwire - June 16, 2011) - Dundee Capital Markets Inc. (the "Company") (TSX:DCM)today addresses recent news releases by two Canadian law firms who havecommenced class action law suits in Ontario and Quebec on behalf ofSino-Forest Corporation ("Sino-Forest") shareholdersalleging securities law violations by Sino-Forest, some of its officersand directors, its auditors, and its underwriters. As a member of theunderwriting syndicates for the public equity offerings, the Companyunderstands that it is effectively named in at least one law suit.Although the Company has not yet been served with any statement ofclaim, the Company believes that allegations against the underwritingsyndicate are without merit and plans to vigorously defend the action.what we need,

So - is Muddy Waters a "pile of crap" or not Dundee?

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