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

Bullboard Posts

Comment by unclesam2on Jun 18, 2011 12:58pm

250 Views

Post# 18733385

RE: RE: Just to Muddy the Waters

- Investigative Journalism !!!... what an oxymoron.... Let's see if Sino can come back with a reply.

If the management at Sino is "really honest", they will have to clarify the G&M allegations about their holdings.

Reading the article, I can tell that the reporter has done a very "poor" job at reporting the facts. However, TRE is in a box right now since they are the "target" for the attack.

- If the management keeps quiet on this till markets open, TRE will continue its downward slide. Luckily, G&M gave them at least 48 hrs to report their side of the story before the market decides their fate. I hope this is "time enough" for them.

- Ball is in TRE's court and they have to act !!

Bullboard Posts

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