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Toubani Resources Ltd T.TRE


Primary Symbol: TOUBF

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

Bullboard Posts
Post by unclesam2on Jun 19, 2011 5:07am
1071 Views
Post# 18734616

Got something from Louisa Wong at IR

Got something from Louisa Wong at IR
- I had sent an email to Louisa Wong at Sino Forest's IR regarding today's G&M article. Here's what she replied:

Thank you for your email.

 1. The reporter has not studied the Master Agt before they called our agent for trees for a phone-interview.
2. Reporter has insufficient understanding on tree agency arrangement, buying tree only and buying trees with land.
3. As a result, asked misleading/unclear questions leading unclear answers thus misinterpretation.
4. Told reporter of the misunderstanding and that a written clarification from our supplier will come in 12 hrs. Globe refused to wait and not even mentioning the arrangement for clarification in the article, which is not very professional as he is trying to create a "sensational" read and following.
5. Not sure why Globe & Mail allowed a reporter to do such. Seems to report with pre-conceived theme. Not open and objective.
6. Our numbers are correct.

 

Best regards,

Louisa

Bullboard Posts