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

Comment by Nununzacon Jun 19, 2011 9:07pm

243 Views

Post# 18735797

RE: TRE: 400 million shares traded since Jun 3.

Maybe a lot more than we think shorted this stock long ago. Now they are just buying the shares they have already sold to people like us and cashing in their profits. A buy order of 10 000 000 shares doesn't mean that much in such a speculative climate. It could be a legetimate buy order for long position or the cashing in of a short position. Therefore, I wouldn't rely on level 2 quotes to base my judgement on. For short position, I would base my judgement upon the emotional current and confusion, for long position I would base my judgement on fudamentals. And as long as the fudamentals of Sino aren't free of suspicion, I'd stay far from TRE.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?