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 casey13on Jun 20, 2011 8:34am

208 Views

Post# 18736787

RE: RE: TRE responds....

What needs to be understood in the market today is that it is run by hedgefunds. In the short term they can target a company and do whatever they want because of their massive clout (money). They naked short sell, they employ people in and out of the media to disseminate doubt. The truth no longer matters short term when they smell blood. They are currently doing the same thing to the gold stocks. They are all trading as though gold were 700.00 when it currently double that.

Anyone that thinks there are free and fair markets today is naive.

I think the company is being targeted unfairly and longer term this will resolve itself but don't expect the other side to play fair.

Bullboard Posts

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide