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

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Comment by guillermozon Jun 22, 2011 11:49am

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Post# 18750363

RE: RE: RE: OUR SYSTEM

...first of all Mr. Pinecone, I am long,(bought in around $4), but would like to get out and will wait for the chance...my point was that fraud will be found in TRE because fraud can be found in any company, and the stock price will never recover to any great extent...the damage is done and is permanent...it isn't a case of whether fraud will be found but rather how much fraud will be found...CB is in a very good business and he really can't lose because he will always be right to some extent...regulators in this country are very mamby-pamby, and he is quite safe, IMO, working in Canada because Canada is a haven for white collar crime...it would be a bit different if he picked on US companies...the SEC might be more likely to go after him there...

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