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

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Comment by coalMiner4on Jun 23, 2011 11:53am

221 Views

Post# 18756024

RE: How come China Based Investors not Buying?

I would be more worried if the Sino management was dissapearing or jumping out windows. The silence really pisses me off but one would assume they have been told to shut up until the facts can be laid out. Some positive PR would be nice, who knows what is going on.

And how do you know wealthy chinese are not silently accumulating? Shares are cheap, why would they announce "hey we are buying!!!!" to drive up the price to screw themselves out of this current bargain?

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