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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
Comment by whoa_rimcheeseon Jun 23, 2011 3:45pm
240 Views
Post# 18757709

RE: RE: whoa - common ground

RE: RE: whoa - common ground1) They are only taking on more risk if the prices increase. Less risk if prices are falling. So, you are predicting which direction the price is going?

2) Greater than, less than, and equal to are three different things. So, you are missing the one I was referring to. Probability = 0%. Not less than 0% is implied, unless you need that kind of clarification.

3) 100% perfect is redunant. And yes 100% assurance is certainty - an audit provides assurance but not 100% - you didn't seem to understand that based on the fact you were confused as to why E&Y might want to double check some of their work.

Guess we didn't have common ground, but I still want to hold hands....lol.
Bullboard Posts