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 unclesam2on Jun 23, 2011 7:50pm

314 Views

Post# 18758626

RE: RE: RE: robnhood - the discussion

- Hey Robnhood... by salvaging...do you mean you see TRE seeing a price appreciation in the next 2 - 3 months.

- The way I see it....No news for a few days might be good for the longs.... also the "Buy the rumour, Sell the news" factor might play out in July. Once PWC comes out with thieir findings... the SP is anybody's guess.

- Technically...$3 needs to be taken out convincingly (right now acting resistance), then it is 4.00, 4.50 and $5.00....$5.00 will be hard to take out and I believe will be a prime area for shorting again !!... 200 dma is a far target !!!... looks kind of unachievable !!

GLTA....

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