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 Preteriston Jun 24, 2011 10:20am

260 Views

Post# 18760700

RE: RE: RE: China-Biotics auditor, BDO HK, quits.

"Good question. No. Ernst and Young is the current auditor but BDO wasthe auditor 4-6 years ago...the circumstances are strange (go look it upif you don't trust me) as Ernst and Young was the auditor but then theyreplaced E&Y w/ BDO (around 2004/2005) but then reinstated E&Yaround 2007? My dates may not be exactly correct but they're aboutright.

So In short auditor history: E&Y then BDO then E&Y again.

E&Y and BDO are both being sued currently (both are named as well as other parties).

Thismay be nothing or may be a big deal as the details of the China Bioticsstory suggests that BDO HK may have been duped by ChinaBiotics...that's the PR at least (as you can see in the link Iprovided)."

Exactly. It has no bearing whatsoever.

I wonder how many U.S. firms have BDO as auditor...are these frauds too?

Bullboard Posts

Gold Flora's Gramlin holds court in California cannabis market