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 whoa_rimcheeseon Jun 24, 2011 6:19pm

162 Views

Post# 18763677

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: China'

If he is part of fraud, isn't that even more of a reason to leave? And, wouldn't members of Board note the same tax irregularity - if it is as simple to identify as you believe it is - then anyone who spent a couple years as a director would see that the timber transactions never happened - right?

Even if TRE is legit, I wouldn't expect E&Y to be saying anything about the 1st quarter.

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