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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 markvrdon Jun 28, 2011 10:44am
188 Views
Post# 18773652

RE: Where are all the resident bashers?

RE: Where are all the resident bashers?Pinecone and EquityTrader have moved on.    Keep in mind there isn't that much of a short position out there anymore.   Financial post showed it at less than 5% of shares out on the 15th and it was rapidly on decline (one of the fastest declining short positions out there).

The bashers who are here are therefore mostly bashing to get cheap positions.   Once they get in, they probably sit quiet while it goes up and then start to chip away again once they've sold.

Mark
Bullboard Posts