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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 msillusionon Jun 28, 2011 5:48pm
294 Views
Post# 18776207

RE: Muddy Waters strikes again

RE: Muddy Waters strikes againhttps://www.businessweek.com/news/2011-06-28/china-yurun-drops-amid-speculation-of-muddy-waters-report.html

"June 28 (Bloomberg) -- China Yurun Food Group Ltd. dropped in Hong Kong trading, extending yesterday’s record 20 percent plunge, as short selling surged amid speculation Muddy Waters LLC may issue a negative report on the pork producer."

China Yurun Food Group Ltd. was not the target but Spreadtrum Communications Inc. It will be interesting to see how much China Yurun Food Group Ltd recovers tomorrow.

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