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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 Preteriston Jun 29, 2011 7:37am
233 Views
Post# 18777971

RE: A question for the legal eagles !! on this boa

RE: A question for the legal eagles !! on this boaI agree completely!

Muddy Waters KNOWS that the info that is being disseminatedwill cause a dramatic price drop.  That is his whole purpose.  He shorts the stock BEFORE release of info.

Insider trading...the company KNOWS that info will be forthcoming that will cause a rise in share price.  If they purchase BEFORE the info becomes publicly available, they will be charged with securities violation.

Premeditated short selling (murder a stock) should be punishable under the security's act!
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