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 markvrdon Jun 30, 2011 2:07pm

150 Views

Post# 18785692

RE: RE: RE: S & P downgrades Sino-Forest

Well we're at less than 2/3 of stated NAV based on the word of a speculator who trashes stocks for a living. There would have to be some serious accounting errors/cover ups indeed to lose track of that kind of value.

Most companies trade for a lot more than NAV when they are in a strategic market.

We're here based on a short seller who trashes companies for a living giving us his say so. He's not proven a fraud once so I'd say he has some credibility issues.

I'd say there is some remarkable upside here.

Mark

Bullboard Posts

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