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.

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Toubani Resources Ltd

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Comment by gossincon Jul 04, 2011 12:06pm

400 Views

Post# 18792965

RE: RE: Next stop 6.00

I did this with Fairfax Financial too. I bought a block at $100 and sold months later for $330 and the only difference was that media and hence, chicken littles changed to more positive. Eric Sprott is right when he says it is like stealing.

This is a triple from here and I am keeping all shares as it will eventually eclipse its high as it is a great business and has strong fundamentals in the demand for the fibre and in cash , earnings etc.. Gotta love this. Last shares were bought at $2.15 YUM

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