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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
Post by glorieuxon Jul 05, 2011 10:38pm
501 Views
Post# 18799284

Morgan Stanley

Morgan StanleyHere are the results of the last 2 days by MS:
Anyone think they are blowing smoke with 56M dollars spent in 2 days? MS are the shorters worse nightmare and there is no sign that they are slowing down, they bought heavy right till $5.25.
Date
Bought
$Val
Ave
Sold
$Val
Ave
Net
Position
$Net
$Position
20110704
3,734,000
16,830,641
4.507
12,300
51,388
4.178
3,721,700
3,721,700
-16,779,253
-16,779,253
20110705
7,978,500
39,260,601
4.921
557,311
2,835,818
5.088
7,421,189
11,142,889
-36,424,783
-53,204,036
TOTAL
11,712,500
56,091,242
4.789
569,611
2,887,206
5.069
11,142,889
-53,204,036
Bullboard Posts