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 whoa_rimcheeseon Jul 06, 2011 9:06pm

212 Views

Post# 18804003

RE: RE: A Somewhat Safer Way...

Time to put away the Fisher Price internal audit set, and actually do some research.

A option contract represents 100 shares. Thus, 20 calls, is in fact exposure to 2,000 shares, which means 1.25 * 2,000 = $2,500 in premiums received.

You should immediately close your account, and start one with a new username. If PWC evaluates trees like that, the timber assets could either come out as $300 million or $30 billion.

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Cross border trading in Canada and Australia