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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
Comment by whoa_rimcheeseon Jul 07, 2011 11:24am
264 Views
Post# 18806249

RE: RE: Volume

RE: RE: Volume5.00 is actually resistance. A few days closing above 5 is definitely needed.

The reality is that information tends to find its way out during times this like this; thus, if you see prices trend towards $6 and $7 over the next few weeks, I would consider that an increase in my estimated probability that TRE is on the "up and up." From 60% to about 75%. We all have our "guesses" - for example, jameslast would have the probability at 0%, blueballs probably at 40%, EOIM at 125%, minetheprofit (might have "jumped" after his stated short at $2, which would have wiped him out beyond 100%), pinecone - not sure, his opinions are often buried in proverbs and poems - but probably he is at 60%+. If you asked FRANJUL what he thought the probability of acquittal for TRE would be, he probably would respond, after a 5 minute pause, with a dallop of drool hanging from his face..."the letter W"

FRANJUL is an experienced trader. He predicted 4.25 for the open and 3.75 for the close......I suppose as a trader you can make money being off +/- 30%.


Bullboard Posts