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 jimrabbiton Jul 09, 2011 5:50am

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Post# 18813672

RE: RE: RE: Caphanaum - correction

sino-forest claimed their income was partly from buying and selling forests (whatever the hell that means) so for them it would be income from "operations" just the same as a real estate speculator would have income from buying and selling real estate (because that is his "business"). but speculation isn't a stable business is it - you would have wild fluctuations in income from one year to the next. by the way how many real estate "speculators" are listed on the TSE? not too many i think. the Chinese there are billions of them, they've been around for thousands of years, do you really think they are so stupid as to not be able to realize the true value of their own trees that they need some canadian company to take money from under their noses? i think not.

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