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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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Post by markvrdon Jul 18, 2011 9:55am
533 Views
Post# 18841727

The was some news

The was some newsThe news that is out is:

a) Carson Block can't even run a single location self storage operation in China and has a very "varied" career with no specific investment training besides his dad being in the business. Read the interview/profile of the man -- some classic quotes in there about why his business isn't registered with any specific address and how he went under disguise when dealing with sino forest IR. It is incredible that the markets have given this guy so much leeway/credibility:

https://www.theglobeandmail.com/report-on-business/managing/the-lunch/carson-block-the-man-who-felled-a-forestry-giant/article2099190/

b) The other news this weekend was about the strength of Chinese demand for Canadian forestry products which, again, leads me to think TRE is very well positioned:
https://www.theglobeandmail.com/report-on-business/china-edges-out-us-as-bcs-top-lumber-market/article2100185/
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