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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 Preteriston Jul 25, 2011 5:14pm
436 Views
Post# 18870757

Shares lent for shorting

Shares lent for shortingDoes anyone know what percentage of Sino Forest's shares can be lent out for shorting purposes?

At a float of 246 million shares, I find it very difficult to believe that 85 million had been lent out on June 5th...

Why the huge discrepancy when you type in "SNOFF," the U.S. counterpart?  It registers barely over the zero line...

Is it possible that the short number is related to PRICE (number of shares times the price at which they were shorted)?

Don't really know the answer to any of the above.  Someone please enlighten me.
Bullboard Posts