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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 26, 2011 4:09pm
436 Views
Post# 18875307

Too Much Emotion

Too Much EmotionSino Forest had a GREAT day today!!!  Let's not forget that.  How many other stocks were up on double-digitpercentage gains in the last three days?  The answer is none - only TRE was.

The sell off was likely due in part to some profit taking, usual scaredy-cats, and a quick drop in the TSX Composite.

Let's be happy that it has come this far WITH NO NEWS.

I am amazed.  People are already talking about tanking, etc...

Throw out the technical analysis until TRE re-establishes itself in 6 months to a year.

See you folks tomorrow.  Missed my guess of the close by a nickel.  Tried to sell half at $7.38 and missed by 60 seconds.  Rats!

Reinforce the reasons why you bought TRE in the first place and hold to it - whatever the reasons were.
Bullboard Posts