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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 knowsnothing613on Aug 03, 2011 11:07pm
332 Views
Post# 18901863

RE: RE: Muddy Waters did get one thing right...

RE: RE: Muddy Waters did get one thing right...why do ppl always say 42M shorts. Where is this data coming from. stockwatch says this:

Short History
Symbol Report Date Volume Change % of Float
TRE - T 2011-07-15 3,717,561 -28,734 1.51
TRE - T 2011-06-30 3,746,295 -9,592,465 1.52
TRE - T 2011-06-15 13,338,760 -4,536,439 5.43
TRE - T 2011-05-31 17,875,199 -4,273,236 7.27
TRE - T 2011-05-15 22,148,435 -107,041 9.01

The data will be updated soon. But I highly doubt there are 42M shorts outstanding. If you're going to debate, debate on the facts.
Bullboard Posts