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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
Bullboard Posts
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(27)
•••
Comment by bwlingon Aug 07, 2011 10:38pm
393 Views
Post# 18914562

RE: RE: RE: RE: TOP 10

RE: RE: RE: RE: TOP 10If you read the news release closely, the $6.09 ACB refers only to the latest 2.7MM shares that he bought; not the entire 18% stake he holds.

Here is the link to the news release

https://sedar.com/CheckCode.do;jsessionid=0000OBVaEEUjlXDwgvGj-p1qKUe:-1
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities