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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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Comment by dvptrafficjamon Aug 10, 2011 12:12pm
209 Views
Post# 18926524

RE: Entry Point

RE: Entry PointSheesh.. I would have said anything as close to $4 as possible.

The problem here is that sentiment is swinging from extreme pessimism to extreme bullishness (big buyer tossing in his millions), but the truth is somewhere in between...

I would say you should enter in small steps. Put $2k in, wait until next week, if it looks good, add another 2k and so on.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities