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

Comment by knowsnothing613on Aug 10, 2011 2:21pm

85 Views

Post# 18927284

RE: RE: SVM looking strong

Uhm.. is there even a supply shortage of silver?

Most of you silver bugs buy silver because of a historical relic called the gold:silver ratio. But that ratio was used before large-scale copper mining, which produces large amounts of silver as a by-product. Some of the world's largest silver producers are copper producers. So I'd rather buy copper plays.

I'm not bullish on silver. It'll crash once gold starts to correct.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario