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.

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Toubani Resources Ltd

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Post by markvrdon Aug 18, 2011 9:57pm

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Post# 18958694

today's prediction

Guess my prediction that it would manage to go green today despite the gap down in the morning was a bit off. However, it did try a few times there and with TSX closing down 400 points, I guess it held up decently well over the day. Not much was in the green today though many things did bounce off morning lows.

No huge volume today after some initial promising looking action.

I'm still quite happy with the 5.00 TRE purchase at open. Up a little bit on that though down so far on my re-entry into the TRE roller coaster rider. I suspect a strong day is coming soon. We'll see I guess.

Mark

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