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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Comment by markvrdon Aug 23, 2011 1:11pm

268 Views

Post# 18971312

RE: Nobody Knows What Chandler's Doing

In fact, he could not have sold off his shares because there has not been enough TOTAL volume to sell of even a quarter of them since his last buy.

In fact we do know what he's doing because he is above 10% and must report everything on SEDI (or Canadian Insider if you don't like the SEDI interface.

We also have a good idea of where the first 10% came in because you don't buy 25,000,000 shares without the transactions and volume registering on websites that are readily available and easy to access.

Please don't take my comments as personal criticisms -- they are not intended that way. However, please go double check that math on what you're suggesting.

Mark

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