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 FmrAnalyston Aug 24, 2011 8:38am

371 Views

Post# 18973958

RE: RE: UPDATE 1-Sino-Forest Is Broke

Agreed 100%. Cash flow fear mongering and even the S&P reduction will only be used to attempt to push out weak holders and accumulate at lower prices. I was initially ecstatic this morning when it appeared the stock would open around $4.25 but not surprised with the games that are played. There may be value shortly after the opening bell but I'm hoping for a nice rise shortly thereafter.

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