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Toubani Resources Ltd T.TRE


Primary Symbol: TOUBF

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

Bullboard Posts
Comment by Georgeboy11on Aug 28, 2011 10:22am
271 Views
Post# 18987126

RE: RE: Great opportunity for a BUYOUT........$$$

RE: RE: Great opportunity for a BUYOUT........$$$Dal, I believe Leaf's point is can be made if you looked at the comparison between v. BER and TRE's current situation.  v. BER got away pretty squeaky clean after releasing numbers that just weren't credible yet when they were halted and the OSC did their investigation, BER's trade prior to their NR was all nullified yet look @ where they are trading now.  BER should have been skunked but stupid investors are still diving into BER like nothing happened!  So, to get back to Leaf's point then, if BER is an example of a minor fraud, where would that put TRE's current status?  Will TRE get a slap on the wrist and then trade like as if nothing happened?

On another, yet similar, note, TRE will certainly open below $1.29 in fact well below $1!!!  The longer it is halted, the longer TRE is dragged thru the ringers, the more pessimistic fund managers will be.....they'll be getting rid of TRE from their accounts in a jippy! (Sell @ mkt to bring things right down!)
Keep v.RBV and v. CQ on watch folks over the next few days!
George
Bullboard Posts