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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 Corrigan1on Aug 31, 2011 11:30am
303 Views
Post# 18997951

RE: Grasping at straws

RE: Grasping at strawsAny even handed observer can feel the relentless "PILE ON" on TRE ...

tarman1, I really liked your post and it really goes to the heart of the matter. It made me think about a post I saw yesterday on the YLO board, which I would like to quote (link included):

Boyd Autobody? Everybody said it was going under, the ceo was gettingpaid to much & they were all a bunch of crooks. It was trading undera buck, it's now around $12. Very similar banter with lots ofdowngrades, too much debt, lots of I told you so posts.Hey, yes, it's been a major dog but it's way over done. It happens time& time again, over bought to over sold. You figure where it's atnow.
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30133571&l=0&r=0&s=YLO&t=LIST

I looked it up and Boyd (BYD.UN) was truly tossed in the dumpster by investors. 5 years ago you could have picked it up for about $1.50 but Intraday today the units are trading at $11.80.
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