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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 Preteriston Sep 01, 2011 10:41am
257 Views
Post# 19002352

RE: RE: RE: Simon Murray (clearer post)

RE: RE: RE: Simon Murray (clearer post)Leonardi, I disagree...

You said, "If they wait and allow allegations to be proven wrong, then they wereright to halt the casino and wait for fact to dictate investment, ratherthan conjecture."

I am one of those who prefer to be allowed to exercise my own judgment.  If the allegations are just allegations and prove to be wrong, then the OSC has acted unfairly and upon allegations, not fact.  This is the problem.

Telling investors that they can not buy or sell any stock without proven facts is plain wrong.

I even have trouble with halts in general.  How does it protect the investor?  It locks them in for bad-case scenarios (can't sell until it opens again after the media [who was not locked out] has had its usual say).  And in good-case scenarios (gold strikes, fro example), it locks out investors who wish to purchase at near normal levels...
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