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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
Post by Corrigan1on Sep 02, 2011 1:14am
612 Views
Post# 19005661

Index Investors

Index InvestorsAlthough the recent announcement that Sino-Forest was being dropped from three indexes, Composite, Completion and Materials, we won't need to worry about a large overhang of TRE shares from iShares. I just checked the iShares site and the tallies show that Sino has been effectively removed from their ETF's as of September 1, 2011. Here are the share counts for the 3 ETF's.


XIC 2,240
XMD 1,147
XMA 2,054
5,441
Bullboard Posts