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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 Preteriston Sep 06, 2011 9:21am
374 Views
Post# 19013709

RE: Bre-X

RE: Bre-XJoadie,

I am shocked that you too would offer a comparison of Sino Forest with that of Bre-X!

On March 26 Freeport reported that its due-diligence cores, drilled onlya meter and a half from Bre-X's, showed "insignificant amounts ofgold."

Did you get that?  "Insignificant" versus the largest gold claim supposedly ever encountered...

Sino Forest has trees alright, and lots of them.  They have been paying their 4000 employees for quite some time now.  Perhaps you would care to enlighten all of us here as to exactly how many hectares they have?

The situation has not changed.  It is the same circumstances now as it was back in June 2nd when YOU were holding shares.  Maybe it was you who thought the PWC report would be squeaky clean right down to a single dollar.  I have always thought there would be minor discrepancies which is all to common for corporate entities.  Nothing has changed for me except Chandler's desire to make a go of this company.  I have always thought that the shares could be halted at any time, so nothing new here.

If anything, things look better than when I first purchased, albeit TRE is getting crucified in the media over and over again on the same original allegations...

Wounded?  No, at least not yet.  We all have to wait for the evidence to appear before convicting anyone - but most aren't waiting, like yourself, for instance.
Bullboard Posts