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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 whoa_rimcheeseon Sep 12, 2011 3:54pm
123 Views
Post# 19034094

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RECarson Block is quite irrelevant at this point. Yes, he was the catalyst, and was the talk of this board for months, but now, he is actually meaningless in how this proceeds. The OSC is collecting their own evidence, as is PWC - they will not be relying on Carson Block's entertaining, somewhat poorly written, and at times, proven incorrect report.

The reality is he (CB) may be wrong on a number of things, but he shined the spotlight on TRE. If TRE is in fact a fraud, Carson Block will not be remembered for saying there were 5 former E&Y partners on the board incorrectly, he will be remembered as identifying a fraud before the regulators, analysts, and auditors.

Time to wake up to reality - this is no longer a case about Carson's credibility. Chan did not resign because of CB. The OSC did not issue a cease trade order because of CB. PWC did not delay the release of their report because of CB...etc. Time to forget about CB - he made piles of cash on the backs of the TRE longs - accept it and move on.
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