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.

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Toubani Resources Ltd

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Comment by whoa_rimcheeseon Sep 13, 2011 10:45pm

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Post# 19039543

RE: RE: RE: RE: RE: RE: RE: RE: RE:whoa_rimcheese

Chinese companies operate here and have investments, but I doubt you see the Chinese national oil companies trading on the Canadian exchange anytime soon. These small RTOs with all primary operations in China and a listing in Canada are small, small potatoes.
TRE isn't going to be some large impact on Chinese/American relations - it will be meaningless actually. As far as Canada, yeah a little blemish, but it will just create greater investor awareness and scrutiny, and tighter regulation of these types of backdoor methods of listing on an exchange.
China is still known for forgeries, copyright infringement, etc. Just the way it is, as they don't have the same laws and controls over that type of thing.

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