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 14, 2011 10:19pm

265 Views

Post# 19043638

RE: 1.5 billion facility

Yes, Taman...good point. You said, "...and why did TRE repay on time that loan in August .... "

I would like to see some posts by Drax, CedarW, and others who believe Sino Forest is a fraud in response to this one single issue. I would like to see how it can be spun to be seen as a negative. And then I wonder if the same comparisons can be drawn to issuing a dividend (which TRE could not because of the original bond contract) and that of a share buyback.

Please keep you post confined to this one single issue. Added fluff and more allegations not required (or wanted).

Yes, I would be very interested...

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