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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Post by taman1on Oct 26, 2011 4:07pm

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Post# 19183965

TRE better looking now

then when suspended by TSX. At that point when "appears" non arm length and "appears" fraud suggested were troubling. After a few months with only good news and no bad news TRE is looking good and better everyday. SVM provides clue as to how TRE will perform if PWC report is positive. SVM has gone up over 60%. Using 60%, then TRE may open at $7.70, if PWC clears TRE. I think PWC report will be known before TRE trades again... and then it will be up to Chandler to do his thing LOL

I am of course conjecturing here like everyone ... just to make our prime rib looks juicier ..Cheers

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