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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 Nov 11, 2011 5:31pm
328 Views
Post# 19231369

RE: RE: It is so obvious

RE: RE: It is so obvious"The RCMP must be short TRE as well, just like the OSC, G & M, CBC,etc. etc.  Lol, It is really entertaining to see some morons stilltrying to spin a criminal investigation into a good thing, some evenwent as far to try to discredit the RCMP.  Lol, I guarantee if you oryour family was in trouble or danger the first people you would becalling and wishing to see is the RCMP.  Some people should really notbe investing in the stock markets at all. Even good ol Joey boy has cometo his senses and accepted his fate, hang in there Joeboy the marketsare full of opportunity, just don't follow anybodys lead when it comesto investing (ie. Chandler, RequeimD, Preterist, etc.)    TRE wasalready toast, now this is the final nail in the coffin, welltechnically the report would be the final nail in the coffin.  CRIMINAL INVESTIGATION.Do some people even have any clue what that means to a company stockprice.  What banks, mutual funds, institution, pension plan, would evenwant to touch this assuming if it even resumes trading in January.  Ithonestly would not shock me to see the cease trade/halt order extendedlonger while the criminal investigation is taking place.  Just my .02cents."

The PWC report is the conclusion of the matter.  If they find nothing wrong or any indication of company-wide fraud, then the investigation stops for lack of reason.  Class action suits stops because there is no fraud.  However, the investigation and class action suits might be directed towards the shorters who had motive to lie.

There is a big difference in some employees or big shots embezzling from the company than the company being the fraud.  HUGE FREAKING DIFFERENCE!  If there are embezzlers, they will be found out and prosecuted - but Sino Forest remains a valid company with trees, income, expenses and wages being paid to real live people...most every company has bad employees.  Life goes on.

Condemn Sino Forest after the report if you still wish...

Nothing has been proven.  Wait until the report.
Bullboard Posts