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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
Post by ghost11on Nov 15, 2011 1:50pm
727 Views
Post# 19238794

TRE may open below last price

TRE may open below last pricebefore halt. Think 3-4 dollars is reasonable . could hit 7 dollars before sliding back toward 4-5.
Whatever, it is going to be a traders delight same like the weeks before the halt. Later the earnings report and quidance will determine where it will go, but don't see 10 before a year or so.
I had just 200 shares since sold all about a week before halt as can not afford keeping large position for long and halt was faily expected and for extended time as we posted before.
Bullboard Posts