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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 taman1on Nov 15, 2011 5:38pm
417 Views
Post# 19239655

RE: R.C.M.P.

RE: R.C.M.P.

I agree the investigation by  RCMP will be withdrawn . The threshold for criminal wrong doing is high, very high ... so far the balances, assets and revenues all are reconciled. Do not forget the lawyers and the Canadian Directors are very knowledgeable in these kind of stuff. They are ready with their report and they came out so forcefully ..almost like Silvercorp except no shouting LOL

The worst is over ... this is now just some governance issues

Tre may open at $10 and then races to $20 and settle somewhere in the middle .....It will most probably start trading the first week of Dec ..... just my 2 shares, now it is worth alot more than just pennies LOL

As for suing TSX, it may be difficult as they acted on some info they received ...Jim Doak did speculate CB and G & M and the 2 weeks window of action ....Do not think you can sue TSX for acting hastily LOL ,,,but CB and G&M ???? ...well Martin , the CEO did say we reserve the right LOL

All in all just glad that there IS NO FRAUD ...we now know it is different culture of business, too few layers of support staff and attitude ....Cheers

Bullboard Posts