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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Comment by draxteron Nov 21, 2011 8:17pm

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Post# 19256002

RE: RE: RE: RE: RE: MORE OF CARSON BLOCKS DIRTY WO

I was very careful when I said he can't be sued for having an opinion, because he can't. That's the law and the fine print (Carson has his own fine print lol).
Yes, he can be sued 'if' someone can show that he knowingly made it all up out of malice. Lawyers will be glad to sue any day of the week, twice a day. But being successful is a whole other thing.
Same thing for TRE suits, they have to show that someone actually set out to commit fraud. Being a bad executive and making bad decisions isn't a crime
So let me rephrase, he 'may' sued, but it will not be successful, and that's why he's got insurance. Just like no bank will pay a dime even if they find some type of fraud at TRE.
In the meantime, lawyers get paid either way...There's a lesson to be learned here ;)

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