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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 draxteron Nov 21, 2011 8:27pm
191 Views
Post# 19256034

RE: Draxter

RE: DraxterThanks Pai, fair observations.
If Carson truly believed what he is saying, then he isn't liable. He has to knowingly know otherwise, and how could he, even TRE had to spend months and millions to know better...See how hard it is to show that he knowingly made false statements? He can state as emphatically as he wants whatever he wants, but its still an opinion, an interpretation of facts. Just like one broker has a $20 stock with a $30 target and another broker has the same stock with a $19 target...here it's just more skewed, but same principle. The big difference here is that for some reason the market chooses to listen to Carson and much less so to other shorters, or other more bullish analysts. but he can't be held responsible for the bizzar market psychology either lol.
The cases you spoke of in the boards were against people who knowingly spread false allegations while attempting to conceal their identities, here you got a guy out in the open saying his opinion outloud and emphatically.He gets paid to have an opinion, that is his job. He may be wrong, he may be right, but no way of knowing for sure until after a lengthy and pricey investigation(s).
Bullboard Posts