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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 Preteriston Nov 22, 2011 1:40pm
590 Views
Post# 19258063

TRE & OSC

TRE & OSCI don't see any signs of Sino Forest aggressively pursuing the lifting of the trade halt.  I think they themselves would like to see the final PWC report on the heels of their third quarter reporting.  Maybe even some time for the vindication to settle in...despite the media's present reluctance (putting it mildly)to accept the 5-month 35 million dollar report undertaken by a separate and very well-known auditing firm.  The media is more inclined to side with a guy and a laptop with motive to short sell...it is quite funny actually...
Bullboard Posts