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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 Preteriston Nov 30, 2011 9:57pm
417 Views
Post# 19281623

RE: FP article on MW

RE: FP article on MWFrom that article...

"Iwould point out that the depth of our research means that we always tryto get a 360 degree view of the companies we invest in, wherever theyare based. This includes talking to investors and suppliers and, ifnecessary, doing further due diligence. This is something we have alwaysdone in order to get a full picture,” the spokesperson added."

Talking to investors???  I guess all the analyst coverage means everything, right?  And all the institutional ownership means everything, right?

Talking to suppliers???  What?!

What about talking to the company for more than an hour incognito...

And also from that article...

"Ordinarily,the fact that Muddy Waters’ position is so blatantly partisan wouldhave investors reaching for a grain of salt as they were reading itsreport. Instead, they are rushing to sell."

Now there is a consideration...

Bullboard Posts