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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 ArcticMinoron Jan 14, 2012 3:19pm
290 Views
Post# 19404420

RE: RE: RE: who here

RE: RE: RE: who here

dashabra,

Those are good points to consider, you may be correct. My only thing to add is that didn't they come out with a report saying it wasn't a fraud, and stated that the issue (why they can't release Q3) is because of some, and I was under the impression a small, amount of the trees can't or haven't been accounted for? We are all speculating, the worst part is that the speculation means nothing, it's not like we are speculating a trading stock. My impression is that bills weren't being paid because they wanted to be in default to eventually take it private paying pennies on the dollar for the assets, leaving us all in the dust.

I think one thing is for sure, at this point, everyone is out for themselves in this investment. I don't think retail investors are on the minds of anyone, including the BOD. I could be wrong on all of this and haven't really been following the story, because the money I have invested is now considered a loss. I stop by once in a while to see if things are playing out the way I saw them going. Unfortunately, none of us control our fate with this investment.

 

Bullboard Posts