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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 whoa_rimcheeseon Mar 20, 2012 11:12pm
184 Views
Post# 19697991

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE

Yes a forensic auditor is required to do a forensic audit. Of course. When I stated an accounting firm can be hired to do a forensic audit I was referring to the fact that PWC in this case WAS NOT HIRED TO DO A FORENSIC AUDIT.

If you read the report, the only specific work referenced done by PWC was that they were asked to confirm the cash balances. 

What is your spin on this Reqtum:

 

  1. The cooperation and collaboration of the IC with Management (operating under the direction of the new Chief Executive Officer) and with Company counsel in completing certain aspects of the IC’s mandate has been noted by the OSC and by E&Y. Both have questioned the degree of independence of the IC from Management as a result of this interaction.

This doesn't sound like PWC was hired to complete a forensic audit. If you actually used your brain, you would realize that PWC was engaged to advise, and complete some specific procedures. Not a forensic audit, not enough to conclude, not enough to express any type of opinion.

PROVIDE THE LINK AND QUOTE..........AHAHAHHAHAHAHAHAHAHAH 

Bullboard Posts