Toubani Resources Ltd T.TRE

Primary Symbol: TOUBF

Metals & Mining Gold

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.

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Toubani Resources Ltd

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Comment by whoa_rimcheeseon Mar 31, 2012 3:17pm

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Post# 19743605

RE: RE: RE: Chandler should sue

Houndtrader - the fact not all noteholders are jumping on board is actually more bad news than good for shareholders. It means that the noteholders don't even feel THEY are getting enough....meaning they want more favorable terms. That tells us two things - that they are expecting a very low amount on the dollar, and shareholders will almost certainly get nothing. That is why I will extend my offer to you - 0.5 cents for your shares. Offer is open for 5 days.

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