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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.


OTCPK:TOUBF - Post by User

Toubani Resources Ltd
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Comment by shiftmanon Apr 01, 2012 10:00am
215 Views
Post# 19744663

RE: RE: RE: capital loss tax question

RE: RE: RE: capital loss tax question

If the shares are ever sold they will have to be reported as a capital gain at 100% full value .

i don't see that happening .

i would not be so quick to write them off Chandler or another company could purchase Sino Forest .

i don't forsee the OSC ever allowing shares to trade.

 

 

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Dealroom for high-potential pre-IPO opportunities