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 flyinghorseon Apr 04, 2012 5:38pm

151 Views

Post# 19760202

RE: RE: RE: RE: RE: RE: RE: RE: RE: One possible B

So, the Chinese not only did not want to help, but started to turn against sinoforest because their suppliers did not get paid. Does that mean they actually loved to see sinoforest disappear? Sinoforest was expanding so aggressively from the south all the way to the north. I guess they started to lose sleep. Then came along a short seller. ... Why would they want to help? So, sinoforest found themselves between a rock and a wall. Between shortsellers, osc, rcmp on one side, and uncooperative Chinese -- the AIs, suppliers, forest officials ...on the other. That could explain everything we have seen. just my opinion.

We, as investors, are the only losers, bondholders or shareholders alike. What a sad ending.

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