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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
Post by Goldman9on Apr 08, 2012 10:46pm
460 Views
Post# 19770550

Very possible that SF

Very possible that SF

has only a few million forest assets  or less ( note: just forest trees, not the lands), while it has $1.8 Billion debts. So, in reality, it's actually worthLess. That was WHY it did so huge frauds in its accounts to cheat investors.

$1.8 Billion debts, little assets, Bankruptcy, all put together, it's worth huge negative!

Bullboard Posts