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 pinecone11on Apr 18, 2012 9:28pm

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Post# 19810469

RE: defamatory comments

>Real analysts are not allowed to take personal positions on stocks they cover.<

So what's a real analyst?

Is that like an RBC Paul Quinn type analyst who swears by a stock just before dropping it like a hot coal?

I suppose no one could accuse Paul Quinn of being married to HIS stock.

In coming out in defence of the embattled company, Mr. Quinn is the only analyst tracked by Bloomberg that has a bullish recommendation on the stock. Most other analysts have dropped their target prices. Credit Suisse has cut its target to $6 from $28 previously. According to Bloomberg, Mr. Quinn is sticking to his $27 target. Sino-Forest shares traded at $4.72 on Friday in late morning trading.

https://www.theglobeandmail.com/globe-investor/markets/markets-blog/rbc-sticks-by-sino-forest/article2055556/

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