Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by shiftmanon Apr 22, 2012 10:55am
327 Views
Post# 19821296

RE: Gone for Good?

RE: Gone for Good?

 

Spade a spade

Last year when the name CB first hit the papers and the stories of Sino forest made the headlines of every paper in the country and we were all wondering is Sino Forest a fraud.  At that point we knew there is a problem.  The shares were trading widely people were screaming profanites why don't OSC or TSX  put a cease trade order on the stock. Well we knew at this piont in the game we had three options get out, stay in , or day trade.  If you called Sino they had nothing to say, empty offices, a dumb bit*h of a secretary who can hardly communicate in English, a board of directors who did nothing. Now your wondering if your shares are worth anything. You know that Sino insiders sold there shares that should have been your 4th  clue. R Chandler buys distressed companies clue # 5. I know it hurts but your shares are worthless paper now as the directors will make sure there pensions are taken care of, severance money is secure  and that there is very little money left so bankrupcy can go through fast so the true story never hits the papers, OSC , TSX will want ths to go very smooth also so they don't get their as*es sued off. They sanctioned this fraud from day one gave the license for it to operate.

Now you have a nice tax loss against future gains so its not really all bad, as you won't have to pay so much to Harper next year.

Hope this helps.

 

 

 

 

Bullboard Posts