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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
Comment by pinecone11on Apr 24, 2012 10:49am
295 Views
Post# 19828414

RE: Who hired Carson Block?

RE: Who hired Carson Block?

>Lawyers for Northwest and Ethical Investments LP (NEI), which manages Ethical Funds, and Comité syndical national de retraite Bâtirente inc., a Quebec labour-sponsored pension fund, filed their lawsuit on Monday in Ontario Superior Court, seeking $5.8-billion in damages for investors who lost money on Sino-Forest.<

>The plaintiffs, who were both investors in Sino-Forest, say they raised issues over the company’s corporate governance earlier this year, BEFORE the release in June of the critical report by short-seller Carson Block and his firm, Muddy Waters, that accused Sino-Forest of fraud.

According to a news release sent out by the plaintiffs’ lawyers, both NEI Investments and Bâtirente withheld their votes for MOST of Sino-Forest’s directors at the firm’s annual general meeting in May.<

https://www.theglobeandmail.com/globe-investor/sino-forest-faces-new-lawsuit/article2180679/

Before Carson appeared, some investors already knew/suspected SF was corrupt.

Was the whole Carson caper staged in order get the crooks on the BOD out of trouble?

Who are Carson's REAL China connections?

Just how far down the rabbit hole does the corruption go?

Bullboard Posts