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 rexitnopon Mar 29, 2005 12:34pm

237 Views

Post# 8824399

RE: Sold my 2,000 shares

gungho, I hope you didn't sell based on that Jennings recommendation. Let me give you a little more info about Jennings and the analyst who is making these "recommendations". Date Close Recommendation 1-Year Target March 16, 2004 3.40 HOLD 4.00 March 24, 2004 3.80 HOLD 4.00 March 30, 2004 3.30 SELL 3.00 This guy is just another ANAL-ist who wants to trick you into dumping your shares. Look at how quickly he jumps his targets around. Plus, he's working at Jennings. I've never heard of these guys, so the people working there can't be too talented.

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