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Ruby Creek Resources Inc RBYC

Ruby Creek Resources Inc. is engaged in developing a gold property. The Company's project includes the Gold Plateau Project. The Gold Plateau Project consists of property, which has artisanal gold mining activities. The Gold Plateau Project is located in southern Tanzania approximately 150 kilometers north of the Mozambique border. The Gold Plateau Project consists of around 15 properties of prospective gold mineralized territory. The Company has mining and processing equipment onsite and additional processing equipment. The Gold Plateau Project is situated at the eastern margin of the Selous Basin where the Karoo and young sedimentary rock are in fault contact with low to high-grade metamorphosed rocks of Neoproterozoic age belonging to the Mozambique Belt.


GREY:RBYC - Post by User

Comment by mermooon Jan 27, 2012 12:22pm
127 Views
Post# 19457681

RE: RUMORS???

RE: RUMORS???

Unfortunately one must admit that this will most likely have an impact on the share price.  The move to cease trading will be picked up by the media and be rebroadcast.  Ruby Creek needs to get the equipment functioning and get some production going.  They also need to solve the questions as soon as possible (I am sure they already know this).  Hopefully they (and we) do not get left out in the cold on this one.

Good Luck to all.

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