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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

Post by mermooon Feb 01, 2012 4:50am
290 Views
Post# 19472790

Jonggua and Cadillacsam

Jonggua and Cadillacsam

 

Cadillacsam had a point about the company not responding to the cease of trading and the questions resulting from that even if it came across as confrontational (remember I started here in such a way).  The company needed to show they considered it important to ease all investors’ minds.  There are so many bogus companies on the exchange that others need to respond to issues faster although; from the 26th to today is only 6 days.  Ruby Creek may have decided to wait because of the pending PR they recently released so a bit of patience may have helped.  An update on the status of the land rights may also be helpful even if they only report that the matter is still under investigation.  Reminding people in that update that production has begun should help those like Cadillacsam (you know there are more) understand Ruby Creek is here to stay.

That being said, the shareholder meeting PR stating gold production has begun is a very welcome sight.  It helps show, to those that are concerned Ruby Creek is just a flash in the pan, that they are moving forward with plans despite the idiocy of the Canadian exchange.  What would also help is in the next week or two they release information about the amounts of gold they are finding.  I realize that it is early for some information but nothing could help this stock and stockholders more than a good feed of positive information.  Lets go Ruby!

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