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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 Mar 02, 2012 12:08am
250 Views
Post# 19615622

lawsuit question

lawsuit question

Maybe I am tired but can someone help me with a question?

Handeni Gold Inc. filed suit in Canada as a Canadian company.  On February 14th they effected a name change under Nevada corporate laws merging their sub with the parent.  If the deal to buy the land was signed with Douglas Lake as a Nevada Company why would their lawsuit be in Canada?  The parent company cannot move the case just because they merged the companies.  The deal was signed as US companies... Or am I wrong here?

Seems like this was a last gasp for them.  Canadian courts should be refusing the case as I read it.

 Am I wrong?  Help a poor tired guy out LOL

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