Lots of mistakes by Ruby 1. Using up their cash to keep buying property
2. Not having a real engineer that has produced alluvial gold
3. lack of transparency
4. not figuring their grams per ton or recovery rates ( at least not publishing them)
5. No reports for the record only phone calls to some investors
6. hyping the deposit without any real evidence to support it
7. Not telling investors production had stopped in a timely manner
8. Running up the price early on by hyping the deposit at shows
9. Using a loyal investor base to buy stock on blind faith
10. lack of good equipment and a well thought out plan.
Law suits may be forthcoming.