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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 Feb 22, 2013 12:26am
272 Views
Post# 21026922

RE: RE: Question

RE: RE: Question

I guess my question has a few assumptions that may be over the top.  It would not be unheard of though for a reverse stock split first to get HNDI shares in line then complete a merger.  Not knowing some key questions I would not recommend one but I was doing some out loud thinking. The question was merely to elicit some discussion.  I appreciate the information about Layne.

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