Ruby Creek Resources Inc RBYC

material information withheld?

[cadillacsam]

How can a company go 5 months without informing investors that they would go into receivorship if there wasn't an infusion of cash and that this elaborate change of management/ ownership was not material?

Last I heard was someone had spoken to Mr. Hansen and he was optimistic about new financing and then nothing for 5 months. ( check postings from 5 months ago on the message board)

I guess the plan is for Slavik to basically start over and get new investors to come in. Massive dilution but at least it would save the company from bankruptcy if he is successful. They will probably go for hard rock targets as opposed to the alluvial mining.

[mermoo]

In there latest PR they said were pursuing hard rock so I guess that one is a given.   In the past they also said it was a long term goal to pursue hard rock mining after exploiting the easier to get alluvial deposites. Well as for easier to get, I guess that proved un-economical.  There is some real questions about not releasing material information they apparently knew especially when

[mermoo]

Wow I butchered my spelling on that one.   Their not there long-term not long term