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Bullboard - Stock Discussion Forum 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... see more

GREY:RBYC - Post Discussion

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Post by DRRabbit on Feb 22, 2013 8:55am

Gold Price

Does it hurt Ruby's chances to succeed since gold prices are going lower? Heard a guy predicting $1400 today.....
Comment by Yukon_Cornelius on Apr 15, 2013 12:19pm
Does it hurt Ruby's chances to succeed since gold prices are going lower? Heard a guy predicting $1400 today.....   Apparently not!
Comment by Sound1 on Apr 16, 2013 2:55pm
What are Ruby's production costs per ounce? Whether gold is at 1400 or 2000, it's kind of irrelevant if they are not pulling gold out of the ground. With absolutely no transparency as to what is happening on the ground, price of gold means nothing at this point for Ruby shareholders.
Comment by Yukon_Cornelius on Apr 17, 2013 9:31am
Agree that unless and until there is any meaningful production, it doesn't matter. Hope to still some day witness the effect of gold prices on rbyc pps.
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