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Bullboard - Stock Discussion Forum Ruby Creek Resources Inc RBYC

Metals & Mining Gold Industrial Metals & Minerals

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

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Comment by cadillacsamon Jul 24, 2012 7:46am

RE: g/m3

I should have used cubic meters, It makes little difference to the outcome whether tons of m3. I believe you are mistaken and any investor would want transparency from a company. They gave a range of ...more

184

Discussion

Post by jongguaon Jul 24, 2012 1:14am

g/m3

No cadillacsam, that is a real g/m3. Ruby's first reported grades in nearly 3 years of being a company. it is a true calculation of ranges of contained and recovered gold. You speak of tonnages ...more

231

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Comment by attorney8on Jul 23, 2012 11:12pm

RE: RE: Press Release out

You, of course, are entitled to make your own assumptions and to draw your own conclusions. They reported a range, which included nothing below.16 and as high as .86. Clear enough to me. They were ...more

109

Discussion

Comment by cadillacsamon Jul 23, 2012 10:33pm

RE: Press Release out

Laughable if it wasn't so absurd. You should stick to being an attorney because you can't do basic math. NEW YORK, July 23, 2012 /PRNewswire/ -- Ruby Creek Resources, Inc. (RBYC), a gold ...more

109

Discussion

Comment by cadillacsamon Jul 23, 2012 10:33pm

RE: Press Release out

Laughable if it wasn't so absurd. You should stick to being an attorney because you can't do basic math. NEW YORK, July 23, 2012 /PRNewswire/ -- Ruby Creek Resources, Inc. (RBYC), a gold ...more

104

Discussion

Post by attorney8on Jul 23, 2012 9:25pm

Press Release out

Estimated grades look promising - .16 to .86 g/lcm - for an average of .51 gm and much better than the .3 gm in the 43-101. We just need to close on some financing and we should ...more

273

Post by jongguaon Jul 23, 2012 7:32pm

10q

Note that the $20,000 loan made by one of the insiders allows them to 51% of the new shell company if the company should fail to raise money and default on his $20K loan. Does this put his interests ...more

172

Comment by cadillacsamon Jul 23, 2012 5:43pm

RE: RE: Now we know why 10q was delayed - ugly

"Can anyone figure out (or does it say somewhere) how much it cost them to mine an ounce of gold?" looks like about $30,000 to mine an ounce.

112

Discussion

Comment by cadillacsamon Jul 23, 2012 5:42pm

RE: e-mail from Toby

"Companies are not obligated to update shareholders nor the general public unless a material event occurs." Seems like a lot of possible material events have occurred in the last few months ...more

Discussion

Comment by DRRabbiton Jul 23, 2012 5:38pm

RE: Now we know why 10q was delayed - ugly

Can anyone figure out (or does it say somewhere) how much it cost them to mine an ounce of gold?

Discussion

Post by DRRabbiton Jul 23, 2012 5:36pm

Former CEO Terminated

Looks like Robert Slavik was terminated on May 18, 2012......interesting. Apparently he didn't have the interests of the shareholders in mind while running the company....looking forward ...more

202

Post by cadillacsamon Jul 23, 2012 5:21pm

Now we know why 10q was delayed - ugly

see full 10q .......this is partial. NO grades, LITTLE production, operations scaled back. Trying to get money to continue operations. ---------------------------------------------------------- ...more

131

Comment by attorney8on Jul 23, 2012 11:28am

RE: feathers ruffled- attorney

Apology accepted. We will have to wait to see what the report says, if anything, about the grades.

125

Discussion

Post by cadillacsamon Jul 23, 2012 11:15am

feathers ruffled- attorney

I apologize if I have been too negative toward you in the way I answered your post. I am sure your intentions are good. If longs feel that there will eventually be value than certainly hold but you ...more

121

Post by jongguaon Jul 23, 2012 10:40am

commercial production

Slavik announced commerial production in his non standard news release way back in Jan? Feb? but it was only a small amount of testing that had been done. Our new ceo promised full production ramping ...more

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