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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...
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.
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Bullboard (GREY:RBYC)
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DRRabbit
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Post by
DRRabbit
on Jun 03, 2012 10:11pm
For what it's worth - 2 cents
I think everyone seems to agree the amount of gold on the property is substantial....so investors will continue to invest or new ones will be found. I believe they will succeed despite the recent
...more
(0)
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cadillacsam
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Comment by
cadillacsam
on Jun 02, 2012 10:40pm
RE: why reduced volumes
Why hasn't this information been made public weeks or months ago? Is that why the share price has fallen so much?
G Mining Ventures Reports Third Quarter 2024 Production and Financial Results
posted Nov 15, 2024 9:00am by
G Mining Ventures Corp.
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|
"I am proud to reflect on the significant milestones achieved this quarter, from our first gold pour and the launch of commercial production at TZ, to the release of robust PEA results for the generational Oko West project, to the acquisition of the highly prospective CentroGold project in Brazil," commented Louis-Pierre Gignac, President & Chief Executive Officer, "These results ...read more
(3)
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Public_Heel
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Comment by
Public_Heel
on Jun 02, 2012 7:13pm
RE: why reduced volumes
Thanks, jonggua. Given how tiny Ruby is, and given that it's still trying to establish itself as a working entity, this is a screwup of major proportions. Too bad.... and even worse that it's
...more
(16)
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jonggua
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Post by
jonggua
on Jun 02, 2012 12:11am
why reduced volumes
Johann Coatzee and Rob Slavik believed they could get 200 ton/hr (Ruby was using 2/3 of that for cbm) from the 3 trommels they had bought in Songea and also the one in 2010, so their prior projections
...more
(0)
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DRRabbit
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Post by
DRRabbit
on Jun 01, 2012 10:42pm
Let's Don't Give Up Yet!
It's always darkest just before the dawn....right?Lot of smart people involved with this company. Nobody said it would be easy to succeed....just extremely rewarding if it does! Be assured they
...more
(0)
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cadillacsam
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Comment by
cadillacsam
on Jun 01, 2012 12:48pm
RE: RE: FROM 133 CBM TO 40-60CBM
I think that when a company changes their production numbers so drastically, that would be considered "material" and should be announced in a press release and an explanation of such changes
...more
(0)
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cadillacsam
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Comment by
cadillacsam
on May 31, 2012 9:24pm
RE: FROM 133 CBM TO 40-60CBM
if you already know the reasons, why can't you post it?
(16)
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jonggua
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Post by
jonggua
on May 31, 2012 7:35pm
FROM 133 CBM TO 40-60CBM
It has not been publicly explained, but I can see from their updated corporate pdf presentation that their projected volumes have been racheted down. Seeking clarification, I have emailed IR and have
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(0)
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cadillacsam
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Post by
cadillacsam
on May 31, 2012 6:27pm
why no explanation?
If they have reduced their anticipated production to 60 cbm per hour, why haven't they said why? Is it that they are having trouble trying to recover a high percentage of gold with that much soil
...more
(16)
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jonggua
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Post by
jonggua
on May 29, 2012 10:51am
new capital
Just know they are working on it, but we won't know of success until a news release. Obviously they know they need more cash and quickly. tough market though! 500 oz mo at $1500 oz is
...more
(0)
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Sound1
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Comment by
Sound1
on May 29, 2012 9:51am
RE: RE: any thoughts?
great color, thanks. appreciate it. key is where does that additional capital come from? Chicken and egg story...who will throw more $ at them without better clarity on what's in the ground...?
(16)
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jonggua
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Comment by
jonggua
on May 29, 2012 9:35am
RE: any thoughts?
they have to get more funding, they only had $250K in bank last quarterly report and now cash flow positive is pushed out to Q1 2013 due to much smaller m3/hr input than planned before. Where before
...more
(0)
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Sound1
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Post by
Sound1
on May 29, 2012 7:00am
any thoughts?
Just doesn't feel right...feels like there a sellers lined up to hit the button on any meaningful up move. Away from some tweaks to the company presentation---no interim updates and zero
...more
(3)
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Public_Heel
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Post by
Public_Heel
on May 24, 2012 3:27pm
Someone dumped 35,000
Might even have been a market order.... too late in the day (2:25) for a margin call.
(0)
•••
Yukon_Cornelius
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Comment by
Yukon_Cornelius
on May 24, 2012 2:42pm
RE: SP bump- then the seller returns
Tiresome BS, but expected during the news lull. Looking forward to our production publication.
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