WHY MORIARTY SOLD OUT TO RUBY CREEKInteresting quote on Ruby Creek news release from Bob Moriarty below. As I understand from speaking to HS, he sold out because he was loosing his shirt trying to get gold out the sand, so he sold out. When he tried to queer the original Mkuvia deal with DLKM, the old owner threw BM a bone and sold this little property to him. Unfortunately for BM (and fortunately for everyone that can't stand his guts), he lost his shirt trying to get gold out the ground with the wrong methods.
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And that folks probably led him to be even more vitriolic in his published posts about DLKM.
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EXCERPT FROM RUBY CREEK NEWS RELEASE
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Robert Moriarty, President of Gold Standard Ltd., comments: "This is a giant and very unique gold project and it makes a lot more sense to work together than to proceed independently. We have done a lot of work on the ground and I'd love to see it in production. With Gold Standard's and Ruby Creek's properties bordering each other and Ruby's commitments to this Project, this Agreement makes extremely good sense. Both Companies share similar strategies for bringing this gold deposit into production. I look forward to my new role in advising Ruby Creek, closing the transaction and producing gold -- a mutually beneficial situation for both Gold Standard and Ruby Creek employees and investors."
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Robert Slavik, President and CEO of Ruby Creek, said, "I am very excited and pleased about these acquisitions and our new relationship. It's an unexpected gift to our employees and shareholders. This first mining license adds so much value to our Company. It has only been 14 short months since our first gold property acquisition in the south of Tanzania. The acquisitions of Gold Standard's assets brings not only the certainty of a 25-year mining license, but also adds the very valuable regional environmental data. This regional report will allow us to rapidly increase the number of mining licenses on the Gold Plateau project. Obtaining our first mining license coupled with our pending primary mining license contract mining agreement, will allow us to begin mining gold shortly. Mr. Moriarty's continued involvement as an advisor will add to our technical knowledge and aid Ruby Creek in solidifying our gains and expanding. Our Project has grown much larger than we initially envisioned. I am very thankful for all the people that have joined our Company over the past year, are sharing our dream and step by step are making it a reality."