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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 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.


GREY:RBYC - Post by User

Post by falcon Apr 21, 2011 5:00pm
234 Views
Post# 18472252

cheerleading

cheerleadingThat was a good post by richernow. The rest of you guys are just 'true believers' who haven't been to the site.

I've been to the site and IMHO wasn't impressed by what I saw.

Its true RBYC stock has done well, I am glad, however, I've been extremely frustrated by what these guys are doing. They have been operating too long without a good mine plan or doing proper sampling and gold recovery work. Lots of stock does well on the hype, but how about a new resource estimate and of that what is the recoverable gold percent?

Gold mining doesn't just happen. I've been to many placer operations and there was the usual hiccups but they started panning, sampling, test pitting etc. Ruby Ck seems to be too much talk and not much action. If they think their site is remote they should try the Yukon. You can basically work 365 days a year at Mkuvia, so lets get going.
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