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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 23, 2011 1:42pm
258 Views
Post# 18477578

illegal mining

illegal miningSo people are saying they know that cash flow model at Ruby Ck?? then lets put it in print for the company?
You have no idea how much illegal mining is going on at the site. There are tons of people there. I didn't remove
any 'gold', if you are implying I did anything illegal you are gravely mistaken. If Ruby ck produced some gold, then they did so illegally themselves as they have no right to do so. They don't have a permit. And they certainly don't produce 5 oz a day.

Lets bring on the cash flow model!! what is the grade? the cost of production? years of production? NPV? please illuminate us all. In all seriousness I would like to see this, I think everyone would.
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