Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Yukon_Corneliuson Sep 17, 2011 2:03pm
128 Views
Post# 19054097

Licenses TZ Politics etc.

Licenses TZ Politics etc.Just a reminder; the Gold Standard property comes with a license. As importantly, it comes with a regional EISA that will cover Mkuvia and allow for that license. The minister is unavailable because the position is currently vacant. Tanzania is probably the most stable system we could hope for. Rob Slavik has ingratiated Ruby Creek and himself in the country with the right people. Through his actions, he has lived his philosophy that we are a guest in their country. Beyond what's already been done there for the locals- school desks, water, medical facility- I'm told that last week our helicopter assisted in rescuing many off the coast of Zanzibar in a tragic ferry accident. That assistance came at the request of the President of Tanzania to Rob. Granted, while anything can happen, I'm pretty comfortable that we've established and will retain a very favorable status there. If the TZ parliament decides to tax a few more points on production, that won't hurt us much either given the volumes I expect to see by year end.
<< Previous
Bullboard Posts
Next >>