Test Mining and Shareholder Value
Placer mining is not easy and most that try do not have the luxury of a second shot at it with someTV producer grub-staking a second season. I don't expect too much success from Alaska in this season's show, I avoided the first season until the last epispode because I knew it would be too painful to watch.... it was.....
As a shareholder, the obvious point IMO is; This test mining period has been invaluable for Ruby Creek. They have taken the advice of experienced hands and have worked out many of the "rookie" mistakes everyone makes as new placer miners. They have gained operational experience, now they only need to identify the paystreaks and set up a processing site that functions. Water recycling and tailings disposal are things most beginners don't think about.
IMO, Not getting the cart before the horse and keeping up with an accelerating level of activity in the bush will be the challenges for Rob, Toby and their new Chief Geologist in then next 12 months... as one learned from the AK series,.,.,., DOWNTIME IS A KILLER,.... redundancy and operational flexibilty are essential, with the nearest Ace Hardware a continent away...
Test mining has also afforded an opportunity to establish the logistics needed to pull this off. My hat is off the Rob and Toby so far, Tanzania is not an easy place to establish reliable and sustainable sources of supply.... Not Investment Advice DYODD.... I am a shareholder of Ruby Creek Resources.