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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 jongguaon Dec 15, 2011 5:48am
240 Views
Post# 19324174

10K

10K kinda surprising for me. see a new PP is going, thought we'd be in the money and Cash flow positive imminently. Hear it is a Europe only financing right now, I spent part of the day salivating over another chance at a new PP. Shucks! Other than that nothing too earthshaking I guess so far, other than that our good friend, Harp Sangha, did indeed pawn off 2 of the 4 Mkuvia prospecting licenses to another party AFTER selling them to us, but that ruby thinks our claims are unassailable. Will be spending an exciting weekend perusing this thing LOL. Looking forward to future weekends when we can spend the proceeds of it after it runs up to $45-60 a share in 2014??? europe is gonna fall apart first, drag down the US too, who knows whats gonna happen to our shares? Will markets even trade for a while while the banking system collapses?
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