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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 Public_Heelon Mar 05, 2012 9:46am
318 Views
Post# 19626277

Trading volume

Trading volume

Just amusing myself, I notice that shares traded over the prior 16 days totals 1/2 of one percent of outstanding, and that's assuming none were traded twice.

So, clearly, nearly all shares are either being held onto tightly, either because the owners believe in the company, or because they know that they can't sell in any meaningful volume w/o driving the price WAY down.

On the other hand, no one is BUYING with any conviction, either. I guess it's all just wait-and-see....

 

 

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