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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 mermooon Apr 26, 2012 10:22am
196 Views
Post# 19838348

Crossing fingers

Crossing fingers

I expect to get some positive news this quarter from Ruby.  They are behind on promised production although I understand the reasoning.  The latest 10-Q told us production should have commenced on March 31st so we should be getting some numbers for grades and amounts.  I for one wish they shared more information publically instead of through phone calls and emails as it makes it harder to hold them accountable for what they say and the general investing world does not hear it.  A small bump in share price would be nice (even though I dont plan to sell short term).

Good Luck to All

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