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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

Comment by Yukon_Corneliuson Jun 22, 2012 9:48am
197 Views
Post# 20043111

RE: RE: e-mail from Toby

RE: RE: e-mail from Toby

Companies are not obligated to update shareholders nor the general public unless a material event occurs.

Now granted, we're all starved for information and it's a natural gripe to wonder what is, or is not, happening when the share price goes where it has. So when there is financing procured, it will be publicized and an 8k will be filed. When the quarterly report is completed and filed, we'll see it.  Think about it from Ruby's perspective for a sec. Would you like them to announce they're seeking funding? Then what? when, who, where, how much..those would be the questions. And what if they're unable to procure any in the expected timeline? Something new for us to suffer through.

The Gold market is hammered and manipulated to all get out. Juniors are all struggling. We have 3 choices; buy, sell, or hold and remain patient. Good luck to us.

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