Current state 7.30.12 Time lost can’t be recouped. So where are we now?
Ruby Creek possesses several PL’s on substantial gold-bearing acreage in Tanzania. In addition, we have a mining license to start production, and a corresponding environmental/social impact assessment in place which should ease the way for the additional MLs outside the GS1 property.
What we lack:
- Funding
- Plentiful reliable production equipment
- Market interest in our stock
How do we get to where we’d all hoped and expected by this time? Number one leads to numbers two and three. Among the field of our junior peers, my hope and belief is that we’re an attractive investment, given the above.
The Euro and USD remain precarious. China is now the operator of the metals exchange, and Jim Sinclair remains stalwart that gold is the lone safe-haven; the last man standing.
All things considered .20 per share, small float and overall shares issued and outstanding, RBYC could still end up being be someone’s ‘darling’. Keeping the faith here as the favorable climate for being in gold returns.