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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 cadillacsamon Aug 02, 2012 11:56am
119 Views
Post# 20177328

RE: "the masses" buying gold

RE: "the masses" buying gold

I don't believe the Chinese are buying hundreds of 

tons every few months.   Please provide proof.

China slowing, no longer trade positive and going to 

spend money on productive stimulus like infrastructure.

Europe goes down and china will be hurting badly because

they have an export economy. 2008 financial debacle saw gold 

drop- not go up 25%. Let's try and keep it real. Low cost producers would

benefit the most if gold zoomed.

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