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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 Sep 04, 2012 11:44am
178 Views
Post# 20315026

RE: Lost faith or dirty games?

RE: Lost faith or dirty games?

I agree! I have seen the share price manipulated down before a financing. It is criminal but there is nothing you can do about it. On the other hand, after the latest 10q and subsquent surprising news of work stoppage, there is a good chance that investors are just selling to save whatever than have left.  I think that the lack of any kind of update, contrary to what management says, is also putting heavy pressure on the stock price.

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