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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 Sep 26, 2012 10:57am
163 Views
Post# 20415672

RE: The lack of transparency

RE: The lack of transparency

It's more a lack of market interest. Lack of any material events to report. And as I posted yesterday, at least one seller liquidating into a market with no buying interest. As for further damage due to mounting bills, I don't see that as much of an issue since they're not really spending any money; suspended ops and many of the skeleton staff are not drawing compensation. Someone stepping in with Millions- yes, that's the goal. Binary. We're either 'golden' or kaput. Make your choice and place your bets. All imo, as always.

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