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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 Oct 31, 2012 8:48am
154 Views
Post# 20543191

RE: Even gamblers play the odds

RE: Even gamblers play the odds

When the odds are so stacked against the investor here, why would they bet?

Every press release has been a sham, a target or a press release that has not panned out. They have not issued statements in a timely manner when they ceased production, even going so far as to say they were buying stock. They have now kept investors in the dark for four months on financing. Only a couple  of insiders own most of the company and they have not cared about investors. They booted the old ceo without explanation. When they finally reported production they didn't report grades and production was almost nil, so a new investor would not even know if there really is a high enough grade of gold or a high enough percentage of recovery to make a profit. Investor relations only talks on the phone to some people but he is not publishing anything for the record, so he can't be sued. This is the way to run a newsletter not a company. The company is silent and it has been deadly for the share price.

There is no sane gambler that would want to throw money to a company with no credibility

RELEASE A STATEMENT ABOUT WHAT THE COMPANY IS DOING!!!!!! ( or you will soon see 2 cent share price)

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