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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

Post by jongguaon Dec 27, 2012 8:37am
386 Views
Post# 20773558

merry christmas

merry christmas

One things for sure, there was less joy in my Christmas this year now that ruby is at .03 instead of $5 plus with eps growing to $.50.

I suppose it is still possible for some funding to reach us sometime, but I expect it won't happen until either the fear factor or the  greed factor massively increases.

Amazing how all gold and oil stocks have been sold off relentlessly, and with such high prices!

 

I am out a ton of money and not happy about it, especially about how it happened. Last fall we had our long awaited article frontpage predicting 500 oz production by year end, and yet nothing was done to make that happen. I could not have predicted such dysfunction.

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