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Bullboard - Stock Discussion Forum 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... see more

GREY:RBYC - Post Discussion

Ruby Creek Resources Inc > repeat after me:
View:
Post by jonggua on Dec 29, 2011 6:40pm

repeat after me:

repeat after me, several times a day: rbyc could see $500 a share in a real gold stock mania with $5000 gold and 100K oz produx prior to 2018. Every day I read voluminously about the gold and gold stock market, and I can tell you we are at historic low valuations for mining shares, even with gold at $1550. The market still hates them and avoids them like a plague, and in that time we've doubled our share price in the last 12 months. it is easy to forecast such an event after a horrendous market washout (coming soon I believe, in the next 24 months) when the world's economies are trashed, and gold stocks are left alone with soaring revs, NAV, eps, and a newfound appreciation for real money, and a newly discovered hatred for gov't controlled fiat currencies. Gonna take a few years, and meantime rbyc should keep chugging along with growing produx, CFPS, eps, and NAV. How rich would Slavik be with  a $500 share price?
Comment by Yukon_Cornelius on Dec 29, 2011 8:52pm
Jonggua- I take a different view of what the market thinks about gold & mining stocks; what you see as hate, I see as manipuate and wait. Keep in mind that this is not your father's stock market. Logical or natural occurences based on history in the trading patterns and valuations are out the window. Powerful forces with big bankrolls and Hi-Freq trading can make your head spin ...more