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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 > next 3-6 months
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Post by jonggua on Feb 06, 2012 8:43pm

next 3-6 months

Unable to forecast how the ceo fracas is gonna unfold or end up, but I expect to be mining gold in the initial rampup of 133 m3/hr (200 ton/hr is how they're calling it) by summer. This of course keeps getting pushed back from prior predictions, the current problem now being torrential rains and Songea equipment still enroute. Company intimating they are laser focused now on produx.

the stock price however, I expect to be unusually volatile due to Europe falling apart to some extent this year. I have a bad feeling, informed by mucho info, that the European bankruptcy is gonna run outta can kicking road real soon. I am not selling any ruby, wish I could buy more, even at these gift prices, but can't see my way to buying more yet with my concentration. Waiting on grade reports, and new inferred resource estimates later this year, of course I don't know when they plan to do this, as they probably don't have this  info themselves yet. I am still forecasting $.16 for this calendar year due to the much later start to produx.  

Been working on various ruby stuff with some extra time on hands over chun jie. Most of it for myself, but gonna compile a "Quotable Quotes" doc with past comments about Gold Plateau's possibilities. Will post when I have it done. For those with too much time, read the dlkm board for march 08 to mid 09. Mickey mouse dlkm mgmt (long gone) but incredible awe and wonder by those who walked this ground.

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