Ruby Creek Resources Inc RBYC

RBYC adds another employee

[DRRabbit]

https://money.msn.com/business-news/article.aspx?feed=PR&date=20120507&id=15076699

[mermoo]

It would seem we need news of production and not more expense of advisors.  I realize they were left with low cash but lets get it done already while there is still hope.

[Yukon_Cornelius]

Mermoo- just because they haven't reported production, that doesn't mean we're not producing and selling gold. I take it as a good sign they felt confident in acquring and announcing this. If this new consultant (one of our own community here btw) can help increase a minimum ounce or two a week- it's a good deal for us.

[sittingbullish]

Right on Yukon. Seems like his experience will be an asset... just a little help can go a long way. He needs to get his butt to visit the property. then come back and buy a couple hundred thousand shares on the open market, to get some skin in the game... put some cattle with his hat, meat on the bone, etc   Or since Yukon says he is one of our community already.. announce that he has held a

[DRRabbit]

Good one.....just so our smart (?) guys keep hiring more smart (?) guys we'll all end up looking like smart (?) guys (and gals). Hopefully all these people live up to their resumes!

[mermoo]

I agree it doesn't mean they are not producing.  But why would you sell gold and not tell your investors?  That does not seem like a great investor relations to me.  When you look at their last 10-Q their expenses went up, but there was no additional revenue to offset it.  I realize they are behind on projections for production but announcing more expenses without some sort

[DRRabbit]

Should be some clarity given this week in New York....I would think.

[mandelay]

The last update read was that Toby Hansen said he was very encouraged by what he saw there. I think he would have released a statement if that has changed. No news, means that he is still very encouraged. They have investors with quite a bit of money from their list of stockholders.

[Yukon_Cornelius]

"... I realize they are behind on projections for production....  Timing is important to any company and the release of information to investors can be critical for the success or failure of a small company. " Mermoo- you answered your own question. They are being strategic in releasing the FIRST critical report. We have to trust their judgement in making such decisions