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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 > Press Release out
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Post by attorney8 on Jul 23, 2012 9:25pm

Press Release out

Estimated grades look promising - .16 to .86 g/lcm - for an average of .51 gm and much better than the .3 gm in the 43-101. We just need to close on some  financing and we should be in steady commercial gold production.
Comment by cadillacsam on Jul 23, 2012 10:33pm
Laughable if it wasn't so absurd. You should stick to being an attorney because you can't do basic math. NEW YORK, July 23, 2012 /PRNewswire/ -- Ruby Creek Resources, Inc. (RBYC), a gold exploration and mining company with operations in Tanzania, hereby provides an operations update. Ruby Creek test mining on its GS1 mining license area during the quarter ended May 31, 2012 yielded ...more  
Comment by cadillacsam on Jul 23, 2012 10:33pm
Laughable if it wasn't so absurd. You should stick to being an attorney because you can't do basic math. NEW YORK, July 23, 2012 /PRNewswire/ -- Ruby Creek Resources, Inc. (RBYC), a gold exploration and mining company with operations in Tanzania, hereby provides an operations update. Ruby Creek test mining on its GS1 mining license area during the quarter ended May 31, 2012 yielded ...more  
Comment by attorney8 on Jul 23, 2012 11:12pm
You, of course, are entitled to make your own assumptions and to draw your own conclusions. They reported a range, which included nothing below.16 and as high as .86. Clear enough to me. They were only testing. They could have done only a relatively small sampling ,due to the rainy season, eguipment issues and  other physical impediments.etc. You wanted grades and you got them, but, you are ...more  
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