Ruby Creek Resources Inc RBYC

Law firms suing Goro- you have options here

[cadillacsam]

Levi & Korsinsky Notifies Investors With Losses on Their Investment in Gold Resource Corporation of Class Action Lawsuit and the Deadline of December 24, 2012 to Seek a Lead Plaintiff Position -- GORO

Press Release: Levi & Korsinsky, LLP –

RELATED QUOTES

Symbol	Price	Change
GORO	17.10	0.24

NEW YORK, Oct. 26, 2012 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Colorado on behalf of investors who purchased Gold Resource Corporation ("Gold Resource" or the "Company") (NYSE Amex:GORO) stock between January 30, 2012 and October 17, 2012.

For more information, click here: https://zlk.9nl.com/gold-resource-goro. There is no cost or obligation to you.

On July 19, 2012, Gold Resource announced preliminary production results for the second quarter ended June 30, 2012, stating that the Company's second quarter production was lower than expected and the Company was dramatically reducing guidance for fiscal years 2012 and 2013. In response to this news, shares of the Company's common stock fell from a closing price of $25.22 per share to a close of $17.50 per share the following day.

Then on October 17, 2012, Gold Resource announced preliminary production results for the third quarter ended September 30, 2012, reporting a dispute with the buyer of the Company's metal concentrates that resulted in the buyer claiming net adjustments (reductions) to Gold Resources' invoices. In response to this announcement the Company's common stock fell from its October 17, 2012 closing price of $20.15 per share to $18.01 per share the following day.

If you suffered a loss in Gold Resource you have until December 24, 2012 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email [e-mail] or by telephone at [phone], or visit https://zlk.9nl.com/gold-resource-goro.

Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky, Esq.30 Broad Street - 24th FloorNew York, NY 10004Tel: [phone]Toll Free: [phone]Fax: [phone]www.zlk.com            

[8saturday8]

Great idea Cadillac Sam but I can not see how this would benifit the Ruby investors. If the company is already broke the only one making money on sueing the company would be the lawyers.

[cadillacsam]

Maybe you can't get anything from a company that has no money but it would still send a message and those involved would have it on their permanent record so future investors would be warned.

[8saturday8]

Why don't you see if Ruby can come up with financing first. Maybe they can raise 2 to 3 million. You never know. Then sue them. Try to find other disappointed shareholders or employees that were not paid. Or even companies that they owe a lot of money.  Maybe they have lawsuits in process now. You could all go in on the same law suit. This way the cost will be spread out. Also try to find

[cadillacsam]

Kinda Machiavellian to have them raise money and then sue them? Couldn't do that to the new people they would be raising money from.   No, I don't have plans to sue them. But I think there is a couple of large investors that recently bought shares who might.